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The 5 Downsides of Late Filing Your Income Tax Return

The 5 Downsides of Late Filing Your Income Tax Return

by Mason Twitchett | Jul 4, 2018 | Income Tax Penalties & Interest, Late Income Tax Filing

Have you filed your income tax up to date? The due date was April 30th for individuals and June 15th for business owners and professionals. There are downsides to not filing your taxes by the due date, including penalties, missed credit and benefit payments and more....
Canada Revenue Agency Processing Times and Errors

Canada Revenue Agency Processing Times and Errors

by Mason Twitchett | Jun 22, 2018 | Canada Revenue Agency, Income Tax Adjustments, Income Tax Preparation, Taxes

Processing Times Processing times at CRA tax centres started to increase in November 2016 when Revenue Minister, Diane Lebouthillier, announced a major restructuring that was intended to streamline tax return processing and taxpayer-filed adjustments. Unfortunately...

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