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.Knowledge Bureau Designate Highlight: Sharon Timson
Join Knowledge Bureau in congratulating Sharon Timson in achieving her DFA – Tax Services Specialist™ Designation.
No More Paper Refund Cheques?
With a target date of April 2016, CRA is moving closer to the elimination of cheques and manual payments and towards full electronic banking for businesses.
EverGreen Explanatory Notes have been updated!
Have you noticed EverGreen Explanatory Notes have been updated?
Mark Your Calendar: Personal Tax Bootcamp - RSVP by Dec. 15
Sign up before December 15 to secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!
Give The Gift Of Time: It’s Precious
It seems to sneak up on us every year: the Christmas Holiday season. Regardless of how you celebrate, it is a time to reflect, count your blessings, give, and re-evaluate how you will use your precious resources of time and money in the new year.
