Last posts

  • Planning a Research or Innovation Project? New CRA Pre-Approval Process…

    Canadian businesses investing in research, technology, and product development may…

  • Uber, Lyft and Taxi Drivers: Do You Need to Register…

    If you earn income driving for Uber, Lyft, or another…

  • Three CRA Online Service Updates Canadian Businesses Should Know

    The Canada Revenue Agency (CRA) continues to expand its online…

  • Construction Year End Records Checklist for Alberta Contractors

    A construction year end requires more than a bank reconciliation…

  • CRA Introduces New Online Tax Debt Management Options for Businesses

    Managing outstanding tax balances can be challenging for businesses, particularly…

  • When a Construction Company Outgrows Basic Bookkeeping

    Basic bookkeeping may be enough when a contractor has a…

  • Reporting requirements for the Canadian Dental Care Plan 

    he Canadian Dental Care Plan (CDCP) will provide dental coverage for uninsured Canadians with an adjusted family net income of less than $90,000. There are new reporting requirements that begin with the 2023 tax year for issuers (including employers and pension plan administrators) of the T4 Statement of Remuneration Paid and T4A Statement of Pension, Retirement, Annuity, and Other Income. For more information on the requirements for the CDCP visit Employers and pension plan administrators: Changes coming to T4/T4A reporting – Canada.ca.

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