Shaelene’s Tax Tip of the Week – September 6th

Books In Line

Have you given your employee a gift recently?

It isn’t always a taxable benefit. Non-cash gifts for a special occasion have an upper limit of $500, and non-cash gifts for a work anniversary have an upper limit of $500 every five years.  Anything in excess, however, is a taxable benefit. Have questions?

Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!