Changes to Paper Filing Disempowering
Last tax season, only 7% of all Canadian tax filers filed on paper. The CRA is pushing for zero. It continues to steer the holdouts to digitized filing by adding lots of obstacles. Most recently, it is removing almost all the schedules from the tax return package it mails. This seems unfair to people who paper file because they can’t afford a computer and internet, distrust the security of online filing and those who are neither tax or computer literate. Here’s what they are up against:Did You Know? Measures to cut red tape for small businesses
As part of its Red Tape Reduction efforts, the Canada Revenue Agency (CRA) has created a dedicated team that is charged with cutting red tape for small businesses, thereby enhancing service.As part of its Red Tape Reduction efforts, the Canada Revenue Agency (CRA) has created a dedicated team that is charged with cutting red tape for small businesses, thereby enhancing service.
Featured Event: A critical workshop on planning for tax-efficient results before year-end
November Distinguished Advisor Workshop
Year End Tax Planning Strategies:
Investor, Owner/Manager Planning and Cross Border Taxation
Knowledge Bureau knows that in an ever-evolving industry, it can be hard to keep up with the most current information.
That's why we've done it for you - and you can update your knowledge all in one day!
