The CRA says tax returns filed digitally will largely be processed automatically ``without delay"
The agency said all paper returns “will be stockpiled for future processing"
Rate to rise for the fourth consecutive quarter
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
The proposed changes take aim at deductions, credits and other tax strategies
Clients may not know they’re obligated to file, and there is no cap on penalties for late filing if taxes are owed
T4A errors should be reported right away
The union said it would hold strike votes for about 35,000 workers that could affect tax season
Rate to rise for the third consecutive quarter