Canadian Tax Return Deadlines - Stern Cohen

Canadian Tax Return�Deadlines

- Updated in 2018 for 2017 Tax Year -

Don't be late! �Remember, late-filed returns and late payment of taxes and installments are subject to severe interest and penalty charges from the Canada Revenue Agency (CRA).

Here are some important 2018 personal income tax return deadlines for Canadians:

April 30,...

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Related topics : canadian income tax return deadline / deadline tax return 2018 canada / deadline tax return 2018 business / late filing income tax return canada / late income tax return filing penalty

Tax Avoidance - Late Tax FIling | Tax Solutions Canada

Many Canadians fall behind filing tax returns each year for a variety of reasons; people:

Don't think that they will owe

Know they will owe and don't have the funds to pay

Incorrectly believe that if they do not file they will not be found out and will not have to pay

Have lost records and/or receipts and have no idea what they earned and don't have the ability to estimate or prove what their expenses were

Find dealing with their late tax filing so stressful once it has occurred that they think if they avoid it, eventually it will go away by itself

Late tax filing is serious and should never be left...

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Related topics : late filing income tax return canada / late income tax return filing penalty / late income tax return filing / file late tax return / late income tax filing canada

Due Dates for Corporate Returns & Taxes - Dean C Paley ...

Due Dates for Corporate Returns & Taxes

by Dean Paley on August 7, 2012

A�corporation that is resident in Canada, carried on a business in Canada, has a taxable capital gain, or sold taxable Canadian property is required�to file a T2 income tax return even if no tax is payable.

Knowing when the return is due, and more importantly when the tax is payable is important to avoid costly interest...

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Overview of CRA Penalties and Interest for Income Tax and ...

Topics: CRA Penalties and Interest

The Canada Revenue Agency (CRA) has many requirements which all taxpayers (individuals and companies) must abide by.� There are deadlines and due dates for filing income tax and GST/HST returns. There are due dates for payments to the CRA, both for balances owing and for instalments. There is the requirement that all returns must report accurate and complete...

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Related topics : late income tax return filing penalty / late income tax filing penalty / late filing income tax return canada / late income tax return filing / file late tax return

Tax deadline is coming: What are the penalties if you don ...

Canada's tax deadline is quickly approaching, and if you haven't started to think about getting all the necessary paperwork for your tax return together, you're not alone.

Most Canadians typically have until April 30 to file their tax returns. But since that date falls on a Saturday this year, the deadline isn't until the next business day - Monday, May 2.

Canadians who are self-employed have...

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How to File Late Tax Returns in Canada | Pocket Sense

How to File Late Tax Returns in Canada

by Jodee Redmond

; Updated March 15, 2018

No one looks forward to income tax time. If you miss the filing deadline for your Canadian income tax return, you don't need to fret. Even though there are consequences for late filing, ignoring the matter completely is definitely the wrong way to handle this situation.

Income Tax Filing Deadlines in Canada


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What happens if I file my taxes late in Canada ... - LiveCA

With so much going on in life, it's not always easy to file your taxes on time. So what happens if you file your taxes late?

Before we dive into the details, keep in mind that there's a distinct difference between paying your taxes late and filing your taxes late - a difference that may have a profound effect on your bank account.

If you file your taxes on time but don't have the cash to pay the...

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Date: 2018-04-05 20:47:03

Giving up Canadian residence - Tax planning guide GTC


Giving up Canadian residence

In general, if you cease to be a resident of Canada, you'll be deemed to have disposed of and reacquired your capital property at its FMV on that date. You'll be subject to tax on any taxable capital gain resulting from this deemed disposition.

These deemed disposition rules apply to all capital property unless specifically excluded. Such excluded property...

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Website: - Proudly serving widows and widowers across Canada

When a loved one passes away, you will have many tasks to tend to and decisions to make. One of those tasks may be completing the individual's final, or terminal, tax return.

The first step is to inform the Canada Revenue Agency that the person has passed away. You can call the CRA at 1-800-959-8281 or you can file form RC4111. The CRA provides the booklet "Preparing Returns for Deceased Persons"...

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Income tax deadline has passed, but what happens if ... - CBC

Canadian tax evaders are most likely to face financial penalties, but some are sentenced to jail terms.

Mark Gollom · CBC News ·

Posted: Apr 30, 2012 5:52 AM ET | Last Updated: May 1, 2012

Inside the Canada Revenue Agency's website lies a section titled Convictions, where the department unapologetically publicizes cases in which Canadians have been fined or imprisoned for not paying or for...

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Income tax deadline prolonged: Not on monitor to file your revenue tax return by tomorrow? Fear not. Canadians struggling to complete their returns by the top-of-April deadline received a final-minute reprieve because of a Canada Revenue Agency blunder. The CRA has�....

Read full article on CTV News

The Harper Government extends Universal Child...

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Statutory Filing Requirements for Not-for-Profit Organizations

There have been a number of new developments in statutory filing requirements for not-for-profit organizations. We are taking this opportunity to provide a brief update on the mandatory requirements and some of the non-mandatory filing requirements. Statutory requirements are in a constant state of evolution. You should periodically discuss the requirements with your professional advisors to...

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Tax and Revenue Administration - Frequently Asked ...

Tax and Revenue Administration (TRA).

In the Edmonton calling area, call 780-427-3044 to reach TRA.

If you are an Alberta caller outside the Edmonton calling area, call toll-free:  dial 310-0000, then enter 780-427-3044.

If you are located outside Alberta, call 780-427-3044 to reach TRA; long-distance telephone charges will apply.

Back to Top

When am I required to file an Alberta...

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Date: 2018-02-06 00:21:04

Related topics : corporate tax return due date canada / corporation income tax return due date / corporate tax return due date / corporation income tax return canada / corporate tax returns due

Living Out Allowance - KWB Chartered Professional ...

On March 21, 2013 the federal budget was released. Read about the 4 items in the budget that we think are most likely to affect you.

Nov 30 2012

Want some quick insight into what the top topics affecting the US economy are this month? Take a look at our quick snapshot.

Oct 4 2016

Vehicle ownership

We are often asked, "Should I own my vehicle in my company or personally?" The following facts can...

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Vehicle ownership - KWB Chartered Professional Accountants ...

Refunds that CRA will not pay

If you are late filing your corporate tax return by more than three years, any overpayment is considered statute barred under the Canadian Income Tax Act (Section 164(1)). This means that the Canada Revenue Agency (CRA) will not issue the refund to the corporation. In addition, the corporation cannot apply for tax payer relief to

Mar 17 2015

Applying for a Business...

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Website: - Methods of Filing Your Tax Return

Tax Return Filing Methods

Ads keep this website free for you. does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?


Need an accounting, tax or financial advisor? Look in our...

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Date: 2018-03-28 22:21:32

Tax Filing Tips for Freelance Bloggers in the US, UK and ...

Working for yourself is a dream come true for many, but when tax time comes I understand all too well how all the forms, schedules and receipts can become a confusing mass of nonsensical paperwork.

The truth is, when you know what kinds of invoices and financial interactions to keep track of throughout your working year, the process can not only be smooth and simple, but satisfying as well.


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Date: 2018-04-05 20:15:53

How to File US Tax Returns in Canada? - Hutcheson & Co.

How to File US Tax Returns in Canada?

Home » Latest Articles » How to File US Tax Returns in Canada?

Jan 25

In general terms, this is one of the most frequent questions we get from prospective clients. So then, How do you file U.S. tax returns while in Canada?

The first question we need to ask is whether you are actually required to file U.S. tax returns. Generally speaking, U.S. citizens and...

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Managing Your Personal Taxes 2014-15 - Tax payments and ...


Quick Links:

Now that we've given you some good ideas on how to save on your taxes, let's take a look at how you can make the final part of the process as efficient and effective as possible.


Source deductions

Your employment income is subject to withholding at source. This is generally determined without taking into consideration certain deductions and credits that are available...

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Date: 2015-08-28 04:50:38

Deceased taxpayers - Tax planning guide GTC

Deceased taxpayers

Executor's responsibilities

A deceased's legal representative is the person named in the will (executor) or a person appointed to handle the estate if there's no will or executor.

From a tax perspective, the main responsibilities of the legal representative are as follows:

File all tax returns for the deceased.

Make sure all taxes are paid.

Obtain clearance certificate or...

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Filing online? A guide to the latest tax software | CBC News

Almost 80 per cent of tax returns were filed electronically through the Canada Revenue Agency's Netfile or EFile systems. Some tax software packages allow users to file their returns via a smartphone or tablet. (Evan Mitsui/CBC)

Tax season can be tough on all of us, no less so for trees. Last year, just over seven million Canadians filed their taxes the old-fashioned way -- mailing in...

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Bitcoin Investment Taxes | Canadian Tax Information

Bitcoin Taxes

Bitcoin Taxes

**This article is not intended to be construed, viewed, or interpreted as tax advice, and does not represent the views, positions, and analysis of the Author, Author's employer(s) and/or other affiliated entities. Before filing any tax returns, each individual should contact a tax advisor for analysis and tax advice specific to their situation. Any names, amounts,...

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Tax Filing Deadlines in Canada -

Tax Filing Deadlines in Canada

Tax Due Dates By Type of Tax

by L. Kenway BComm CPB

The Bookkeeper's Notes on tax compliance and tax filing deadlines by tax type ...

everything in one place ... for work from home bookkeepers and small business owners doing their own books.

You can scroll down to find what you are looking for or click on one of the QUICK LINKS to go right to the spot.

What You'll...

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Your information to taxes 2015

Reliefs are deducted out of your chargeable income where else rebates are deducted out of your tax payable. This makes an enormous difference. Reliefs principally very best cut back the volume of income which tax is utilized to but rebates in fact scale back the amount of ...

read more on Free Malaysia lately

high 10 reasons...

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Canadian Tax Blog - Canada's Taxes and RRSP Portal

Tax Tip: Top 10 ways to reduce your tax bill

Now available on the Canada Revenue Agency website:

Did you know?

There are a number of ways to reduce the amount of tax you owe and keep more money in your pocket at tax time. The Canada Revenue Agency (CRA) can help you learn more about the various credits and deductions that you may be entitled to and that can save you money when you file your 2011...

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Tax Information for Visitors to the United ... - eduPASS

Who Must File an Income Tax Return

If you are visiting the United States for pleasure and receive no income from U.S. sources, you do not have to file a U.S. income tax return.

If you are a nonresident alien and you work or are engaged in a trade or business in the United States, you must file a U.S. income tax return regardless of the amount of your income or whether your income is exempt from...

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8 Questions About The Principal Residence Tax Rules


Earlier this month Finance Minister Bill Morneau introduced tax changes that will impact every homeowner and taxpayer in Canada. Instead of focusing their efforts on specific buyers, the feds chose to close current tax loopholes that directly apply to real estate earnings. In particular, the newly announced rules will tighten and enforce the requirements necessary for claiming the...

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TurboTax Discounts & Service Codes 2018

TurboTax Discounts & Service Codes 2018

Offers verified on April 3, 2018

Our Most Popular Deal!

Apply Offer

This year's tax deadline is almost here and if you're planning on falling your tax return with TurboTax then you can now save up to an�EXTRA $20 OFF�off on the online versions of TurboTax when picked up directly from Intuit with instant coupon. With the discount applied, that now means...

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Calgary Accountants | A1 Accounting | (587) 333-2741


It is a platform for a first-hand recording of information for small businesses.

They are used to record the sales, purchases, goods returned by customers, and the one returned to suppliers by the business.


To ascertain actual profit: Many small business owners confuse themselves with net profit and gross profit. Your profit is what is accrued to...

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RRIF Withholding Tax - Fiscal Agents - Canadian Money ...

Written by Jamie Golombek

A Companion Advisor article

It’s been over just two years now since the Canada Revenue Agency (CRA) officially changed its administrative policy with respect to the correct methodology to be used to charge withholding tax on registered retirement income fund (RRIF) withdrawals. Yet, some advisors may still be unfamiliar with...

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Selling Your Home? What The New Tax Rules Mean For You ...

Ready to file your tax return? If you're a homeowner, make sure you understand the new rules about reporting the sale of your home.

From determining potential deductions to figuring out how much we should put in our registered retirement savings plans (RRSP) or tax-free savings accounts (TFSA) , tax season already brings up more than its fair share of thorny questions. And recent changes to tax...

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Complete Guide to CRA T1135 Forms - Toronto Tax Lawyer

Foreign Investment Verification, or T1135, is a form that must be filed with Canada Revenue Agency (CRA) by anyone who, at any time during the year, owns foreign property valued more than $100,000 in Canadian currency. Failure to file or incomplete disclosure of foreign property may result in monetary penalties and in certain instances may carry gross negligence charges against the taxpayer.


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Payments That Are Subject to Withholding Tax - IRAS

Nature of Payments That Are Subject to Withholding Tax

The following types of payments attract withholding tax when paid to non-resident companies:

Interest, commission, fee in connection with any loan or indebtedness ;�

Royalty or other payments for the use of or the right to use any movable property;�

Payments for the use of or the right to use scientific, technical, industrial or...

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Paying Taxes Reforms - Doing Business - World Bank Group

Doing Business Reforms


Properly developed, effective taxation systems are crucial for a well-functioning society. In most economies, taxes are the main source of revenue to fund public spending on education, health care, public transport, infrastructure and social programs, among others. Tax policy is one of the most contentious areas of public policy. A large...

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Convention Between Canada and France for the Avoidance of ...

Publications and Reports

Convention Between Canada and France for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes On Income and on Capital


This consolidated version of the Canada-France Income Tax...

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Canada GST (Goods and Services Tax) and HST (Harmonized ...

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canadian GST/HST Information for Businesses

Canadian GST/HST Information for Businesses

2008 GST Information for Businesses

1. What are the new rates of GST and HST?

The rate of the GST and the federal component of the HST will be reduced from 6% to 5%. The...

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Non-resident of Canada: Real Estate Matters


����������� Being considered a non-resident of Canada is not related to whether or not a person is a Canadian citizen. Even a Canadian citizen will usually be treated as a non-resident if living in Canada less than a total of 183 days in the year OR if one has no residence in Canada and customarily lives outside...

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Some forms of earnings income are categorically exempt from chargeability.

. Training Program and Adult Secondary School Income

Training program earnings of both under 18 and adult members of the benefit unit are exempt income, as well as employment or training program earnings of an adult member [Reg s.49(1)5,6].

. Labour Dispute

Where income is reduced by a labour dispute (either a strike or a...

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