If you currently work with freelancers or plan to in the future, you might find yourself having questions about paying freelancers, since taxes for freelancers look slightly different than for your in-house employees. Here are some things that you should know about when working with freelancers to help ensure that they are adhering to Canadian…
7 Payroll Mistakes Small Business Owners Make That Hurt Efficiency
Small business owners know that positioning their business to operate in the smartest, most efficient way possible is paramount in creating sustained, long-term success — and at the heart of it, one of the biggest keys to success is efficiency. With that said, a common oversight that hurts a business’s and business owner’s efficiency is…
Your Questions About The Employment Standards Act: Pregnancy and Parental Leave
There are many reasons as to why an employee might initiate a leave of absence, though most common leaves of absences can be attributed to pregnancy (or maternity) leave and parental leave. As an employer, it’s crucial to take the time to understand the details of such leaves and your employees consequent rights. This knowledge…
Concerned About the Cost of Benefits?
Is it time to start looking for a benefits plan for your employee(s), but you find yourself concerned about the cost of benefits? Today’s group benefits are all about choice and flexibility. Benefits providers are aware of this, and putting together a suitable plan to fit your budget has never been easier. Here are four…
Reopening Your Business: Supporting Your Employees
Making the shift from remote work back to a physical workplace may be a source of anxiety for employees and employers alike. What will the new work environment look like? And how will workers be kept safe from COVID-19? Part of Canada’s economic recovery involves returning to physical workspaces. Safely opening up will require a…
Diversity and Inclusion in the Workplace: Why it matters
Over the past several years, many businesses are actively focusing on improving diversity within the workplace. Research has shown that gender diversity, as well as ethnic and cultural diversity in the workplace, can be extremely beneficial for your business. Not only is it important to have a diverse workplace, it’s also important to ensure that…
Capacity for More Billable Hours
As you take on additional team members or larger bookkeeping tasks as your business expands, necessary tasks like payroll and filling various tax forms can consume a lot of time and impede on the goals that you would like to work towards as a business owner. Although it is an exciting journey to take your…
How to Tip Out Properly
If you’re an employer of an establishment that facilitates tipping, it’s important to stay up to date with best practices. Today, we’re going to explore types of tips, some foundational rules associated with tipping practices, and how to ensure you’re staying fair and compliant as a business when it comes to the distribution of tips. …
Payroll Taxes In Québec: What You Need to Know
Taxes are an inevitable part of being an adult. Whether you’re an employee working for a business or an employer yourself, you have to pay taxes. Of course, location will always affect the taxes you pay and the regulations you have to adhere to. For those who live in Québec, there are five main types…
Generating Passive Income For Your Small Business
One of the most important streams of revenue for any business is passive income; it requires no ongoing effort on your part, while generating lasting income for your business. What’s not to like? But passive income can affect your overall financial picture (especially if your business qualifies for the small business deduction). As such, you’ll…
You must be logged in to post a comment.