Reynolds Payroll & Bookkeeping Services

01/10/2025

As of today the minimum wage in Ontario has been increased by $0.40 to $17.60/hr.

If you have skilled talent you want to retain we encourage you to increase their wage/salary proportionately.

14/04/2025

This spring the CRA is going online with their communications. If you haven't accessed your online business account make it a priority to do so, as it can take some time to get your access set up.

Also, if you're seeking out a new bookkeeper, or accountant, we can't get in if you can't get in to authorize us to represent you.

📢 Starting spring 2025, we’ll switch to online mail for most business accounts.

Register for My Business Account now for a faster, easier, and secure tax experience.

More info ➡️ https://ow.ly/AXFC50VcSGH

[Image description: A person smiles while speaking on the phone. They have an open laptop on their lap.]

14/04/2025

If you, or a dependent, were enrolled in post secondary last year these are some great tips on what credits are available.

Post-secondary education is expensive, but you can cut the cost by taking advantage of these tax breaks.

12/03/2025

Please be diligent about your online safety. Take the time to remind family members that still may not be internet savvy not to click on anything they're sent, and not to provide any personal or banking information. The scammers are working double time during tax season.

🚨 Scam alert! 🚨

Scammers are sending emails or messages with a button or link that leads to a fake EFILE sign-in page that looks very real.

What to do:
❌ Don’t click any buttons, links or reply to messages
❗ Only access the EFILE sign-in page from our website

More info ➡️ https://ow.ly/AyZF50Vf19H

[Image description: The word “scam” written on a green background with a notification bell.]

05/03/2025

In the unfortunate case of tariffs interrupting your business's cash flow, and finding yourself in need of assistance, London Economic Development Corporation has put together a list of resources.

Let us be clear: tariffs hurt everyone—businesses, consumers, and individuals on both sides of the border.

With global trade uncertainty, having a strong, diverse local economy is more important than ever. London’s mix of industries, manufacturing, tech, healthcare, and more, help keep jobs secure, businesses growing, and our city thriving.

In the face of US tariffs, we've compiled a list of financing and advisory supports for London businesses here: https://www.ledc.com/tariff-support-london-businesses

📸: Scott Webb

03/03/2025

Can you relate?😂

03/03/2025

If you're new to running a business, or are thinking about diving in, the London Small Business Centre is a great resource.

This is your chance to bring your business idea to life!
Attend this information session and learn how to start your small business.

Register today: https://www.eventbrite.ca/e/1253202264709?aff=oddtdtcreator

03/03/2025

A step in the right direction.

Big news! Minister Khera gives an update on progress related to the Canada Disability Benefit! 📣

Learn more here: https://ow.ly/NsbX50V9rlY

Image description: Update on Canada Disability Benefit Regulations!

28/02/2025

Make sure you collect all the documents needed for the credits you're due before filing your taxes. Your bookkeeper/accountant should have a more detailed list available to you if needed.

Are you providing care for a parent or family member? 🫶

If so, there are tax credits that should be on your radar! 👀

Find out more at: https://ow.ly/BaOB50V4jOb

27/02/2025

Please remember to go and vote today!