S.E Parker and Associates Ltd. CPA's

Reminder ⏰

If you’re paying your taxes quarterly, your next payment is one week away! Check it off your to-do list now, and pay quickly and easily online: https://ow.ly/G0ql50SbXSn

[Image description: A white piece of paper is taped on a teal background with the text “to-do: Pay quarterly taxes (circled), water plants, groceries]

https://www.facebook.com/share/AYVbS51uAL4iAcpo/?mibextid=xfxF2i

Opinion: Seniors and their families caught up in botched CRA attempt to crack down on tax evasion

https://www.facebook.com/share/d6N2kJAVftvkbanS/?mibextid=xfxF2i

Join the Cloverdale District Chamber of Commerce for dinner with our local politicians. "Whats in Store for Surrey in 2024?". Chamber of Commerce Serving Clayton, Cloverdale & Campbell Heights to register. Wed Jan 17th 5pm.

📸 Look at this post on Facebook
https://www.facebook.com/100064404683229/posts/742213071268842/?mibextid=CDWPTG

Transferring a family business? New tax laws coming in January | CPA Canada New rules for owners transferring their business to next generation family members or employees will soon take effect

📸 Look at this post on Facebook
https://www.facebook.com/100064074331644/posts/748339973978474/?mibextid=CDWPTG

Bookkeeping and Introductory Accounting - Fraser Valley Continuing Education This will be the most important business course you will ever take! An understanding of basic accounting and bookkeeping is of vital importance to anyone involved in business, even those who are not involved in day-to-day accounting.

https://www.theglobeandmail.com/business/article-cra-penalty-rate-on-overdue-taxes-will-rise-to-10-per-cent-causing-tax/?utm_source=PaidSocial&utm_medium=FacebookAd&utm_campaign=traffic_mkt&utm_term=SCL_ROB&utm_content=keywee-loyaltyscore&utm_id=1&kwp_0=2316945&kwp_4=6527528&kwp_1=2793906&fbclid=IwAR1WlVb49GO6cDBVFDns1U52xJpafoARI3cLIR1yVKarIawiANAICP6iGbc_aem_AVLFpeauQc-YGeeQoAtdJrPM6bjiCHzrl1G6cAutjhD1v2EIkwP9Br4x-tzFGkvDYtXD-u7bLqofzV8lDF-wR15Z

CRA’s rate on overdue taxes will rise to 10 per cent, causing tax advisers to shift strategy For many individual Canadians and business owners, it’s yet another cost straining their income and another burden stemming from high interest rates

One week until the 8th Annual Clovie Awards❗❗⁠
⁠
Do you have your tickets for this amazing event yet?!
Get them now as only a few remain at theclovies.com

Scams will come at you in all forms. If it looks like it came from CRA and you're in doubt. Call your Accountant. They will know!

Facebook friends that are Golfers or non-Golfers for fun!
Want to play mid-week at the Beautiful Northview Golf Course? Please consider this amazing fundraiser. Follow the link below
www.surreyhospice.com/golf

https://www.canada.ca/en/revenue-agency/corporate/about-canada-revenue-agency-cra/collective-bargaining/labour-disruptions-impact.html

Labour disruptions impact at the Canada Revenue Agency - Canada.ca The Government of Canada remains resolute and focused on reaching fair and reasonable agreements at the negotiating table and avoiding services disruptions for Canadians. However, a significant number of federal public servants may be in a legal strike position by mid-April.

🤔 Need to make an adjustment to a tax return you already filed?

🔁 You can use ReFILE with the same NETFILE-certified software you used for filing your income tax and benefit return.

Find out more ➡️ http://ow.ly/Fc1J50NH9UG

[Image description: A person sits on their couch with a laptop on their lap. Their legs are resting on a wheelchair. The outline of a white diamond shape frames their head.]

Don't forget to apply for this if you are eligible!

One-time top-up to the Canada Housing Benefit - Canada.ca The one-time top-up to the Canada Housing Benefit is a tax-free one-time payment of $500 for eligible low-income renters to help with the cost of renting.

5 tips to help you prepare your income taxes effectively in 2023

TaxTips.ca - Canada's Underused Housing Tax TaxTips.ca - Canada's Underused Housing Tax for Cdns & Non-Resident Non-Canadians

Pay stubs can be confusing. You might be thinking:

👉 Why is money being deducted every time?
👉 Where does my money go?
👉 What do all these numbers mean anyway?

We know you’ve got questions, so we’ve got answers! Check out this video from our online learning tool: http://ow.ly/u3pV50Mukom

Tax Season is around the corner! Call your Accountant NOW if you need to know how much to contribute to RRSP's!

MERRY CHRISTMAS TO YOU AND YOUR LOVED ONES!

A heads-up about being very careful with POS apps that you input the correct type of transaction!!
https://www.facebook.com/100064570368735/posts/507369194758755/?sfnsn=mo&mibextid=LROouL

Alberta couple square off against payment system Square after losing out on $3,300 in sales | Globalnews.ca A Cochrane company is warning others after a mishap with the popular payment system Square left them with thousands of dollars in lost sales.

Did you know?
Your Accountant has new updated Quality Standards to use in the preparation of your Financial Information! Call us to know more.

For all firms that conduct assurance engagements, the new quality management standards came into effect on December 15, 2022. https://staging.bccpa.ca/news-events/latest-news/2022/november/quality-management-implementation-advice-for-smaller-firms/

If you own shares in a corporation, this is something you need to be aware of.

S.E Parker and Associates Ltd. CPA's We are a CPA firm. Specializing in accounting, taxes and all things CRA related.

We are thankful for all our clients and wish you and yours a happy Thanksgiving.

Let's us help you navigate the steps to starting a small business!