CPA4IT Professional Corporation Independent contracting has become an appealing model for professionals in Canada, offering greater flexibility, higher earning potential, and more control over one’s work. However, despite its popularity, the industry faces … Read more
As part of your onboarding, we require that you complete the CRA Authorized a Representative Request. This authorization allows our firm to communicate with the CRA on your behalf and … Read more
As part of your onboarding we require that you completed the CRA Authorized a Representative Request. This request authorizes our firm to speak to the CRA on your behalf and … Read more
Thousands of Canadians rely on Old Age Security (OAS) benefits in retirement. However, a common and avoidable mistake on your tax return could dramatically reduce or even eliminate your OAS … Read more
In Davidson v. T.E.S. Contracting Services Inc., 2025 ONSC 3537, the Ontario Divisional Court agreed with an earlier decision by the Superior Court to reject a proposed class action lawsuit. … Read more
On May 28, 2025, the Government of Ontario introduced the Working for Workers Seven Act, 2025, a landmark piece of legislation aimed at strengthening protections for workers, improving access to … Read more
If you’re a QuickBooks Online (QBO) user using Payments or Payroll direct deposit, you’ve likely received a request to submit business documentation. This isn’t a glitch—it’s part of a required … Read more
As we move into the second half of 2025, both employers and employees should be aware of important updates to payroll deductions that will take effect starting July 1, 2025. … Read more
In the ever-evolving world of independent contracting, especially within the professional services sector, staying compliant with tax and employment laws is both crucial and complex. With the increasing scrutiny from … Read more
Canadian residents must file Form T1135 (Foreign Income Verification Statement) if, at any point during the year, they own specified foreign property whose total cost exceeds CAD $100,000. Whether a particular piece … Read more
A great small business tax accountant does more than just measure value, they create it. At CPA4IT our goal is to save you substantially more than it costs you for our services. Over the last 30 years we have developed tax strategies designed to help you keep more of your hard earned money. If you would like to learn how we can help you pay less tax, simply download our FREE Guide to Pay Less Tax.
