by clay | Apr 25, 2020 | Edmonton Bookkeeping
If entrepreneurs think that the only difference between employees and contractors is that contractors do not have source deductions withheld from their pay, Edmonton bookkeeping says they may be making a huge mistake. In fact, there is difference between the two...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Many business owners have heard that it is a good idea for them to ensure that all contractors that the higher are incorporated says Edmonton bookkeeping. However, they may not understand why. The biggest reason is because if they are incorporated, then they can never...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
It is very important that entrepreneurs withhold source deductions properly says Edmonton bookkeeping. If they do not, they could face stiff teas, some of the stiffest that Canada revenue agency hands out. The view not remitting source deductions properly as one of...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners need to understand that the not only have to be withholding the correct amount of source that actions from employees paychecks says Edmonton bookkeeping. But also, if they had any contractors working for them, they need to be very aware of what Canada...
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...