RLB Blog

Have you ever wondered what your accountant wishes you knew? Our team has compiled a list of 10 things they wish you knew. Here they are, in no particular order...  

There are four options to receive your Notice of Assessment (NOA) from the Canada Revenue Agency (CRA):

So, you've submitted your receipts, run the numbers, and filed your taxes. What's next? When it comes to making a payment to the Canada Revenue Agency (CRA), you have several options. 

It is important to manage legal risk for NPOs. For these Not-for-Profit organizations (NPO), there are often many requirements and guidelines to follow. Especially regarding funding and leadership. To ensure compliance, your organization's board and senior management must conduct regular legal check-ups. This will ensure proper due diligence and prevent costly mistakes and avoid exposure to legal liability. According to Carters Professional Corporation, the following 10 tips identify key issues that charities and NPOs should address for effective legal risk management.      

The deadline to give employees their T4 slips is February 28, 2021 (or the next business day as this falls on a Sunday.) The failure to distribute T4 slips on time is $25/day for each failure with a minimum penalty of $100 and a maximum of $2500.

After a year like no other, it’s hard to believe that tax season is here again. There is yet to be an announcement about extended filing deadlines in 2021, so our team is moving forward with filing as usual. That means – tax deadlines are quickly approaching! If we hear about any changes, we will update you right away!

When working from home, you’re likely already battling kids asking for snacks, pets looking for attention or the temptation to nap during the day. The last thing you need is to struggle with the ergonomics of your work-from-home setup.  

Why is self-care more critical now than ever? Well, we’re living in stressful times. Pandemic stress is a real thing. Watching news around the world and seeing the number of COVID cases climb doesn't help.  If you have kids trying to accomplish online learning while working from home, it is a huge stressor. Perhaps you live alone, and you’re feeling isolated and lonely. It’s winter, and there’s less vitamin D, so you’re also struggling with Seasonal Affected Disorder. There’s a lot to be worried about. Letting that worry build-up without giving yourself an outlet to decompress is a recipe for disaster.  

When we entered lockdown 2.0, we knew what to expect the second time around. We wanted to share these tried-and-true ways for staying connected with your team when they’re all working remotely. These 5 tips will have you boosting morale and smiling through this second wave. 

Some people may find it surprising that RLB offers Human Resources Consulting. We know you’re working towards creating the best organization you can, and RLB is there to help every step of the way.