RLB Blog

It’s that time of year again; T4 Season!  2024 T4 slips are due to be handed out to employees by February 28, 2025.  The penalty for failing to distribute T4 slips to recipients is $25 per day for each such failure, with a minimum penalty of $100 and a maximum of $2,500.

Budgeting: Should last year’s surplus be used to fund a pet sanctuary? It’s that time of year again for the Annual General Meeting (AGM) and then comes the process of forming next year’s budget.

One month after the last minimum wage increase the province has announced that they would like to increase it again.  On October 1st the minimum wage increased to $14.35 per hour.  The proposed changes would see this increased to $15.00 per hour on January 1, 2022.  The Ontario government has stated the reason for the increase is to keep up with the cost of living that has increased considerably during the pandemic.

Cheers to making the “April 30th deadline”! So… now what? Now it’s a “choose your own adventure” based on your situation. 

Have you heard? Everyone has probably heard about increases to the minimum wage in Ontario. There is currently one set increase this fall and two further increases proposed by the Ontario government. The plan is to have the increase phased in over the next two years. Here is what you need to know:

Auto-Fill My Return The Canada Revenue Agency (CRA) has made it easier for you to file your taxes this tax season! Filing taxes can be easy for me? Am I dreaming? No, you’re not! If you’re short on time this tax season, try Auto-Fill My Return. It is a secure service that automatically fills in parts of your tax return, making filing online even more efficient! Some of the information that Auto-fill My Return automatically fills in includes: