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CFPB’s Proposed EWA Rule Sparks Debate

ThomsonReuters

noted the significant change in posture regarding the CFPB’s new guidance that would classify EWA products as a form of credit subject to the TILA regulations from its previous 2020 advisory opinion, which created a safe harbor for certain EWA providers to avoid being subject to TILA. The proposal would also amend Code Sec.

payroll 52
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Information on Filing T4s/RL-1s and T4As for Small Business Owners

Ronika Khanna CPA,CA

I knew that sometime around February an envelope would appear on my desk with a tax document that I would need to reflect on my tax return. These tax documents (also called tax slips) are referred to as a T4 (and an additional slip called the RL1 in Quebec).