Important Federal, Quebec and U.S. Reporting Deadlines in 2023
In order to help you plan accordingly in 2023, we have compiled the important reporting deadlines that are required by the various levels of government.
GST and QST Refunds When a Registrant Sells a Passenger Vehicle
Most Goods and Services Tax (GST) and Quebec Sales Tax (QST) registrants overlook the following obscure rules, which may permit them to obtain GST and QST and refunds in the form of Input Tax Credits (ITCs) and Input Tax Refunds (ITRs) with respect to the sale of a passenger vehicle costing in excess of the […]
2022 Limits and Rates Related to Automobile Expenses
The rates for automobile expenses, deduction limits and the prescribed rates for determining taxable benefits on automobile operating expenses are as follows for 2022.
Tax Information for 2022
Here are the deductions at source rates for 2022 and 2021 for Employment Insurance, Quebec Parental Insurance Plan, QPP, CPP, Quebec Health Services Fund and Commission des normes du travail. These rates will help you plan more efficiently for the current taxation year and help to prepare T4 and Relevé 1 slips for 2021.
Taxable Benefits in Brief
This issue will serve as a reminder of certain, often forgotten, details regarding the preparation of T4 and Relevé 1 forms.