Wildfires: Apply for Taxpayer Relief Provisions
It may not be the first concern, but Canadians affected by wildfires may worry at some point about the tax consequences of lost records or missed filing deadlines – the next one on June 16 for those filing T1 returns with proprietorship income. Fortunately, the CRA offers Taxpayer Relief Provisions when there are circumstances beyond a taxpayer’s control, including natural disasters, serious illness or death in the family, or errors made by the CRA, which may trigger penalties and interest due to late or incomplete tax filings. Here’s what you need to know.Pay Yourself First
Although submission of a TD1 form is not required each year, it’s always a good idea to ensure that your employer is not withholding more taxes than absolutely necessary – after all, it’s your money.
2015 Pre Budget Online Consultation for the Federal Government’s Economic Action Plan
Federal Finance Minister Joe Oliver is seeking input on a number of key issues for the 2015 Economic Action Plan.
Two Designates Receive Thumbs Up Fom Knowledge Bureau
Knowledge Bureau gives a thumbs up to two folks who participated in the Toronto Distinguished Advisor Workshop.
Tax Tip For 2015
File an audit-proof return on time
DAC 2015 is Heading to Puerto Vallarta, Mexico
The Westin Resort and Spa has been announced as the venue for Distinguished Advisors Conference (DAC) 2015!
Getting Tax Season Right: Plan to Start Early
Tax preparation season is about to begin and getting it right means a lot more than filing an accurate tax return.
