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FYI… The Carbon Tax Rebate is included in your 2018 Income Tax Return, by filing for your return you will automatically be filing for it as well. The federal government’s plan to offset the cost of its carbon tax for residents of Ontario, New Brunswick, Manitoba and Saskatchewan could be missed by people filing their 2018 taxes without professional help, tax specialists say. The new Climate Action Incentive has been added to the standard tax forms, at line 449, but…

Get Organized ✓ Tax Information Slips ✓ T4 – Employment Income ✓ T4A – RESP Payments, Pension Income, Lump-Sum Payments, Self-Employed Commissions and Annuity Income ✓ RSP/RRSP Contribution Receipt ✓ T3 – Income from a Trust ✓ T5 – Investment Income like Dividends or Interest T5008 – Securities Transactions ✓ T5013 – Income from a Limited Partnership ✓ T2202A – Post-Secondary Tuition and Enrolment Certificate Receipts For: Charitable donations Medical expenses Childcare expenses Annual union or professional dues Any other…

Scammers posing as Canada Revenue Agency (CRA) employees continue to contact Canadians, misleading them into paying false debt. These persistent scammers have created fear among people who now automatically assume that any communication from someone representing the CRA is not genuine. This tax tip will remind Canadians that the CRA does indeed contact taxpayers by phone, email and mail for legitimate reasons. The following tips will help Canadians identify legitimate communications from the CRA. By phone The CRA may verify…

Most Canadians’ income tax and benefit returns are due on April 30, 2019. Self-employed individuals have until June 15, 2019 to file their returns. Since June 15, 2019 falls on a Saturday, the CRA considers your return to be filed on time, if the CRA receives it by or it is postmarked midnight June 17, 2019. However, if you have a balance owing, you must pay it by April 30, 2019. March 1, 2019, is the deadline for contributing to a…