Recommendations from the CPA for the Annual Year-End Tune-up

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2015Most organizations will not include into their annual budgets fines and penalties imposed on organizations that failed to comply. Instead they rely on those organizations that is affected with payroll responsibilities to comply accurately and on time. The problem faced by many organizations is staying abreast of changes that could affect the organization such as the Canadian Payroll Association for a timely and up-to-date resource.

Canadian organizations should ensure that those within the company tasked with payroll year-end is fully aware of the Canadian Payroll Association seminar for Year-end and New Year requirements. Most organizations know how complex a payroll is and will attend this every year to stay abreast of the latest developments in the field. The seminar covers new legislation, revisions, rate adjustments and interpretations in this complex but vital task.

The one day seminar for this year will cover a number of very complex jurisdictional updates affecting payroll preparation and attendance could make the task easier for those staff members involved in the preparation. These updates will greatly enhance compliance of the updates for the year easier to implement with practical tips and information to the delegates. Even staff with years of experience will greatly benefit from attending the seminar offered by experienced and trained facilitators.  Being accurate and in compliance means that staff should have a work plan accounting for all the requirements and actions needed to be taken throughout the year. This will ensure a smooth year-end without fears of missing some important and vital facts. The information regarding Year-end and New Year requirements is published from November through December and available at various locations throughout Canada. Certain locations will also be able to supply this in January.

The main points covered during this in-depth seminar will include information and facts regarding the new rates, what the limits and maximums are for 2015. Also covered are details regarding new small Business Job Credit and various other initiatives offered by the government for the New Year. The seminar will further provide attendees with facts about vital changes to the employment standards as it applies on a provincial basis, this include pension legislation and compensation for workers in Canada. Apart from helpful tips on how to balance the Year-end as a compliant organization, it will also provide people with a review of the complexity surrounding the requirements of Quebec payroll reporting.

Staff attending the one day seminar will be exposed to experienced facilitators as well as their peers and able to learn from their experiences while grasping some practical solutions to problems experienced in producing an accurate and compliant payroll. The seminar also offers a half-day legislative update. For those new to working with payroll or nor experienced in the Year-end process another seminar called “An Introduction to the Year-end Process” or “An Introduction”.

To encourage attendance an early bird discount is offered for those registering until two weeks before the seminar at a venue near the organization.

Source Link: http://www.payroll.ca/CPA/Media_Room/News/en/MediaRoom/NewsAnnoucements/Year_End_Tune_Up.aspx

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