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:

Police in Edmonton are warning of scammers who have their sights set on one Canada’s most vulnerable groups: new immigrants.

Child care expenses are claimable by Canadian residents for services provided in Canada, although deemed residents living abroad qualify as well.  

Just released in Canada, this 3rd edition of Doug Nelson’s best-selling book Master Your Retirement is receiving rave reviews.

As Joel Schlesinger of the Winnipeg Free Press wrote, "If there were celebrity experts on Canada's tax system, Evelyn Jacks might be one of them."

The tax filing deadlines for Proprietorships  is June 15. There is still time for you to earn a certificate to professionally complete income statements for the self-employed, partnerships, farmers, fisherman, and professionals in the most tax-efficient manner with T1 Professional Tax Preparation – Proprietorships. Save $50 by enrolling online today.

Assist your clients with making a plan to get out of debt with the Debt Reduction Solutions Calculator. Become a certified Debt and Cash Flow Management advisor – it only takes 30 hours online.