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All items tagged with: tax filing

Educate Your Clients: Six Essential Tax Tips for 2019

Posted: December 11, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking, Current Issue , tax preparation, Financial Literacy, Evelyn Jacks, Essential Tax Facts, tax tips, tax filing, financial education, tips for taxpayers

Share the gift of education with your clients this holiday season! By discussing the six essential tax tips your clients need to know for 2019 and beyond, you can help Canadians become more informed on the tax-efficient decisions that will improve their financial health in the new year.

Enrol Now: Outstanding Advanced Personal Tax Update Featuring Prolific Canadian Tax Experts

Posted: December 11, 2018
Posted in: Strategic Thinking, Current Issue , tax preparation, tax credits, tax courses, ce credits, tax workshop, electronic tax filing, CE summits, personal income tax, advanced personal tax update, Income Tax Courses, 2019 tax

It’s time to shake out the cobwebs and sharpen your personal tax knowledge as you learn all the ins and outs of filing T1 tax returns in 2019. Receive a detailed line-by-line update that includes new 2018 forms and schedules from the CRA. Canada’s most popular personal tax update for professional tax filers, bookkeepers, accountants, financial advisors and their teams is coming your way. Don’t miss this highly anticipated annual tour coming to six cities in January.

Death in the Family: Executors’ Obligations

Posted: November 12, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , CRA, executor, Evelyn Jacks, tax filing, Death of a Taxpayer, final returns, rights and things returns, Tax Accounting on Death of a Taxpayer

Year-end can be a particularly difficult time for those who have lost a loved one during the year. But it’s important to see a tax specialist when someone in the family dies, to file any tax returns that may be outstanding on time, adjust prior-filed returns, and to claim specific tax benefits that can help to pay for end-of-life costs.

Missed Prior Returns: 8 Reasons to File Before Year-End

Posted: November 06, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, tax credits, Evelyn Jacks, tax deductions, tax benefits, CRA penalties, income tax filing, tax deliquency, missed returns, filing late taxes

Did you forget to file a tax return in a previous year? It can pay handsomely to catch up before year-end. Not only can you recover tax refunds CRA may still owe you (that’s the main reason for most), but here are 8 additional reasons to file those missed returns before year-end:

Tax Filing Delinquency: 8 Reasons to Catch Up Before Year-End

Posted: October 30, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, CRA, Canada Revenue Agency, Evelyn Jacks, Essential Tax Facts, tax evasion, tax penalties, overdue taxes, tax deliquency, late tax filing, overdue tax returns

It pays to file outstanding tax returns before year end, not only to recover refunds that CRA may still owe you, but also to avoid paying penalties and interest that would be charged for gross negligence or in some cases, tax evasion. But also, when you don’t file on time, you miss out on important tax planning opportunities that may end for you on December 31. Here are 8 important reasons to review your return before year-end.

Coming or Going from Canada: Be Tax Compliant

Posted: September 24, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , tax preparation, tax credits, Evelyn Jacks, tax services specialist, tax filing, tax deductions, CE summits, immigration, Canadian immigration, newcomers to canada, emigration, part-year residency

With Canada’s complex tax system, tax and financial advisors who exercise additional diligence to ensure immigrants and emigrants remain tax compliant can offer valuable advice. What tax deductions, credits and filing requirements should you make sure they don’t miss?