by clay | Apr 25, 2020 | Edmonton Bookkeeping
Since owners need to be very careful when they are hiring contractors for their business says Edmonton bookkeeping. The reason why, is because while contractors do not have source deductions being withheld from the amount of money that a business owner pays them....
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners need to be very careful that they are withholding source deductions correctly says Edmonton bookkeeping. Along with that, that they are remitting them to Canada revenue agency correctly as well. The reason why, is because CRA views this as one of the...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
The reason why business owners need to be very careful about hiring employees and contractors in their business says Edmonton bookkeeping is so that they can end up paying source deductions correctly. In fact, improperly pay source deductions are the highest penalties...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
If entrepreneurs hire employees, but them independent contractors, they may run into problems with Canada revenue agency says Edmonton bookkeeping. The reason why, is because contractors do not have CPP and EI being deducted from their check, while employees do. The...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Many entrepreneurs may not understand there is a risk involved if a business owner hires an employee, but pays them as an independent contractor Says Edmonton bookkeeping. However, the biggest difference between the two, is that an entrepreneur must take source...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
The reason why it is important for entrepreneurs to understand the difference between employees and contractors has to do with how they pay source deductions says Edmonton bookkeeping. In fact, business owners should understand that while employees will have source...
