April 30th is almost upon us, and since the only sure things are death and taxes, it’s essential to get your filed on time. Failing to do so can be expensive in a hurry.
Category Archives: T1
The Federal Budget was delivered last Thursday, March 21, 2013 and continues to hold the course set by the Conservative Government in past years. The recovery of the Canadian economy from the 2008 recession has been one of the strongest to date, but with… Continue reading
Starting February 11, 2013, as part of CRA’s continued electronic filing initiative, those Canadian residents filing their taxes for the first time will be able to use the NETFILE service. Taxpayers will have to record their address using the proper format when preparing their… Continue reading
Starting in 2013, CRA and Revenue Quebec are introducing new changes to the EFILE program.
First introduced in 2011, CRA now requires paper returns to be filed using a new T1 Condensed form. This new form essentially distills the return down to line numbers and corresponding amounts. Instead of going through the hassle and expense of printing dozens of… Continue reading