IntroductionEmployer responsibilitiesIs income from tips and gratuities part of an employee’s pensionable or insurable earnings, or both?Controlled tipsDirect tipsDeclared tips (in the province of Quebec only)More informationLegislative references Introduction This article is for employers and their employees who receive tips and gratuities. It explains how to treat tips and gratuities for purposes of the Canada…
Author: Bert Mulder
Bert Mulder Scholarship for Church Organists
Congratulations to Heather Ball on winning the Bert Mulder Scholarship. Wish you the Lord’s blessing in your organ studies
Just had a client fall for the I-Tune gift card scam today...
I just had a client today that fell for the scammers, and was taken for $2,500. Must be a coincidence, but they said they talked to ‘Jenny’ at my office… DO NOT! DO NOT FALL FOR THIS SCAM! So happens that I have a Jennifer at my office. They however did not talk to her,…
Government in full damage control mode
https://www.thestar.com/news/canada/2017/10/16/feds-to-cut-small-business-tax.html Thus, the Trudeau government is in full damage control mode… Reducing the small business rate as per election promise, which they flipped on, and now flopped on, before ‘fixing’ the so called small business ‘tax loopholes’, which they previously placed as a condition. They altogether dropped the so called ‘converting income into capital gains’…
Counterpoint: Why taking CPP at 60 can make sense, even when the hard math says otherwise
Ted Rechtshaffen | March 21, 2017 1:52 PM ET More from Ted Rechtshaffen Pawel Dwulit/Bloomberg News Earlier this week, Lisa Bjornson and Fred Vettese wrote an excellent article suggesting that one should wait to take the CPP until age 70. The pure math is hard to dispute, as the government provides a bit of an…
RCCO Edmonton Organ Scholarships Recipients Concert
I wish to invite you to the 2016 RCCO Edmonton Organ Scholarships Recipients Concert, which will take place in First Presbyterian Church, 10025 105 Street, Edmonton on Monday March 27, 2017 at 7:30 pm. One of the scholarship recipients, Ms Kathleen Seutter, recipient of the Bert Mulder Organ Scholarship of $500, will be performing with…
Ten things you need to know about passport restrictions on delinquent taxpayers
http://www.accountingtoday.com/opinion/ten-things-you-need-to-know-about-passport-restrictions-on-delinquent-taxpayers In late 2015, Congress passed the Fixing America’s Surface Transportation Act, a law that, among other things, helps the IRS collect larger tax debts. Included in the FAST Act is Section 7345 of the Internal Revenue Code, which requires the IRS to provide information to the U.S. State Department about people who owe “seriously…
Stephanie van Leeuwen
Welcome to Stephanie van Leeuwen, our newest staff member, who joined the firm January 9th. Stephanie is in her fourth and final year of her bachelor degree, and is working towards earning her CPA designation.