Posts Tagged T4

It’s T4 Preparation Time

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!

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