1 - 8 - 0 - 0 - H - A - R - T

It’s that time of the year again. Employers have to prepare and file T4’s, and other reporting slips, with Canada Revenue Agency by the end of February each year to be compliant. Employees, on the other hand wish to receive their T4’s as soon as possible, because if there is a chance to file their income tax returns early and get a hefty tax refund - they can use the cash to pay off some bills.

Somehow, by splitting this difference between employee wants (January 1st) and employer deadlines (February 29th) .. middlemen such as myself come into play usually by the beginning of February!

More →

HOW TO PROPERLY PLACE NEW EMPLOYEES

1. Put 400 bricks in a closed room.

2. Put your new employees in the room and close the door.

3. Leave them alone and come back after 6 hours.

4. Then analyze the situation:

More →

I have many clients who have automated payroll services. By using the word “automated”, I mean specifically:

* Companies who use payroll services like Ceridian Canada etc.
* Companies who have accounting software with a Payroll Module and pay for periodic and/or annual updates

But, I also have many clients that are just single owner/shareholders or small businesses that only have 2-5 employees and find that that it is too costly to keep paying for an updated payroll service or hire a company like Ceridian.

More →

I was scanning my bloglines, as I usually do each night .. and found something VERY interesting … I don’t know why Brian turned off his comments on his blog .. so I couldn’t go over there and comment about how amusing I thought this was!

Source: Brian Tankersley, CPA, CITP blogs on Technology and Accounting Matters More →