As of the writing of this post, these are the current tax filing and payment deadlines: T1 personal tax returns – to be filed by June 1, 2020 except for the self employed, who have until June 15, 2020. Taxes to be paid by September 1, 2020. T2 corporate tax returns – those due after…
Tag: cra
Temporary Wage Subsidy for Employers - New information from CRA
On this page What is the Temporary Wage Subsidy for Employers?Which employers are eligible?How much is the subsidy?How do I calculate the subsidy?How will I receive the subsidy?When can I start reducing remittances?What if subsidies exceed the remittances?Will the subsidy affect deductions from my employees?What if I don’t reduce remittances during the year?What books and…
Just had a client fall for the I-Tune gift card scam today...
I just had a client today that fell for the scammers, and was taken for $2,500. Must be a coincidence, but they said they talked to ‘Jenny’ at my office… DO NOT! DO NOT FALL FOR THIS SCAM! So happens that I have a Jennifer at my office. They however did not talk to her,…
Harper Government solidifies partnership with Canada's Professional Accountants
New CRA-CPA Framework Agreement will strengthen collaboration on priority issues, including red tape reduction, service, and compliance November 26, 2014 – Ottawa, Ontario – Canada Revenue Agency The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, today announced the signing of a first-ever agreement with Canada’s chartered professional accountant community, signaling a…
BEWARE OF THIS SCAM!
There is an email scam going around, pretending to be from CRA, wishing to make an e-Transfer to your account. This is NOT legitimate, and is a phishing scam. DO NOT click on the thing they want you to click on, but phone your local police and forward the email to: abuse@adp.com CANADA REVENUE AGENCY…
CRA update regarding the Heartbleed Bug – Online services restored
The Canada Revenue Agency (CRA) is pleased to report that all of its online systems have been restored to full service as of April 13, 2014. Individuals, businesses and representatives are now able to file returns, make payments, and access all other e-services available through the CRA’s website, including all our secure portals. On April…
The lighter side...
Abe and Esther are flying to Australia for a two-week vacation to celebrate their 50th anniversary. Suddenly, over the public address system, the Captain announces: “Ladies and Gentlemen, I am afraid I have some very bad news. Our engines have ceased functioning and we will attempt an emergency landing. Luckily, I see an uncharted island…