Telpay is excited to announce the sponsorship of the Winnipeg Symphony Orchestra’s (WSO) Adopt-A-Musician program. Through the Adopt-A-Musician program, Telpay proudly supports the following violinists: Jun Shao, Hong Tian Jia, Karen Bauch, Claudine St-Arnauld and Takayo Noguchi by helping them fulfill their dream to perform at the world renowned Carnegie Hall in New York City on May 8, 2014.
Everyone likes getting paid. When your business uses electronic systems to send money directly into bank accounts, it says a lot.
I once had a client tell me; ‘When I send money electronically, it makes my business look more professional, as if we are bigger than we are.’
As some of you may know, Telpay’s system gives businesses the ability to send money anywhere, with just a few clicks of the mouse. That’s very powerful.
Understanding how paying electronically impacts the receiving party is important. Here’s a look at how the people and businesses you pay feel about getting paid by direct deposit to their bank accounts.
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Since 1978, the D’eon Family have owned the A&W Restaurant on the Crowsnest Highway near Fort Macleod, Alberta. A&W Food Services of Canada is Canada’s second-largest fast food burger restaurant chain with over 800 locations.
When Dave’s father ran the restaurant ‘everything was paper’ at least where the accounting was concerned. Back in those days, Dave’s father would bring the accountant the ‘books’, and bills, then come back pick everything up and begin signing cheque after cheque. Then he would deliver the cheques to the mail.
Times changed; Dave came aboard and the business continued to grow. Soon Dave was responsible for running the restaurants and managing ‘the books’. With approximately fifty staff and dozens of supplier payments, Dave quickly realized the manual cheque process needed to be replaced with a better way.
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Congratulations to the four lucky winners in Telpay’s Share The Love & Win Contest. Enjoy your $50 direct deposit compliments of Telpay.
Time is ticking on T4/T4A season. With the Friday, February 28 deadline fast approaching, are you procrastinating, preparing or already producing your T4 and T4A Information Returns?
What they are?
A T4 (Statement of Remuneration Paid) is employment income paid during a tax year and the amount of income tax that was deducted. As well as salary, employment income can be bonuses, vacation pay, tips, honorariums, commissions, taxable allowances, the value of taxable benefits and payment in lieu of notice. Continue reading
