Time’s Up: CRA’s 100 Day Mandate for Improvement

After years of frustration on the part of tax professionals and taxpayers alike, the Finance Minister ordered the Canada Revenue Agency to clean up its act in 100 days. Specifically, the improvement plan was to run from September 2 through December 11. Finance Minister and Minister of National Revenue, Francoise-Phillippe Champagne instructed CRA to fix “unacceptable wait times and service delays.” Time’s up this week and CRA has released an update on progress. What gets measured, gets done. Let’s see what CRA’s metrics show. 

If you receive a T4 slip you forgot about after you have filed your tax return, don’t file another return. Just send in a copy of the slip with a T1 Adjustment Request from (T1ADJ).

Despite the busyness of tax season, Knowledge Bureau Newsbooks took some time to celebrate Evelyn Jacks' bestselling 49th and 50th books with the home crowd in Winnipeg!

Tax mistakes? Brush your team up with the Personal Tax Refresher Workbook for 2012 returns. This 236-page Personal Tax Refresher workbook is a powerful resource, providing you with everything you need to know about what's new for the upcoming tax season and is an invaluable line-by-line guide. Order by Mar. 18 and receive $100 off!

The technical side of payroll, if done incorrectly, can cost the employer or the employee money, and incur penalties with the Canada Revenue Agency. Become a more astute compliance manager to ensure payroll is more than simply accurate.

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Over 700 respondents voted in the Knowledge Bureau Report Poll last month on whether they agreed with CRA’s policy to stop mass mailing paper tax returns, the largest response to a poll to date and also the one that swung the most from one side of an issue to the other.