Tax season for businesses across North America is upon us again—and while it’s never a necessarily a surprise, it can definitely sneak up on you.
This year, get the jump on tax season—Back Office makes it easy.
If your brokerage is in Canada, there are two slips you’ll need for your staff, admins, and agents: T4s and T4As.
Preparing T4s for your office staff and admins
You can prepare T4s in Back Office using payroll records for your staff and admins.
1. Use the 9.5.3 menu to prepare your T4s in Back Office. Full walkthrough >
2. Print out any necessary copies. Full walkthrough >
Preparing T4As for your agents
You can prepare T4As for your agents for any specified calendar year.
1. Check your payroll history and T4A information to make sure everything’s accurate and up to date.
2. Use the 9.5.4 menu to prepare your T4As in Back Office. Full walkthrough >
3. Print out any necessary copies. Full walkthrough >
You can find a full guide through this process here.
If your brokerage is in the U.S., there are two slips you’ll need for your staff, admins, and agents: 1099s and W2s.
Preparing 1099s for your agents
You can prepare 1099s in Back Office using your agents’ commission history information. You can also prepare them for rentals, outside brokers, accounts payable, and incorporated agents.
1. Check your 1099 information to make sure everything’s accurate and up to date.
2. Use the 9.5.4 menu to prepare your 1099s in Back Office. Full walkthrough >
3. Print out any necessary copies. Full walkthrough >
Preparing W2s for your office staff and admins
You can prepare W2s in Back Office using payroll records for your staff and admins.
1. Check your payroll history to make sure everything’s accurate and up to date.
2. Use the 9.5.3 menu to prepare your W2s in Back Office. Full walkthrough >
3. Print out any necessary copies. Full walkthrough >
You can find a full guide through this process here.
Still have questions?
If you’re worried when it comes to getting your books in order, we understand—and we can help.
WOLFwatch is a bookkeeping service that specializes in our Back Office solution. On a monthly basis, our specialists check in to make sure your books are organized and up to date—so you can run your business without having to worry about whether it all adds up.
Learn more about how our WOLFwatch experts can help you with bookkeeping peace of mind!
