T4A Slips: The February Deadline, the Late-Filing Penalties, and When You Must Issue One
If you paid an independent contractor, consultant, or freelancer more than $500 in 2025, the CRA expects a T4A slip on their desk by February 28, 2026. Miss the deadline and penalties start at $100 per slip—and can climb to $7,500 for large volumes. Below is a...
Locum Vets: Employee or Contractor in BC? CRA Rules You Must Know
Locum Vets: Employee or Contractor in BC? CRA Rules You Must Know In the last CRA payroll audit I defended, a three-vet mixed practice in Kelowna owed $27,840 in CPP, EI and penalties because their “contractor” locum was really an employee. Below is the exact 4-step...
Accounting Software for Veterinary Practices in Canada: CPA Field Test
Accounting Software for Veterinary Practices in Canada: CPA Field Test QuickBooks Online Advanced (2025 release) Best for: Clinics > $2 M revenue or planning multi-location. Built-in Custom Approval Workflows—head vet signs off on every inventory order before the...