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.

As we approach July 1 and the Canada 150 celebrations, most Canadians who were due to receive a tax refund for the 2016 tax year would have received the funds by now. Be sure to suggest to your clients that they give themselves a big Canada Day gift by using those funds to top up their TFSA.

In the months leading up to Canada’s sesquicentennial celebrations, Canadians have been encouraged to get out and explore our great country. And DAC 2017 presents the perfect opportunity for you to head west this November!

“Just because you’re good at what you do doesn’t mean that people are going to want to be on a team with you.” – Marnie McBean

This past spring, we were excited to receive some of the best reviews we’ve ever had for our series of Distinguished Advisor Workshops (DAW). As a result of your great feedback and suggestions, we’re shaking up the Distinguished Advisor Workshops to bring you the new CE Summits! Tell us what you think of our new colours and themes!

There has never been a better time to register for your summertime learning and add to your skillset!  But you’ll need to hurry and register by the Friday, June 30, at noon deadline to avoid the tuition increase on July 1. 

Rebecca Ringwood loved her stress-free and fully-supported experience in the Basic Bookkeeping for Small Businesses course