{"id":532,"date":"2015-06-04T18:43:24","date_gmt":"2015-06-04T18:43:24","guid":{"rendered":"http:\/\/www.larosacga.ca\/?p=532"},"modified":"2015-06-04T18:43:24","modified_gmt":"2015-06-04T18:43:24","slug":"june-newsletter","status":"publish","type":"post","link":"https:\/\/www.larosacpa.ca\/?p=532","title":{"rendered":"June Newsletter"},"content":{"rendered":"

Welcome to my monthly newsletter.<\/p>\n

Heart and Stroke Big Bike Ride
\n<\/b><\/span>I am riding in the Heart and Stroke Big Bike Ride in Richmond Hill on June 18<\/span>th<\/sup><\/span> with the Connecting the Community Group. You can cheer us on.<\/span><\/p>\n

Please follow link below if you would like to donate and help create survivors.<\/span><\/p>\n

http:\/\/support.heartandstroke.ca\/site\/TR\/BigBike2015\/BB_General_2015?px=1070386&pg=personal&fr_id=1578<\/a><\/span><\/p>\n

Next Tax Filing Date
\n<\/b><\/span>June 15<\/span>th<\/sup><\/span>, personal tax returns due for those that are self-employed but any taxes payable were already due by April 30<\/span>th<\/sup><\/span>.\u00a0 <\/span>Same is true for your annual HST filing.<\/span><\/p>\n

2015 Tax Installments, avoid penalty and interest<\/b>
\n<\/span>Personal tax installments, if required, are due quarterly and second installment is due on June 15<\/span>th<\/sup><\/span>. Check with your accountant or CRA if you must pay. <\/span><\/p>\n

Corporate Tax Returns
\n<\/b><\/span>Corporate tax returns for those with a December year end are due June 30<\/span>th<\/sup><\/span>. Any taxes payable should have been paid by March 31<\/span>st<\/sup><\/span> for most small businesses. <\/span><\/p>\n

New Payroll Tables
\n<\/b><\/span>New payroll tables must be used effective July 1<\/span>st<\/sup><\/span>. Ensure you download the payroll updates from QuickBooks or Simply. They are also available on CRA web site.<\/span><\/p>\n

Minimum Wage
\n<\/b><\/span>Current general minimum wage rate is $11.00. It will increase to $11.25 effective October 1, 2015.<\/span><\/p>\n

Record Keeping
\n<\/b><\/span>One of the most important things in business is also one of the most neglected.<\/span><\/p>\n

Setting up a proper set of books is key to keeping track of revenue and expenses, banking, government remittances for payroll and HST, and corporate tax filing.<\/span><\/p>\n

Tax Free Savings Account, Penalty Letters
\n<\/b><\/span>If you over contributed to your TFSA in 2014 you will get a letter shortly from CRA to pay the penalty by June 30<\/span>th<\/sup><\/span>. Over contributions should be removed ASAP.<\/span><\/p>\n

Check with your banker for the status of your TFSA account.<\/span><\/p>\n

Richmond Hill Chamber of Commerce \u2013 Annual Golf Tournament
\n<\/b><\/span>Golf the Summit! <\/b>Monday September 21<\/span>st<\/sup><\/span>. Visit chamber web site for details.<\/span><\/p>\n

A chance to golf at one of the oldest and most established golf courses in the GTA and some good sponsorship opportunities available. <\/span><\/p>\n

I hope you find this general information helpful. Please consult with your accountant or myself if you have any questions.<\/span><\/p>\n

This material is provided for general information and is subject to change without notice. Please consult with your professional advisor before you act on any of the above information to ensure it\u2019s right for you.<\/i><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to my monthly newsletter. Heart and Stroke Big Bike Ride I am riding in the Heart and Stroke Big Bike Ride in Richmond Hill on June 18th with the Connecting the Community Group. You can cheer us on. Please follow link below if you would like to donate and help create survivors. http:\/\/support.heartandstroke.ca\/site\/TR\/BigBike2015\/BB_General_2015?px=1070386&pg=personal&fr_id=1578 Next […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-532","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=\/wp\/v2\/posts\/532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=532"}],"version-history":[{"count":2,"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=\/wp\/v2\/posts\/532\/revisions"}],"predecessor-version":[{"id":534,"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=\/wp\/v2\/posts\/532\/revisions\/534"}],"wp:attachment":[{"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.larosacpa.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}