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What are the chances that my company will be audited by the Canada Revenue Agency (CRA)? At least 1 in 100 businesses get investigated every year. Many are left in a panic when the inquiry letter arrives. How long should…
Nobody expects to be audited, but with at least 1 in 100 businesses being investigated every year, many are left in a panic when they receive the inquiry letter. Keeping accurate records of the following will help you pass any…
Along with knowing the holiday calendar and processing dates for the upcoming year, here are some important payroll specific dates to remember: The Payroll Deductions Online Calendar (PDOC) is updated January 1 and July 1 Individuals and sole proprietors must…
According to Statistics Canada, more than 6 million Canadians worked from home throughout the year due to COVID-19 who would not normally do so. As a result, the Canada Revenue Agency (CRA) has simplified the work from home tax claim…