Tax Tips
Tax Tips and Traps – 4th Quarter 2024
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Tax Tips and Traps – 3rd Quarter 2024
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Tax Tips and Traps – 2nd Quarter 2024
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Federal Budget Commentary 2024
On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation, to the House of Commons. Read the full article below.
Tax Tips and Traps – 1st Quarter 2024
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Mandatory Electronic Payments to CRA
Effective January 1, 2024 the Canada Revenue Agency implemented a mandatory requirement that any payments over $10,000 must now be made electronically. This includes any payment made related to balances due for personal, corporate and Trust income tax, instalments, HST remittances, payroll remittances and any other payments made to the Receiver General of Canada. Electronic…
Changes to T4/T4A Reporting
We are here to inform you of important new filing requirements that will affect all employers that prepare T4 or T4A slips. Requirement to Report Dental Benefits The Canadian Dental Care Plan (CDCP) was introduced in November 2022 and expanded in June 2023 to include more individuals. Currently only those aged 12 and under are…
Tax Tips and Traps – 4th Quarter 2023
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Tax Tips and Traps – 3rd Quarter 2023
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Tax Tips and Traps – 2nd Quarter 2023
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