deductions

Tips to Avoid CRA Adjustments

2020-03-10T05:11:25-08:00

Here are some tips from the Canada Revenue Agency’s review programs. Following these tips should help reduce the number of adjustments the CRA needs to make to returns each year. No reply received If you do not provide the information requested within the timeframe indicated on the letter, the CRA will deny or modify

Tips to Avoid CRA Adjustments2020-03-10T05:11:25-08:00

Why Have Your Benefit and Credit Payments Changed?

2020-04-13T07:47:45-08:00

Each summer, following the tax filing season, the Canada Revenue Agency (CRA) uses information from an individual’s income tax and benefit return, along with the return of their spouse or common-law partner, to calculate benefit and credit payments for the upcoming year. Starting in July, eligible benefit and credit recipients

Why Have Your Benefit and Credit Payments Changed?2020-04-13T07:47:45-08:00

Income Tax Being Reviewed? Do Not Worry.

2020-03-16T05:17:18-08:00

An income tax review is easier than you think!  Since Canada's tax system is based on self-assessment, these reviews help confirm that income amounts, deductions, and credits are reported correctly, and can be properly supported. It is OK. If you receive a letter from the Canada Revenue Agency (CRA) telling you that your income tax return

Income Tax Being Reviewed? Do Not Worry.2020-03-16T05:17:18-08:00

What is Commonly Deducted from Your Paycheque?

2020-03-10T05:25:54-08:00

Depending on your employment situation, you may receive payments in addition to your regular pay. Similarly, you may be employed in a special employment situation. Canada Pension Plan (CPP) contributions If you are 18 years old or older, but younger than 65, you are employed in pensionable employment, and you do not receive a CPP

What is Commonly Deducted from Your Paycheque?2020-03-10T05:25:54-08:00

Getting Ready for Your 2017 Income Tax Return

2020-06-03T05:48:28-08:00

As we approach the tax time, here are some answers to questions you may have.  1. Do you need to do your taxes? Doing your taxes is part of your responsibilities as a taxpayer. Doing your taxes means you have to fill out various forms, including the ones in the income tax packages. They

Getting Ready for Your 2017 Income Tax Return2020-06-03T05:48:28-08:00