News Room

Late Filing Penalties: Talk About It!

While most T1 returns are in the hands of the Canada Revenue Agency (CRA) by April 30, we know many are not. In fact, millions of returns were still outstanding as of mid-May. Late-filing clients they need to know about the consequences, especially if they owe. Here’s a rundown to be aware of:

Mark Your Calendar: STILL TIME TO REGISTER

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!

Knowledge Bureau Designate Highlight: Ellie Jenner

Knowledge Bureau Designate Highlight: Ellie Jenner

Happy Holidays from Knowledge Bureau

Knowledge Bureau holiday hours

2015 Return and Schedules Now Available in EverGreen

Although the new T1 Return and Schedules will not be available from the CRA website until January 7, the forms went to print on December 16 and are available in EverGreen Explanatory Notes right now.

Season’s Greetings CRA: Estimated 33,000 letters will be mailed out

'Tis the season and Canada Revenue Agency will once again send out an estimated 33,000 letters to Canadian taxpayers asking them to “reconsider” their prior year’s personal tax return. 

CRA Moving to Email Communications in 2015

The new T1 return includes a space to send the taxpayer’s email address to CRA.
 
 
 
Knowledge Bureau Poll Question

Do you agree that public trustees, guardians and departments supporting Indigenous Services should be able to certify impairments for the Disability Tax Credit?

  • Yes
    17 votes
    17.35%
  • No
    81 votes
    82.65%