Oct 16, 2019 | CFO Services
Business owners who have been avoiding paying source deductions by calling their employees independent contractors often go to their accountant after they have been crushed by high penalties and interest charges because there contractors have been deemed employees by...
Oct 15, 2019 | CFO Services
50% of all businesses are out of business within five years, says CFO services. And 29% of those failed businesses will say that they ran out of cash as a contributing factor to their businesses failure. In an effort to save money, and avoid this issue some businesses...
Oct 15, 2019 | CFO Services
Massive problem that many business owners how is they have been crushed financially by retroactive people remittances says CFO services. The reason for this is that they have received several retroactive people remittances, penalties, and interest because there...
Oct 15, 2019 | CFO Services
Business owners who have hired unincorporated contractors can be assessed by the CRA as having their contractors be deemed as employees says CFO services. Along with that report, comes a massive penalty, charged per employee for as long as the issue has been taking...
Oct 15, 2019 | CFO Services
A huge problem that several business owners bring to their accountant when itís too late says CFO services is when they have been crushed financially by retroactive payroll remittances interest and penalties because CRA has deemed their contractors are actually...