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:Mini CE Summits: You Can Still Participate!
Knowledge Bureau is pleased to present the Four-Pack!
Four in depth half day virtual Mini-Summits you can access immediately to brush up on your personal tax knowledge in time for tax season 2025!
Accounting Services Specialist Program
Do you enjoy solving problems, working with numbers and helping others?
Early Filers Beware!
The tax filing season officially started February 24 and as usual, early filers are anxious to receive their refunds.
Sage Investing: RRSP’s TFSA’s OR RPP’s?
With the March 3 RRSP deadline around the corner, it’s time for an important primer on the three prime registered savings plans for Canadians are Registered Retirement Savings Plans (RRSP’s) Tax Free Savings Accounts (TFSA’s) and Registered Pension Plans (RPP’s). Why?
Quarterly Instalments – Avoid Remitting Too Much!
Many taxpayers are receiving electronic notices from the CRA reminding them that March 15 is coming up. That’s the day that the first quarterly tax instalment remittances are usually due for the new year, but because that day falls on a Saturday this year, the due date is March 17. The issue in a cash strapped world, is whether you really need to make these payment. Here is a backgrounder to guide you:
Corporate Tax Filing Fundamentals
Statistics show that 97.8% of of the employer business in Canada are small businesses. This means if you have built a tax filing business serving individuals and households only, you’re missing out on a big share of the market.
