By Liz O'Dowd on February 17, 2015 
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When are T4 slips required? Employment income is included on a T4 for the year in which it is received, not earned. If a payment is made in January 2015 for wages earned in December 2014, this amount will be… {Read more}
By Liz O'Dowd on October 26, 2012 Leave a comment
Each December, the CRA provides accelerated remitters (except monthly accelerated remitters who receive Form PD7A) a booklet of PD7A-RB forms (either 27 or 54 forms) to use to remit deductions. These booklets are printed once a year. Form PD7A-RB has… {Read more}
By admin on February 8, 2012 Leave a comment
CPP/QPP – 2012 Year’s Maximum Pensionable Earnings $50,100.00 Year’s Basic Exemption (by pay period type): Annual $3,500.00 Monthly (12) $291.66 Semi-Monthly (24) $145.83 Bi-Weekly (26) $134.61 Weekly (52) $67.30 Maximum Contributory Earnings $46,600.00 Contribution Rate—Employee/Employer 4.95% Contribution Rate—Self-Employed 9.90% Maximum… {Read more}
By Peter Kupovics on December 8, 2011 Leave a comment
Deadline for RRSP
By Peter Kupovics on December 6, 2011 Leave a comment
Americans getting a big break from Uncle Sam
By Peter Kupovics on December 5, 2011 Leave a comment
PayTrak prepares your 2011 T4’s for free!
By admin on February 22, 2011 Leave a comment
Only one week left to make RRSP contributions toward your 2010 taxes
By admin on June 2, 2010 Leave a comment
When deciding as to whether a salary should be paid to a family member, or more specifically
By admin on September 16, 2009 Leave a comment
Let’s face it, payroll can be a hassle. It becomes even more of a hassle when you need to prepare the T4’s
By admin on February 5, 2008 Leave a comment
The CRA recently announced plans to open its telephone lines up for 2 weekends in February