Originally posted September 11, 2019 – Updated August 22, 2022 Do I need to keep records when I have hired an accounting service? According to the law, you must retain and protect any records related to your personal or business tax returns even if you hired Cody & James, or another third party to prepare … Read more
Do I need to keep records when I have hired an accounting service? According to the law, you must retain and protect any records related to your personal or business tax returns even if you hired Cody & James, or another third party to prepare your tax returns or provide other accounting services. During a … Read more
Written by: Gwyneth James MBA CPA, CGA Senior Partner It’s your first day on the job and you’ve been handed a pile of paperwork to complete and sign plus the employee policy manual to read and a Health & Safety video to watch. In the midst of the chaos, you probably don’t understand – or … Read more
Written by: Gwyneth James MBA CPA, CGA Senior Partner The Peterborough Chamber of Commerce is a non-profit, membership-driven association that advocates on behalf of the Peterborough business community. Members of Chambers across Ontario, including yours truly, loudly and firmly stated their displeasure with one aspect of their government’s Bill 148 which introduced several updates to … Read more
Written by: Pam Hammett, Bookkeeper and Payroll Specialist As responsible business owners, you have an obligation to remit your business taxes, whether it be income taxes, HST, or withholdings of employee Source Deductions to Canada Revenue Agency (CRA). This article will cover not only the importance of correctly deducting Payroll Source Deductions; but of remitting … Read more