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How to Choose the Right Outsourced Accounting Services

Basis 365

What Are Outsourced Accounting Services? Outsourced accounting services are simply accounting services handled by external professionals as opposed to in-company employees. These services range from basic bookkeeping and payroll processing to more advanced financial analysis and CFO-level advisory.

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

Ronika Khanna CPA,CA

If you have a payroll provider , they will often prepare and submit the T4 slip and summary on your behalf. When in doubt it is important to confirm this with your payroll provider. Certain accounting software like QuickBooks and Simply Accounting generate the forms and the information for the summaries.

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CFPB’s Proposed EWA Rule Sparks Debate

ThomsonReuters

Critiques of CFPB’s interpretation of EWA In its interpretive rule, which received nearly 150,000 comments, the CFPB states that “it does not matter that the obligation to repay is sometimes satisfied via payroll deduction” and that it “is still an act of repayment.” 3401(b).

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