And it’s that time again….T4 Filing in Canada

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T4 FilingThe holiday season is now over and so we launch into January and April, which for business owners is T4 time.  It’s certainly not a fun time for a lot of employers, especially if they are calculating payroll manually throughout the year with the help of Canada Revenue Agency (CRA) calculators.  Even if you are using a software program like QuickBooks ...

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It’s T time again (and not the kind that goes with scones)

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Tax timeFebruary is the month of T4’s and T5’s for most employers.  If you had any employees during the 2012 calendar year, then CRA (Canada Revenue Agency) requires you to file T4’s and T5’s by February 28, 2013.  There is no flexibility on the deadline and the penalties and interest start adding up on March 1st.  The penalties also are based on the number of information slips you were required ...

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