When you run a small business, the day-to-day challenges and sales and production targets often keep you so occupied that the only time you really think about taxes is when they are due.
To Incorporate or not to Incorporate? That is the question.
For most small businesses, the question of if and when the company should be incorporated is one that should be considered at regular intervals.
This is another bookkeeping and accounting question that we’d like to use this blog to address. The simple answer is no. The government has decided...
This week, the federal government released the 2014 federal budget, and businesses across the country are wondering how it will impact them. I've...
The 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...
There are a lot of frequently asked questions that we receive as a bookkeeping firm, but one of the most common by far is, “Why do I need a...
February 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)...
T4 Slips and T4 Summaries can be filed in a number of ways: Traditional Paper Method (for only up to 50 T-slips) Sample T4 Slip Sample T4 Summary...
If you have ever had a job in Canada you’ve likely received a T4 slip at some point in your life, whether it was for a summer student job or as a...