Re: Montreal Jan 24/21 YE NOA & CRA account statement

From
Tim Thomas <tthomas@homecareassistance.com>
To
Hua Wu <hua.wu@thekey.com>
CC
Timothy Thomas <tt@thekey.com>, Amanda Hansen <phansen@homecareassistance.com>
Date
ue, 31 May 2022 16
Folder
INBOX
--Apple-Mail-D6159C51-E240-4629-A5C1-0E29BFD01105 Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Of course. I’ve given her a heads up in any event. Tim Thomas Home Care Assistance 514 726 7647 > On May 31, 2022, at 4:07 PM, Hua Wu wrote: >  >  > Ok Thanks Tim. > I'll also need to let her know about those corporate allocations because i= t would change the taxable income, but I can reach out to her directly. >  > Hua >  >> On Tue, May 31, 2022 at 2:06 PM Tim Thomas wrote: >> I think it makes sense to have Kathy finish it at this point. I will le= t her know. >>  >> Tim Thomas >> Home Care Assistance >> 514 726 7647 >>  >>  >>>> On May 31, 2022, at 3:42 PM, Timothy Thomas wrote: >>>>  >>>  >>> I'll let Tim Sr. handle this one. I was not aware Kathy was preparing bu= t we might as well let her finish it off.  >>>  >>>> On Tue, May 31, 2022 at 3:40 PM Hua Wu wrote: >>>> Hello >>>>  >>>> One thing I forgot to ask in my previous email. Does Kathy have the 202= 1 file from QB or from NS? Because the QB one would not have any of the cor= porate allocations. Net income in NS is showing a total of $979,502 for 2021= , but Dec/21 QB file shows net income of $1,009,442. So the difference is no= t huge, and it might just be that I need to provide Kathy those amounts that= were allocated by Corporate in 2021. >>>>  >>>> Thanks. >>>>  >>>> Hua >>>>  >>>>> On Tue, May 31, 2022 at 1:35 PM Hua Wu wrote: >>>>> Hello Tim >>>>>  >>>>> Just want to check regarding Kathy's email. I didn't know she was alre= ady preparing the Dec/21 tax return for Montreal. It sounds like she's almos= t done. Do you want her to just go ahead and complete and file them? Becaus= e it sounds like she's going to be billing us regardless if it's done or not= . @Amanda Hansen Just a heads up, If we're going to let BDO know that they d= on't need to prepare the Montreal Dec/21 tax return, they might still charge= us a bit for whatever time they've already spent on this.  >>>>>  >>>>> Thanks. >>>>>  >>>>> Hua >>>>>  >>>>>> On Tue, May 31, 2022 at 1:28 PM Kathy Kis wrote:= >>>>>> Hi Randi, >>>>>>  >>>>>>   >>>>>>  >>>>>> So, I read the email stream below and I am a little confused. Tim had= signed an engagement letter with me last year for the 2021 year-end and you= had sent me the file to complete the year-end. The 2021 year-end is almost r= eady, I was just waiting to see if any of the shares had been redeemed after= the buyout, so I am not sure what to do from here. If they would like me to= file the year-end, it would be my pleasure to do so. If they would prefer I= bill them for my time spent on the file, I can send my caseware file to BDO= , along with the tax return so they do not have to re-create the file. Pleas= e advise. >>>>>>  >>>>>>   >>>>>>  >>>>>> Please see attached NOAs for the periods ended January 12th and Janua= ry 24th , 2021 as well as the instalment account which the government has c= lassified as for the January 24, 2022 year-end. They will only be able to re= allocate to the December 31, 2021 year end after filing. >>>>>>  >>>>>>   >>>>>>  >>>>>> The CRA NOA for the period ended January 24, 2021 will be amendedâ€= ¦ there NO balance payable. They had misallocated a payment. The balance i= s now zero. The same was true for the period ended January 12, 2021. >>>>>>  >>>>>>   >>>>>>  >>>>>> I will await your reply with respect to the 2021 year-end filing. >>>>>>  >>>>>>   >>>>>>  >>>>>> Best regards, >>>>>>  >>>>>> Kathy >>>>>>  >>>>>>   >>>>>>  >>>>>> Kathryn Kis, CPA CA >>>>>>  >>>>>> ☎️ (514) 484-7748 >>>>>>  >>>>>>   >>>>>>  >>>>>> From: Randi Schapira CPA CA   >>>>>> Sent: May 31, 2022 6:40 AM >>>>>> To: Kathy Kis >>>>>> Cc: Hua Wu ; Tim Thomas ; Timothy Thomas >>>>>> Subject: Fwd: Montreal Jan 24/21 YE NOA & CRA account statement >>>>>>  >>>>>>   >>>>>>  >>>>>> Hi Kathy  >>>>>>  >>>>>>   >>>>>>  >>>>>> Please answer this email since you have access.  >>>>>>  >>>>>>   >>>>>>  >>>>>> Thanks >>>>>>  >>>>>> Randi >>>>>>  >>>>>>  >>>>>> Begin forwarded message: >>>>>>  >>>>>> From: Hua Wu >>>>>> Date: May 30, 2022 at 7:12:13 PM EDT >>>>>> To: Randi Schapira >>>>>> Cc: Timothy Thomas , Tim Thomas >>>>>> Subject: Montreal Jan 24/21 YE NOA & CRA account statement >>>>>>  >>>>>>  >>>>>>  >>>>>> Hi Randi >>>>>>  >>>

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