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...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Many business owners may not even take into consideration the problem that could be facing if they have hired a contractor in their business, who actually would be classified as an employee by Canada revenue agency says Edmonton bookkeeping. This is a huge risk,...
by clay | Apr 25, 2020 | Edmonton Bookkeeping
Business owners may not understand the risk that they are putting their business at if they are hiring employees as contractors says Edmonton bookkeeping. Ultimately, the biggest difference between the two two a business owner comes down to a question of employees get...