Monday February 9th – 1st Day of Tax Filing Season

Monday February 9th – 1st Day of Tax Filing Season

As you may or may not know, Monday February 9th, 2015 is the 1st Day of Tax Filing Season 2014.

Canada Revenue Agency

Here are some other important dates to remember:

1) April 30, 2015: deadline to filing your income tax return

– failing to file your income tax return before/on April 30 could result in GST/HST, Child Tax Benefit payments, and Old Age Security benefits payments being delayed

2) June 15, 2015: deadline for filing your income tax return if you are self-employed 

– however if you have a balance owing you must pay before/on April 30, 2015


CRA update regarding the Heartbleed Bug – Online services restored

Click HERE heartbleedto read full story.

Note: filing of 2013 tax returns has been extended to May 5.

Update on the Heartbleed Bug

All online services have resumed at Canada Revenue Agency (CRA), but unfortunatelyheartbleed

900 social insurance numbers were stolen. Click HERE for the full story.

To ensure communications are secure and cannot be exploited through phishing schemes, CRA will not be calling or emailing individuals to inform them of the breach.

Instead, each affected individual will receive a registered letter informing them of the breach, and will also be provided with credit protection services at no cost.

The tax agency also assures those affected that additional protections will be applied to their CRA accounts.


Community Income Tax Volunteer Program (CITVP)

ImageEach year community organizations and volunteers across Canada help over half a million Canadians file their tax returns. The objective of the Community Volunteer Income Tax Program (CVITP) is to help eligible taxpayers who do not know how to prepare their income tax and benefit returns, and who fit the elibility criteria for income levels and simplicity.

The CVITP is a collaboration between the Canada Revenue Agency (CRA) and community organizations who host tax preparation clinics and arrange for volunteers to prepare the returns.

This free service is available for any who have a low to moderate income, and a simple tax situation. The program serves people who have the following income levels: individuals must make $30,000 or less, with single parents with one child making $35,000 or less. Single parents are also allowed to make an extra $2500 per additional child to qualify for the service. Married or common law couples who make $40,000 or less are also eligible.

The program offered at the Volunteer Clinic is also only for those with relatively straightforward financial situations. For example, people are not eligible if they have income from such sources as Capital Gains, if they are a self-employed, or have a business income. Other examples of those not eligible are landlords, people dealing with bankruptcy, have multiple years or returns, or need a return completed for someone who is deceased.

To have volunteers prepare their returns, participants must bring all relevant information with them, including information for spouses or dependents. The previous year’s return, plus any information usually required to file a return- receipts, information slips from the government or financial institution will help people get their return filed in one visit.

For more information go to

New Canadian guidelines for treating fibromyalgia

A large percentage of our clients suffer from fibromyalgia (FM) and have  approved  Disability Tax Credit (DTC) certificates at Canada ImageRevenue Agency (CRA). FM adversely affects the quality of life, and the societal costs based on medical expenses, lost wages and lost tax revenue. In fact,  many of our clients require expensive monthly injections given by a qualified medical professional to control the pain associated with their FM. So the annual DTC refund     ($1000-$1700) our clients receive from filing their taxes,  helps to pay for this medical cost and many others. Click HERE to read an article entitled “New Canadian guidelines for treating fibromyalgia”.