Generated by All in One SEO v4.9.0, this is an llms.txt file, used by LLMs to index the site.Stress-Free Tax Matter Support 905-858-7717 ## Sitemaps - [XML Sitemap](https://3ataxservicespc.ca/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Tax News](https://3ataxservicespc.ca/index.php/blog/) - Section Title Canada Revenue Agency announces maximum pensionable earnings for 2023 November 1, 2022 Small Business Week 2022: the CRA is here year-round to help small businesses with their unique needs October 25, 2022 Support for Canadians affected by Hurricane Fiona October 3, 2022 New benefits and increased credit payments are coming to help make - [Which organizations can issue official donation receipts?](https://3ataxservicespc.ca/index.php/2026/07/14/which-organizations-can-issue-official-donation-receipts/) - Only Canadian registered charities and other qualified donees can issue official donation receipts that allow donors to claim a charitable tax credit (individuals) or deduction (corporations) on their tax return. If you are looking for a registered charity, search the List of charities. You will find the charity’s registration status, contact information, general activities, and - [Canada Groceries and Essentials Benefit payment issuance](https://3ataxservicespc.ca/index.php/2026/06/27/canada-groceries-and-essentials-benefit-payment-issuance/) - The Canada Revenue Agency (CRA) will issue the Canada Groceries and Essentials Benefit, formerly known as the goods and services tax/harmonized sales tax credit, on July 3, 2026. If you do not receive your payment by July 17, you may want to check on its status using your CRA account. The CRA cannot provide any - [Use a strong and unique password for your CRA account](https://3ataxservicespc.ca/index.php/2026/06/14/use-a-strong-and-unique-password-for-your-cra-account/) - It is important that your CRA account has a unique password that you do not use on any other accounts or devices. If one or more of the following apply, it may be time for you to change your password: You use the same password on another website, account or deviceYour password contains personal informationYou - [Canada Groceries and Essentials Benefit](https://3ataxservicespc.ca/index.php/2026/06/02/canada-groceries-and-essentials-benefit/) - In July 2026, the Canada Groceries and Essentials Benefit (CGEB) will replace the GST/HST credit. Under the new program name, payment amounts will be increased, but the eligibility, payment calculation, and structure will be the same as the GST/HST credit. Quarterly payment amounts will increase by 25% for 5 years (from 2026 to 2031) starting - [Don’t miss out on benefits and credits: Why filing your taxes matters](https://3ataxservicespc.ca/index.php/2026/05/25/dont-miss-out-on-benefits-and-credits-why-filing-your-taxes-matters/) - It pays to file your taxes every year!Filing your taxes every year isn’t just about reporting your income — it’s the key to getting (and keeping) the benefits and credits that help you with everyday costs, including the new Canada Groceries and Essentials Benefit (CGEB). If you don’t file your taxes, you might be missing - [Making changes to your tax return? Here’s what’s new and how to save time](https://3ataxservicespc.ca/index.php/2026/05/13/making-changes-to-your-tax-return-heres-whats-new-and-how-to-save-time/) - If you’ve filed your taxes but realized later that you forgot to claim a deduction, report income, or made an error, there’s no need to worry! You can request changes to your tax return without filing a new one. This process helps ensure your tax return is accurate and that you’re paying—or receiving—the correct amounts. - [CRA’s SR&ED Tax Incentive Program launches a new Pre-claim approval process](https://3ataxservicespc.ca/index.php/2026/04/28/cras-sred-tax-incentive-program-launches-a-new-pre-claim-approval-process/) - Is your business engaged in scientific research and experimental development (SR&ED)? The Canada Revenue Agency (CRA) offers tax incentives to help you reduce the income tax you must pay and to support your innovation journey. As of April 1, 2026, eligible businesses can take advantage of the new Pre-claim approval process as they plan their - [Reminder: Simplify your taxes with SimpleFile](https://3ataxservicespc.ca/index.php/2026/04/20/reminder-simplify-your-taxes-with-simplefile/) - Filing your income tax and benefit return is essential, even if you have a lower income, or no income at all. Filing could mean access to important benefit payments, and a refund if you are owed. The benefits of filing– Government payments: you may be eligible for benefits like the Canada Groceries and– Essentials Benefit - [What is the Pre-claim approval process?](https://3ataxservicespc.ca/index.php/2026/04/12/what-is-the-pre-claim-approval-process/) - The Pre-claim approval process is a new optional process that helps eligible small and medium businesses find out if their projects qualify for SR&ED tax incentives before they start work or incur any costs. By submitting a request, businesses can receive a determination from the CRA within eight weeks, making it easier to plan with - [Add or update your email address now to avoid missing important CRA changes](https://3ataxservicespc.ca/index.php/2026/04/05/add-or-update-your-email-address-now-to-avoid-missing-important-cra-changes/) - The CRA now sends most business correspondence online. To make sure you don’t miss important updates: Sign in to your CRA account to access My Business Account Add or update your email addressThis allows the CRA to notify you when new mail is available or when changes are made to your account. Without a current - [Tax filing for deceased persons](https://3ataxservicespc.ca/index.php/2026/03/29/tax-filing-for-deceased-persons/) - If you are the legal representative (executor, administrator or liquidator) for the estate of a person who died in 2025, you may have to file a 2025 return for that person. Send the legal document that names you as the legal representative, such as a complete copy of the will, grant of probate or letters - [CRA drop boxes to permanently close after 2026 tax filing season](https://3ataxservicespc.ca/index.php/2026/03/22/cra-drop-boxes-to-permanently-close-after-2026-tax-filing-season/) - The Canada Revenue Agency (CRA) will permanently close all drop boxes currently available at 45 locations across Canada on May 29, 2026. This change will take place after the 2026 tax filing season to minimize disruption for taxpayers. If you currently use drop boxes to send your tax returns, payments, or other documents, it’s important - [Get free tax help this year through the Community Volunteer Income Tax Program](https://3ataxservicespc.ca/index.php/2026/03/13/get-free-tax-help-this-year-through-the-community-volunteer-income-tax-program/) - Free tax clinicsThrough the Community Volunteer Income Tax Program (CVITP) and the Income Tax Assistance – Volunteer Program (ITAVP) in Quebec, community organizations host free tax clinics where volunteers complete tax returns for people with a modest income and a simple tax situation. Click here to learn more. Information source from Canada Revenue Agency (CRA) - [Sign in to your CRA account](https://3ataxservicespc.ca/index.php/2026/02/27/sign-in-to-your-cra-account/) - Backup multi-factor authentication being introducedWhen signing in to your CRA account, you will be prompted to add a backup multi-factor authentication option if you do not already have one. Users will have the option to skip this step during tax filing season. Sweet (GCKey service) class action:On March 31, 2026, the Federal Court will hold - [Tax season starts on February 23! Here’s what you need to start filing](https://3ataxservicespc.ca/index.php/2026/02/21/tax-season-starts-on-february-23-heres-what-you-need-to-start-filing/) - On February 23, 2026, you will be able to file your 2025 income tax and benefit return online! Last tax-filing season, the Canada Revenue Agency (CRA) received more than 33 million tax returns and 93% were filed online. We’re dedicated to serving Canadians well, helping you file your taxes, and connecting you to benefit and - [Payroll Deductions Online Calculator](https://3ataxservicespc.ca/index.php/2026/02/13/payroll-deductions-online-calculator/) - Use the Payroll Deductions Online Calculator (PDOC) to calculate federal, provincial (except for Quebec), and territorial payroll deductions. It will confirm the deductions you include on your official statement of earnings. You assume the risks associated with using this calculator. The reliability of the calculations produced depends on the accuracy of the information you provide. - [Tax slips at tax time: Auto-fill My Return](https://3ataxservicespc.ca/index.php/2026/02/07/tax-slips-at-tax-time-auto-fill-my-return/) - If you have a CRA Account and use certified tax software, you can use Auto-fill My Return to automatically import the tax information the CRA has on file at the time of the request. Before you use Auto-fill My Return, make sure you received all your slips and they appear in My Account. Otherwise, any - [What you need to know for the 2026 tax-filing season](https://3ataxservicespc.ca/index.php/2026/01/30/what-you-need-to-know-for-the-2026-tax-filing-season/) - The Canada Revenue Agency (CRA) is ready for the 2026 tax season, are you? Our focus is making your tax-filing experience easier, faster, and more straightforward from start to finish. The CRA is prepared to deliver reliable and timely service during tax season. We know your expectations of us are high, as they should be - [Did you experience one of these milestone life events? Learn about impactful tax implications](https://3ataxservicespc.ca/index.php/2026/01/23/did-you-experience-one-of-these-milestone-life-events-learn-about-impactful-tax-implications/) - Life is full of milestones that change your perspective, introduce a new adventure, or bring you a host of new decisions. Certain milestones also affect your taxes, offering you new benefits and credits if you are eligible, and ways to reduce your taxable income. Follow us on Instagram where we’ll be sharing “Filing In Love”, - [Avoid tax season surprises by keeping your CRA account up to date!](https://3ataxservicespc.ca/index.php/2026/01/15/avoid-tax-season-surprises-by-keeping-your-cra-account-up-to-date/) - Keeping your CRA account up to date is one of the simplest ways to prevent delays, avoid disruptions, and make tax season run smoothly. Ensuring your personal information is accurate and that you can access your account when you need it will save you time and frustration. Make sure you can access your CRA accountConfirming - [Calculate your TFSA contribution room](https://3ataxservicespc.ca/index.php/2026/01/09/calculate-your-tfsa-contribution-room/) - 2026 TFSA dollar limitThe TFSA dollar limit for 2026 is $7,000. The dollar limit is added to your contribution room on January 1, 2026. How to calculate your contribution roomCalculate your room before you contributeThe most reliable way to know how much you can contribute to your Tax-free Savings Account (TFSA) is to calculate how - [Business number and CRA program accounts](https://3ataxservicespc.ca/index.php/2026/01/02/business-number-and-cra-program-accounts/) - When you register your business, you get a unique 9-digit business number (BN) that identifies your business. Your BN is used to interact with provincial or territorial, municipal, and other federal programs. You can only have one BN for your business. When you register for a program account, such as GST/HST or payroll, a program - [Registered Retirement Savings Plan (RRSP)](https://3ataxservicespc.ca/index.php/2025/12/28/registered-retirement-savings-plan-rrsp/) - An RRSP is a retirement savings plan that you establish, that the CRA registers, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax. Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the - [Important changes to the 2025 income tax package: What you need to know](https://3ataxservicespc.ca/index.php/2025/12/19/important-changes-to-the-2025-income-tax-package-what-you-need-to-know/) - In 2025, approximately 93% of income tax and benefit returns were filed online. If you typically file on paper, why not enjoy the benefits of online filing? It makes filing simpler and offers many benefits, such as receiving your refund quicker and not having to mail anything to the Canada Revenue Agency (CRA). However, if - [Businesses: Add or update your email address now to avoid missing important CRA messages](https://3ataxservicespc.ca/index.php/2025/12/13/businesses-add-or-update-your-email-address-now-to-avoid-missing-important-cra-messages/) - The Canada Revenue Agency (CRA) now sends most business correspondence online through the My Business Account portal in your CRA account, instead of by paper mail. To make sure you receive notifications when new mail or important changes occur, add or update your email address in your CRA account. Why updating your email address matters?Keeping - [Warning: The CRA has identified aggressive tax schemes involving insurance products](https://3ataxservicespc.ca/index.php/2025/12/05/warning-the-cra-has-identified-aggressive-tax-schemes-involving-insurance-products/) - The Canada Revenue Agency (CRA) is warning Canadians about certain financial arrangements involving critical illness insurance that may be designed to avoid paying taxes. These arrangements often involve complex transactions, like borrowing money and using it to pay for insurance, which can mislead taxpayers and result in serious tax consequences. The CRA has previously issued - [Apply to become a registered charity](https://3ataxservicespc.ca/index.php/2025/11/28/apply-to-become-a-registered-charity-2/) - Applying to become a registered charity is a 4-step process. Within the four steps below, you will find tools to help you decide whether you should apply, and what documents to send in with your application. Services and information1. Make an informed decision about becoming a registered charity2. Set up your organization before applying for - [Give to a registered charity or another type of qualified donee](https://3ataxservicespc.ca/index.php/2025/11/21/give-to-a-registered-charity-or-another-type-of-qualified-donee/) - Give to a registered charity or another type of qualified doneeWhen you donate to a registered charity or another type of qualified donee, you are supporting the charitable sector, as well as communities in Canada or abroad. You may also be able to receive an official donation receipt for your gift. What to know before - [Self-employment income](https://3ataxservicespc.ca/index.php/2025/11/15/self-employment-income/) - You may have self-employment income from a business, a profession, commission, farming or fishing. Business income includes income from any activity that you carry out for profit or with reasonable expectation of profit. A business includes any of the following:– a profession– a calling– a trade– a manufacture– an undertaking of any kind– an adventure - [Canada workers benefit (CWB)](https://3ataxservicespc.ca/index.php/2025/11/07/canada-workers-benefit-cwb/) - The Canada Workers Benefit (CWB) is a refundable tax credit to help individuals and families who are working and earning a low income. The CWB has two parts: a basic amount and a disability supplement.You can claim the CWB when you file your income tax return. For those who are entitled to the CWB on - [T2125 Statement of Business or Professional Activities](https://3ataxservicespc.ca/index.php/2025/10/26/t2125-statement-of-business-or-professional-activities/) - Use the t2125 form to report either business or professional income and expenses. This form combines the two previous forms, T2124, Statement of Business Activities, and T2032, Statement of Professional Activities. Click here to learn more and download the form. Information source from Canada Revenue Agency (CRA) Learn more - [Payments the CRA sends you - Direct deposit](https://3ataxservicespc.ca/index.php/2025/10/30/payments-the-cra-sends-you-direct-deposit/) - With direct deposit, you receive your tax refunds and benefit payments faster and securely, directly in your account at a Canadian bank or credit union. In the event of an emergency or unforeseen circumstance, using direct deposit will ensure you continue to get your payments on time. Click here to learn more. Information source from - [Make changes to your GST/HST account](https://3ataxservicespc.ca/index.php/2025/10/16/make-changes-to-your-gst-hst-account/) - You must update your information with the Canada Revenue Agency (CRA) if you make changes to your business information or GST/HST account options. Update your account informationDepending on the type of change, you may be able to update the information in to your CRA account or you may have to contact the CRA. – Address - [How to file special elections and returns](https://3ataxservicespc.ca/index.php/2025/10/09/how-to-file-special-elections-and-returns/) - All special elections and returns can be filed on paper or electronically. To file electronically, you or your authorized representative can use “Submit documents” on a CRA online account. Certain special elections can be filed electronically through an authorized third-party service provider using CRA certified software. Click here to learn more Information source from Canada - [Canada training credit](https://3ataxservicespc.ca/index.php/2025/10/02/canada-training-credit/) - The Canada training credit (CTC) is a refundable tax credit available to help Canadians with the cost of eligible training fees. You can claim the CTC for tuition and other fees paid for courses that you took in the year. Who can claimTo be eligible for the CTC, you must meet all 6 of the - [Sign up for the Clean Economy Electronic Mailing List](https://3ataxservicespc.ca/index.php/2025/09/25/sign-up-for-the-clean-economy-electronic-mailing-list/) - The Clean Economy electronic mailing list has officially launched — it’s your source for timely updates on clean economy tax credits, labour requirements, policy changes, and related guidance. Why subscribe?By joining the list, you’ll receive:1) Updates on Clean Economy Investment Tax Credits2) Information on labour requirements3) News on program developments, tools, and resources4) Invitations to - [Online mail for business](https://3ataxservicespc.ca/index.php/2025/09/19/online-mail-for-business/) - Starting in May 2025, the CRA transitioned to online mail as the default method of delivering most business correspondence. Businesses now receive most business notices and other correspondence through CRA’s secure online portal, My Business Account, instead of by paper mail. May 12, 2025: New business and program account registrations were transitioned to online mail.June - [First-time home buyers' GST/HST rebate](https://3ataxservicespc.ca/index.php/2025/09/11/first-time-home-buyers-gst-hst-rebate/) - On June 5, 2025, proposed legislation was introduced in the House of Commons to amend the Excise Tax Act to include a new GST/HST rebate for first-time home buyers (the “FTHB GST/HST rebate”). The information below is based on this proposed legislation which is currently subject to parliamentary approval and may change. The CRA is - [Find another type of qualified donee](https://3ataxservicespc.ca/index.php/2025/09/02/find-another-type-of-qualified-donee/) - Only Canadian registered charities and other qualified donees can issue official donation receipts that allow donors to claim a charitable tax credit (individuals) or deduction (corporations) on their tax return. However, they are not obligated to do so. Make sure to ask the organization if there are any circumstances where they won’t provide a receipt. - [Apply to become a registered charity](https://3ataxservicespc.ca/index.php/2025/08/23/apply-to-become-a-registered-charity/) - Applying to become a registered charity is a 4-step process. Within the four steps below, you will find tools to help you decide whether you should apply, and what documents to send in with your application. Services and information1. Make an informed decision about becoming a registered charity2 Set up your organization before applying for - [The Tax-Free Savings Account (TFSA)](https://3ataxservicespc.ca/index.php/2025/08/14/the-tax-free-savings-account-tfsa/) - What is a TFSAThe TFSA program began in 2009. It is a way for individuals who are 18 and older and who have a valid social insurance number (SIN) to set money aside tax-free throughout their lifetime. Contributions to a TFSA are not deductible for income tax purposes. Any amount contributed as well as any - [Tax season may be over, but protecting your information is a year-round priority](https://3ataxservicespc.ca/index.php/2025/08/06/tax-season-may-be-over-but-protecting-your-information-is-a-year-round-priority/) - Tax-filing season may be over, but protecting Canadians’ information remains a year round priority. The Canada Revenue Agency (CRA) continuously works to monitor and detect fraud throughout the year, including attempts to bypass our systems to access taxpayer accounts, and file fraudulent tax returns and benefit claims. The CRA is consistently a prime target for - [Tax Free Savings Account – Watch your limit and stay within it!](https://3ataxservicespc.ca/index.php/2025/07/30/tax-free-savings-account-watch-your-limit-and-stay-within-it/) - Canadians have been contributing to tax-free savings accounts (TFSA) since 2009, enjoying tax-free investment growth. Did you know that it’s possible to overcontribute and be subject to tax? Excess contributions can occur, for example, when your TFSA is set up for pre-authorized contributions and you make additional contributions without verifying the amount of room you - [Make the most of your first home savings account](https://3ataxservicespc.ca/index.php/2025/07/23/make-the-most-of-your-first-home-savings-account/) - A First Home Savings Account (FHSA) lets you save for a qualifying home with tax-free growth and tax-deductible contributions, making it a great option for potential first-time home buyers. But, it’s important to make sure you don’t put too much into your FHSA. If you do, part of the tax-free growth you’re generating could end - [Payments to the CRA](https://3ataxservicespc.ca/index.php/2025/07/15/payments-to-the-cra/) - The CRA accepts many payment methods. Find out which way to pay works best for you. To see what options are available for a specific payment you are making, answer a few questions at CRA website below to identify the best payment options for your situation. Click here to visit CRA website regarding the best - [When to register for and start charging the GST/HST](https://3ataxservicespc.ca/index.php/2025/07/10/when-to-register-for-and-start-charging-the-gst-hst/) - Effective June 17, 2024, individuals with a SIN that starts with the number 9 can now use the Business Registration Online service to register and instantly obtain a business number and a GST/HST account. Find out if you have to register for a GST/HST accountYou generally cannot register for a GST/HST account if you provide - [Do you need to change your tax return? Skip the paper request - do it online!](https://3ataxservicespc.ca/index.php/2025/07/01/do-you-need-to-change-your-tax-return-skip-the-paper-request-do-it-online/) - When it comes to filing an income tax and benefit return, most individuals choose to file online because it’s fast, easy, and secure. This tax season, more than 95% of all tax returns were filed online! When filers need to change their tax returns after filing, most still choose to submit a request by paper, - [Reminder - Do you have T1 returns that need to be retransmitted?](https://3ataxservicespc.ca/index.php/2025/06/24/reminder-do-you-have-t1-returns-that-need-to-be-retransmitted/) - Did you know that you can log in to our secure EFILE web service whenever it’s convenient for you? It’s easy!1) Sign in to the secure site with your EFILE number and password.2) Click on the “View T1 EFILE Service Transmission History” link to display your rejected transmissions in reverse chronological order.3) Click on the - [Self-employed? Get ready for tax season with these helpful tips from the CRA](https://3ataxservicespc.ca/index.php/2025/06/16/self-employed-get-ready-for-tax-season-with-these-helpful-tips-from-the-cra/) - If you’re self-employed, tax season can feel overwhelming, but the Canada Revenue Agency (CRA) is here to help you! Whether you’re a sole proprietor, freelancer, or running a small business, understanding your tax obligations is key to staying on track. Here’s what you need to know: Filing and payment deadlines for self-employed individualsIf you are - [New to Canada? Apply for benefit and credit payments using new online form](https://3ataxservicespc.ca/index.php/2025/06/10/new-to-canada-apply-for-benefit-and-credit-payments-using-new-online-form/) - The Canada Revenue Agency (CRA) is making it easier for newcomers arriving in Canada to apply for benefit and credit payments. Newcomers can now apply online, without mailing in the forms. It’s a quick and convenient way to apply. Choosing the right form for youApply for benefit and credit payments, including any related provincial and - [Discover the Canada Revenue Agency's options to help you settle your tax debt](https://3ataxservicespc.ca/index.php/2025/06/02/discover-the-canada-revenue-agencys-options-to-help-you-settle-your-tax-debt/) - Did you receive a letter from the Canada Revenue Agency (CRA) telling you that you owe money? CRA understands this can feel stressful, but they can work with you to resolve your debt. Let CRA help youIt’s important that you read all correspondence you receive from the CRA. The information and directions in the letter - [Who are newcomers according to the CRA?](https://3ataxservicespc.ca/index.php/2025/05/27/who-are-newcomers-according-to-the-cra/) - The Canada Revenue Agency (CRA) considers you a newcomer to Canada for the first year you are a resident of Canada for income tax purposes. Newcomers to Canada can apply to get benefit and credit payments, including any related provincial and territorial payments, even before they do their taxes for the first time. These payments - [The tax-filing deadline has passed, but you can still file your 2024 income tax and benefit return](https://3ataxservicespc.ca/index.php/2025/05/20/the-tax-filing-deadline-has-passed-but-you-can-still-file-your-2024-income-tax-and-benefit-return/) - The Canada Revenue Agency (CRA) understands that life can move fast, and tasks like filing your income tax and benefit return can slip through the cracks. The deadline to file a 2024 tax return was April 30, 2025, but you can still file if you haven’t yet. You may not want to file because you - [Businesses, are you ready for your CRA mail to go online?](https://3ataxservicespc.ca/index.php/2025/05/12/businesses-are-you-ready-for-your-cra-mail-to-go-online/) - Starting May 12, 2025, the Canada Revenue Agency (CRA) will transition to online mail as the default method of delivering most business correspondence. This means you’ll start receiving most of your business notices and other correspondence through CRA’s secure online portal, My Business Account, instead of by mail. This change applies to:– All new business - [Child disability benefit (CDB)](https://3ataxservicespc.ca/index.php/2025/05/05/child-disability-benefit-cdb/) - The child disability benefit (CDB) is a tax-free monthly payment made to families who care for a child under age 18 with a severe and prolonged impairment in physical or mental functions. To get the CDB:You must be eligible for the Canada child benefit (CCB)Your child must be eligible for the disability tax credit (DTC) - [Ontario sales tax credit (OSTC)](https://3ataxservicespc.ca/index.php/2025/04/28/ontario-sales-tax-credit-ostc/) - For payments based on your 2024 income tax and benefit return (July 2025 to June 2026), the program provides a maximum annual credit of $371 for each adult and each child in a family. If you are a single individual with no children, the credit will be reduced by 4% of your adjusted net income - [Ontario energy and property tax credit (OEPTC)](https://3ataxservicespc.ca/index.php/2025/04/21/ontario-energy-and-property-tax-credit-oeptc/) - The Ontario energy and property tax credit (OEPTC) is designed to help low- to moderate-income Ontario residents with the sales tax on energy and with property taxes. You apply for the current-year OEPTC on your prior-year income tax and benefit return. For example, you would apply for the 2025 OEPTC on your 2024 income tax - [Reminder - Disability Tax Credit](https://3ataxservicespc.ca/index.php/2025/04/14/reminder-disability-tax-credit/) - Before including the disability amount on an individual’s T1 income tax and benefit return, please ask your client if they have applied for the disability tax credit (DTC) before. Your client can give you the notice of determination that was sent to them. This notice will indicate if the Canada Revenue Agency (CRA) has determined - [Reminder - Phishing Scam](https://3ataxservicespc.ca/index.php/2025/04/09/reminder-phishing-scam/) - The Canada Revenue Agency (CRA) has become aware of a new phishing scam targeting the tax preparation community, where bad actors are prompting EFILERs to log into a fake EFILE Sign in page to “activate” their account. Note that the CRA will never send you a link asking you to provide financial or personal information. - [Direct deposit changes impacting EFILERS and taxpayers](https://3ataxservicespc.ca/index.php/2025/03/31/direct-deposit-changes-impacting-efilers-and-taxpayers/) - The confidence and trust that individuals and businesses have in the CRA is a cornerstone of Canada’s tax system. The CRA regularly adjusts and improves its systems and processes to safeguard sensitive information against ever evolving threats to its digital services. To support our ongoing efforts to enhance the security of taxpayer accounts, and given - [Go digital and file your taxes online!](https://3ataxservicespc.ca/index.php/2025/03/23/go-digital-and-file-your-taxes-online/) - It’s never been easier to do your taxes online. In fact, online filing gets you access to the benefits, credits, and refunds you may be eligible for even faster! Last year, approximately 93% of Canadians filed their income tax and benefit returns online either themselves or through a tax preparer. There are benefits to filing - [Don't miss out on free tax help – you may be eligible!](https://3ataxservicespc.ca/index.php/2025/03/16/dont-miss-out-on-free-tax-help-you-may-be-eligible/) - Doing your taxes each year can feel like a big job, but you don’t have to do it alone! If you have a modest income and a simple tax situation, you might be able to get help from a volunteer at a free tax clinic. A modest income is less than $35,000 for a single - [Reminder: Trust reporting for the 2024 tax year](https://3ataxservicespc.ca/index.php/2025/03/10/reminder-trust-reporting-for-the-2024-tax-year/) - For the 2024 tax year, the Canada Revenue Agency (CRA) will continue to administer the enhanced trust reporting rules as enacted for tax years ending on or after December 31, 2023. Affected trusts are required to file a T3 Income Tax and Information Return (T3 return), including Schedule 15 (Beneficial Ownership Information of a Trust), - [Watch your limit when contributing to your Tax-Free Savings Account (TFSA)!](https://3ataxservicespc.ca/index.php/2025/03/03/watch-your-limit-when-contributing-to-your-tax-free-savings-account-tfsa-2/) - Are you saving for a car or a dream vacation? A TFSA is a great way to save tax-free. The TFSA is a way for individuals who are 18 and older and have a valid social insurance number (SIN) to save money and withdraw it tax-free throughout their lifetime. Whether you already have a TFSA - [Tax season starts on February 24! Here's what you need to start filing](https://3ataxservicespc.ca/index.php/2025/02/24/tax-season-starts-on-february-24-heres-what-you-need-to-start-filing/) - Tax season starts next week! When the calendar flips to February 24, 2025, you will be able to file your income tax and benefit return online. With the right preparation, filing your tax return can be a smooth and stress-free experience. The Canada Revenue Agency (CRA) is here to help you file with confidence. When - [Tax filing highlights for First Nations, Inuit, and Métis](https://3ataxservicespc.ca/index.php/2025/01/20/tax-filing-highlights-for-first-nations-inuit-and-metis/) - Tax season is almost here, and you may be wondering if you should file a tax return. Regardless of the amount you make or where your income comes from, doing your taxes every year can help improve your financial situation. Get your paymentsWhether your income is tax-exempt, or you have no income to report, it - [Clarifying the CRA's approach in administering the proposed tax measure to extend the 2024 charitable donations deadline](https://3ataxservicespc.ca/index.php/2025/01/27/clarifying-the-cras-approach-in-administering-the-proposed-tax-measure-to-extend-the-2024-charitable-donations-deadline/) - The Canada Revenue Agency (CRA) is working to ensure that you get the information you need about the taxes and benefits that apply to you. On December 30, 2024, the Department of Finance announced the federal government’s intention to amend the Income Tax Act to extend the deadline for making charitable donations eligible for tax - [Update on the Canada Revenue Agency's administration of the proposed capital gains taxation changes](https://3ataxservicespc.ca/index.php/2025/02/03/update-on-the-canada-revenue-agencys-administration-of-the-proposed-capital-gains-taxation-changes/) - The Department of Finance announced today that it will introduce legislation in Parliament in due course, related to the capital gains inclusion rate change with a new effective date of January 1, 2026. The announcement confirms the government’s intention that, effective for dispositions that occur on or after January 1, 2026. The inclusion rate will - [SimpleFile: Let us help you with your taxes](https://3ataxservicespc.ca/index.php/2025/02/10/simplefile-let-us-help-you-with-your-taxes/) - You may be one of 2 million Canadians invited to use SimpleFile to automatically file your income tax and benefit return with the Canada Revenue Agency (CRA) for free this tax season! The CRA is inviting individuals to use the SimpleFile by Phone service again this year. You may also be invited to try out - [What you need to know for the 2025 tax-filing season](https://3ataxservicespc.ca/index.php/2025/02/17/what-you-need-to-know-for-the-2025-tax-filing-season/) - Tax season is almost here! Whether you’re a seasoned filer or it’s your first time, having the essential information can save you time and stress. It could even put more money in your pocket. We want you to receive any refunds and benefit and credit payments you may be eligible for. During the last tax-filing - [Here are the keys to unlocking housing-related tax savings!](https://3ataxservicespc.ca/index.php/2025/01/12/here-are-the-keys-to-unlocking-housing-related-tax-savings/) - Whether you’re a homeowner, are saving for your first home, or just bought your first home, there are tax incentives you should know about. These incentives could help you reduce housing costs and maximize your savings. The Canada Revenue Agency (CRA) is here to make sure you have the information you need to take advantage - [Registered Education Savings Plan (RESP) helps you save more for your children’s future](https://3ataxservicespc.ca/index.php/2024/12/02/registered-education-savings-plan-resp-helps-you-save-more-for-your-childrens-future/) - Are you a parent who is thinking of how to save for your child’s post-secondary education? The RESP is a long-term savings plan to help people save for a child’s education after high school, including trade schools, CEGEPs, colleges, universities, and apprenticeship programs. The best part is that anyone can open an account for a - [The CRA offers a variety of federal tax credits that can help your business save money](https://3ataxservicespc.ca/index.php/2024/12/09/the-cra-offers-a-variety-of-federal-tax-credits-that-can-help-your-business-save-money/) - The Canada Revenue Agency provides a range of federal tax credits aimed at helping your business save money. By claiming these tax credits, you can lower your taxable income or lower the amount of tax you owe. To help you find which credits you may be eligible for, CRA have put together this handy resource. - [New to Canada? Take steps to boost your tax literacy](https://3ataxservicespc.ca/index.php/2024/12/15/new-to-canada-take-steps-to-boost-your-tax-literacy/) - Canada Revenue Agency New to Canada? Take steps to boost your tax literacy In Canada, November is Financial Literacy Month — a month dedicated to helping people learn more about managing their personal finances. The Canada Revenue Agency (CRA) is part of this effort and we believe that everyone deserves to feel empowered by understanding - [Learning about taxes can improve your personal finances](https://3ataxservicespc.ca/index.php/2024/12/22/learning-about-taxes-can-improve-your-personal-finances/) - Tax literacy means knowing how to make informed tax decisions with confidence. We are dedicated to boosting tax knowledge by helping you understand your tax responsibilities as well as the benefit and credit payments available to you. Click here to learn more Information source from Canada Revenue Agency (CRA) Learn more Section Title Learning about - [Canada Carbon Rebate for Small Businesses: Payment Rates and Online Estimator](https://3ataxservicespc.ca/index.php/2024/12/29/canada-carbon-rebate-for-small-businesses-payment-rates-and-online-estimator-2/) - The CRA has published the payment rates for the Canada Carbon Rebate for Small Businesses. These rates will help businesses understand the financial benefits they can expect from this program. We are also introducing a new online tool that allows businesses to estimate their rebate amount based on their specific circumstances. The CRA plans to - [Planning to file your tax return on paper? Here’s what you need to know!](https://3ataxservicespc.ca/index.php/2025/01/06/planning-to-file-your-tax-return-on-paper-heres-what-you-need-to-know/) - The CRA will mail the 2024 income tax package to approximately 500,000 individuals this tax season. The package will be mailed to certain vulnerable individuals who filed their 2023 tax return on paper. It should arrive by February 24, 2025. The income tax package contains information and forms paper filers need to file their return. - [TFSA - Saving just got a whole lot easier!](https://3ataxservicespc.ca/index.php/2024/11/25/tfsa-saving-just-got-a-whole-lot-easier/) - The Tax-Free Savings Account (TFSA) program began in 2009. It is a way for individuals who are 18 and older and who have a valid social insurance number (SIN) to set money aside tax-free throughout their lifetime. Contributions to a TFSA are not deductible for income tax purposes. Any amount contributed as well as any - [The Canada Revenue Agency (CRA) has zero tolerance for fraud](https://3ataxservicespc.ca/index.php/2024/11/18/the-canada-revenue-agency-cra-has-zero-tolerance-for-fraud/) - Whether it be a threat from external bad actors, or taxpayers willfully submitting fraudulent returns, the CRA is standing on guard. Protecting taxpayer accountsIn today’s increasingly digital world, safeguarding sensitive information against constantly evolving threats is critical for every organization, including the CRA. The protection of taxpayer information remains one of our highest priorities. Recognizing - [Every dollar counts when saving for a home](https://3ataxservicespc.ca/index.php/2024/11/10/every-dollar-counts-when-saving-for-a-home/) - Times are tough and despite the government’s efforts to support individuals with housing costs, the cost of living and homeownership continue to rise. Addressing affordability is essential to ensure all Canadians have access to safe and affordable housing options. Maybe one of these could help you! The First Home Savings Account gives prospective first-time home - [Trust reporting for the 2024 tax year – Bare trusts not required to file the T3 Return and Schedule 15](https://3ataxservicespc.ca/index.php/2024/10/31/trust-reporting-for-the-2024-tax-year-bare-trusts-not-required-to-file-the-t3-return-and-schedule-15/) - The Canada Revenue Agency (CRA) will not require bare trusts to file a T3 Income Tax and Information Return (T3 return), including Schedule 15 (Beneficial Ownership Information of a Trust) for the 2024 tax year, unless the CRA makes a direct request for these filings. This is a continuation of the exemption from the trust - [It's Small Business Week 2024 – explore the CRA's tools to support Canada's entrepreneurs](https://3ataxservicespc.ca/index.php/2024/10/23/its-small-business-week-2024-explore-the-cras-tools-to-support-canadas-entrepreneurs/) - This Small Business Week, the Canada Revenue Agency (CRA) is celebrating the dedication and impact of small business owners— the heart of our communities. The CRA is here to make tax filing easier, so you can spend more time growing your business. Check out CRA services and resources to help you file faster and get - [Did you know that there are digital services that can make it faster and easier for you to meet the tax obligations for your business?](https://3ataxservicespc.ca/index.php/2024/10/19/did-you-know-that-there-are-digital-services-that-can-make-it-faster-and-easier-for-you-to-meet-the-tax-obligations-for-your-business/) - Charlie is a chatbot available on the Canada.ca/CRA webpage, designed to assist with questions related to business and tax matters. Between January and June 2024, Charlie handled over 1.1 million questions in English and 160,000 in French. As Small Business Week 2024 approaches, Charlie is here to provide valuable information about business taxes, drawing on - [Important Dates for Tax Year 2022](https://3ataxservicespc.ca/index.php/2022/02/16/elementor-659/) - Important Dates - [Social Media Influencer Tax Obligation](https://3ataxservicespc.ca/index.php/2022/03/02/elementor-708/) - Tax information you need to know if you are a Social Media Influencer If you are generating revenue from social media platforms, such as YouTube, Instagram, Twitch, Facebook, Twitter, or a blog to make posts and build up followers of their content. Please ensure you understand your tax obligation. The Canada Revenue Agency has the - [Are you a peer-to-peer seller? Here’s what you need to know about your tax obligation](https://3ataxservicespc.ca/index.php/2022/03/16/elementor-813/) - What is a peer-to-peer sale? A peer-to-peer (P2P) transaction involves the selling of goods from one person or party directly to another. You may be taking part in P2P selling if you are connecting with buyers through digital platforms like websites, online marketplaces or mobile applications (such as Etsy, eBay or Amazon). Learn more - [Eight things to remember before you file your 2021 income tax and benefit return](https://3ataxservicespc.ca/index.php/2022/03/18/elementor-822/) - Getting ready to file your income tax and benefit return? We have a few tips that could help you prepare, save time and ensure you receive all the benefits and credits that you are entitled to:1. File your return on time2. File your return online3. Claim all your benefits, credits, and deductions4. Enter all your - [It’s tax time! You’ve got questions? We’ve got answers.](https://3ataxservicespc.ca/index.php/2022/03/23/elementor-852/) - To help you, we got answers to the top questions we’re asked at tax time. Here are some of the topics covered.– When is the tax filing deadline?– When is the payment deadline?– How can you get a copy of your notice of assessment or reassessment?– What is your balance owing or where is your - [Tax effects of buying real estate to sell for a profit](https://3ataxservicespc.ca/index.php/2022/03/25/elementor-907/) - This article will tell you about tax effects of buying real estate and selling for profit, here are some things covered in the CRA article– How to report real estate sales– What if you do not report correctly– Correcting your tax affairsClick button below to learn more Click here - [Businesses: Protect yourself from scams and fraud — know what to expect from the CRA](https://3ataxservicespc.ca/index.php/2022/04/22/businesses-protect-yourself-from-scams-and-fraud-know-what-to-expect-from-the-cra/) - There are a variety of scams in Canada – with new ones invented daily. To identify legitimate communications from the Canada Revenue Agency (CRA) and protect yourself from scammers, be aware and know what to expect when the CRA contacts you.Click the button below to view the CRA article and learn more! Learn More - [Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations](https://3ataxservicespc.ca/index.php/2022/04/22/are-you-self-employed-the-canada-revenue-agency-can-help-you-understand-your-tax-obligations/) - If you’re self-employed, we understand that navigating your tax obligations may seem complicated. But don’t worry! The Canada Revenue Agency (CRA) is focused on supporting you. To get ready for tax-filing season, we’ve put together helpful tips and information for self-employed individuals.If you want to learn more, feel free to click the button below to - [File your return by the deadline: Last-minute tax-filing tips to help you](https://3ataxservicespc.ca/index.php/2022/05/04/elementor-993/) - Are you a last-minute filer? If you are, you are not alone. Click the “learn more” button below to check out the information on the CRA website to streamline your tax-filing experience. Learn More - [Before you call: Find the answers you need for the 2022 tax-filing season](https://3ataxservicespc.ca/index.php/2022/05/05/elementor-1028/) - Every tax season, thousands of people call us each week. They are looking for answers to their questions, trying to find information and wanting to solve any problems they have in doing their taxes.We get it! We’re here to help you, and we want to offer you the best service possible, whether online or over - [Businesses: Looking for ways to better understand and meet your tax obligations? The CRA is here to help!](https://3ataxservicespc.ca/index.php/2022/05/05/elementor-1039/) - The Canada Revenue Agency (CRA) is committed to helping small and medium businesses by ensuring they have the information and guidance they need to stay organized and to better understand and meet their tax obligations. Click the learn more button below to view the CRA article! Learn More - [Have you received a letter related to COVID-19 benefits? Don’t worry, CRA is here to help!](https://3ataxservicespc.ca/index.php/2022/05/11/elementor-1115/) - The Canada Revenue Agency (CRA) is standing by to assist Canadians who may have received correspondence indicating that they will now have to repay some or all of the COVID-19 individual benefits that they received during the pandemic. Click the “Learn More” button below to read the CRA article. Learn More - [Updated Income Tax Folio: S3-F10-C1, Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs, and TFSAs](https://3ataxservicespc.ca/index.php/2022/05/12/elementor-1147/) - Click the “Learn More” button below to view the updated income tax folio on qualified investments. Learn More - [Updated Income Tax Folio: S3-F10-C3, Advantages – RRSPs, RESPs, RRIFs, RDSPs, and TFSAs](https://3ataxservicespc.ca/index.php/2022/05/12/elementor-1162/) - Click the “Learn More” button below to view the updated income tax folio on Advantages. Learn More - [Updated Income Tax Folio: S4-F14-C1, Artists and Writers](https://3ataxservicespc.ca/index.php/2022/05/12/updated-income-tax-folio-s4-f14-c1-artists-and-writers/) - Click the “Learn More” button below to view the updated income tax folio on artists and writers. Learn More - [June 15, 2022, is the deadline for self-employed individuals to file their 2021 income tax and benefit return](https://3ataxservicespc.ca/index.php/2022/06/06/elementor-1301/) - The Canada Revenue Agency (CRA) is here to support you and your business in meeting your tax obligations. If you are a self-employed individual, or if your spouse or common-law partner is self-employed, you have until June 15, 2022, to file your 2021 income tax and benefit return. Want to learn more about filing taxes as - [Feel like you’re missing out on something? It could be your benefits and credits or your tax refund!](https://3ataxservicespc.ca/index.php/2022/06/14/elementor-1310/) - Did you know that some Canadians are entitled to benefits and credits but they don’t know that they are? You may be leaving money on the table by not filing your income tax and benefit return. The Canada Revenue Agency (CRA) wants you to receive the benefits and credits you’re entitled to. We use the - [Running a business is difficult; understanding your tax obligations doesn’t need to be.](https://3ataxservicespc.ca/index.php/2022/06/14/elementor-1318/) - June 15, 2022, is the deadline for self-employed individuals to file their 2021 income tax and benefit return. The Canada Revenue Agency (CRA) wants to remind businesses that we are here to support you and your business in meeting your tax obligations. Want to know more about how the CRA wants to help? Click the - [Do you have questions about filing as a business for the first time? The CRA is here to help.](https://3ataxservicespc.ca/index.php/2022/07/21/do-you-have-questions-about-filing-as-a-business-for-the-first-time-the-cra-is-here-to-help/) - The Canada Revenue Agency (CRA) knows that it can be intimidating for new businesses to file their first tax return. That’s why we aim to help small businesses by ensuring they have the information and guidance they need to stay organized and to understand and meet their tax obligations. Here’s what you need to know - [We Are Hiring!](https://3ataxservicespc.ca/index.php/2022/07/26/we-are-hiring/) - We are hiring! Please click the button below to view job posting and apply if interested!!! Job Posting - [You’ve got questions and we’ve got answers! Here are answers to five of the top business tax information questions.](https://3ataxservicespc.ca/index.php/2022/08/10/elementor-1506/) - CRA has taken their time to answer 5 of the top most asked business tax information questions to help out many business owners. Click the “Learn More” button below to read the CRA article. Learn More - [How to find help if you can’t pay your taxes](https://3ataxservicespc.ca/index.php/2022/08/16/how-to-find-help-if-you-cant-pay-your-taxes/) - If you’re struggling to pay your tax debt, we understand and are here to help regardless of your tax situation. If you ignore your tax debt, it will grow with interest charges and penalties. Instead, let’s work together to figure out what your options are based on your financial situation. Please note that penalties only - [New benefits and increased credit payments are coming to help make life more affordable](https://3ataxservicespc.ca/index.php/2022/09/26/new-benefits-and-increased-credit-payments-are-coming-to-help-make-life-more-affordable/) - The Government of Canada has proposed new financial support measures to make life more affordable for Canadians. The proposed Canada Dental Benefit would provide financial support for children under 12 years old if they receive dental care for which the parent has out of pocket costs and does not have access to a private dental insurance plan. - [Support for Canadians affected by Hurricane Fiona](https://3ataxservicespc.ca/index.php/2022/10/03/support-for-canadians-affected-by-hurricane-fiona/) - On September 24 and 25, 2022, Hurricane Fiona swept through Atlantic Canada and part of Quebec, causing heavy rain and high winds. Impacts included flooding, road washouts, downed trees, utility outages, and damage to coastal infrastructure. This widespread damage is having a devastating impact on many businesses and Canadians residing in these areas. The Canada Revenue Agency (CRA) - [Small Business Week 2022: the CRA is here year-round to help small businesses with their unique needs](https://3ataxservicespc.ca/index.php/2022/10/25/small-business-week-2022-the-cra-is-here-year-round-to-help-small-businesses-with-their-unique-needs/) - During Small Business Week 2022, the Canada Revenue Agency (CRA) is celebrating small businesses and recognizing their contributions to the growth of our economy. The Agency is working hard, every day, to improve its services. They know that businesses are still facing continuing challenges since the onset of the pandemic. CRA is here to help. To - [Canada Revenue Agency announces maximum pensionable earnings for 2023](https://3ataxservicespc.ca/index.php/2022/11/01/canada-revenue-agency-announces-maximum-pensionable-earnings-for-2023/) - The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2023 will be $66,600—up from $64,900 in 2022. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada. For a more detailed guideline, please click the “Learn More” button - [New CRA campaign focuses on Personal Services Businesses](https://3ataxservicespc.ca/index.php/2022/11/28/new-cra-campaign-focuses-on-personal-services-businesses/) - For your corporation to be considered a personal services business (PSB), - you, as the incorporated employee performing services, or any person related to you, is a specified shareholder of your corporation - if your corporation did not exist, you, as the incorporated employee, would be considered an employee of the hiring business receiving your services - your corporation does not employ more than 5 full-time employees throughout the tax year - your corporation's income is from services performed by you, as the incorporated employee, on behalf of your corporation PSBs are not eligible for the small business deduction, or the general tax rate reduction. For a more detailed guideline, please click the "Learn More" button below - [CRA's Disability Advisory Committee submits 10 recommendations in its third annual report](https://3ataxservicespc.ca/index.php/2022/12/05/cras-disability-advisory-committee-submits-10-recommendations-in-its-third-annual-report/) - CRA's DAC 2022 annual report includes 10 recommendations for potential improvements to the disability tax credit (DTC) and its administration. The report recognizes the progress the CRA has made to improve its services for people with disabilities, including: - legislative changes to the eligibility for the DTC under the categories of mental functions and life-sustaining therapy - launch of a digital DTC application to make the application process simpler for both medical practitioners and individuals - a Navigator to support people with more complex situations in completing their applications - [Take note of the Taxpayer Relief deadline for requests related to 2012](https://3ataxservicespc.ca/index.php/2022/12/13/take-note-of-the-taxpayer-relief-deadline-for-requests-related-to-2012/) - Canada Revenue Agency (CRA) would like to remind tax payers and registrants that they have until December 31, 2022, to make a taxpayer relief request related to the 2012 tax year or reporting period. Taxpayers that want to ask for penalty or interest relief, must send their request within ten years from the end of - [Canada Dental Benefit](https://3ataxservicespc.ca/index.php/2022/12/20/canada-dental-benefit/) - The interim Canada Dental Benefit is intended to help lower dental costs for eligible families earning less than $90,000 per year. Parents and guardians can apply if the child receiving dental care is under 12 years old and does not have access to a private dental insurance plan. A tax-free payment of $260, $390, or - [Government of Canada launches formal consultations to streamline reporting of payroll information](https://3ataxservicespc.ca/index.php/2022/12/20/government-of-canada-launches-formal-consultations-to-streamline-reporting-of-payroll-information/) - Canada Revenue Agency (CRA) and Employment and Social Development Canada (ESDC) are launching formal consultations as part of a large scale ePayroll reporting solution project. From December 6, 2022 until January 27, 2023, CRA and ESDC will consult with employers, stakeholder groups, payroll software and service providers, to identify challenges they currently face with payroll - [How to make sure it is the CRA who is calling? Do not fall to scams](https://3ataxservicespc.ca/index.php/2023/01/04/how-to-make-sure-it-is-the-cra-who-is-calling-do-not-fall-to-scams/) - A legitimate CRA employee will identify themselves when they contact you, providing you with their name and phone number to call them back, if needed. If you’re suspicious, you can make sure the caller is a CRA employee before providing any information over the phone. Here’s how: Tell the caller you would like to first verify their identity. - [Filing your taxes by paper? here's what you need to know](https://3ataxservicespc.ca/index.php/2023/01/13/filing-your-taxes-by-paper-heres-what-you-need-to-know/) - If you filed on paper last year, the CRA should mail you the 2022 income tax package. You should receive your package by February 20, 2023. Others who want to file on paper can: order or download forms online at canada.ca/cra-forms order forms by calling the CRA at 1-855-330-3305 starting January 24, 2023 Deadline for filing - [Students: Put More Money In Your Pocket With Benefits And Credits](https://3ataxservicespc.ca/index.php/2023/02/01/students-put-more-money-in-your-pocket-with-benefits-and-credits-2/) - As a student, you may have many questions about taxes. It might even be your first time filing an income tax and benefit return, and that’s okay! We’re here to make tax-filing easier and to make sure you receive the benefits and credits you may be entitled to. - [Seniors: We’ve got tips to help you this tax season!](https://3ataxservicespc.ca/index.php/2023/02/01/seniors-weve-got-tips-to-help-you-this-tax-season/) - Seniors, we’re here to help make sure you get all the benefits and credits that you may be entitled to! These tips will help you complete your income tax and benefit return and avoid interruptions to your benefit and credit payments Read More - [Were you invited to file your taxes over the phone?](https://3ataxservicespc.ca/index.php/2023/02/07/elementor-26265/) - Every year, CRA send letters to eligible Canadians inviting them to file their income tax and benefit returns with the CRA’s File my Return automated phone service. Learn More - [Indexation adjustment for personal income tax and benefit amounts](https://3ataxservicespc.ca/index.php/2023/02/08/indexation-adjustment-for-personal-income-tax-and-benefit-amounts/) - Each year, certain personal income tax and benefit amounts are indexed to inflation using the Consumer Price Index data as reported by Statistics Canada. Increases to tax bracket thresholds, amounts relating to non-refundable credits, and most other amounts below take effect on January 1 of the applicable year. Learn More - [Design of the Tax-Free First Home Savings Account](https://3ataxservicespc.ca/index.php/2023/02/08/design-of-the-tax-free-first-home-savings-account/) - In Budget 2022, the government proposed the introduction of the Tax-Free First Home Savings Account (FHSA). This new registered plan would give prospective first-time home buyers the ability to save $40,000 on a tax-free basis. Like a Registered Retirement Savings Plan (RRSP), contributions would be tax-deductible, and withdrawals to purchase a first home—including from investment - [What you need to know for the 2023 tax-filing season](https://3ataxservicespc.ca/index.php/2023/02/28/what-you-need-to-know-for-the-2023-tax-filing-season/) - Millions of Canadians file their income tax and benefit returns every year. For the 2022 tax-filing season, Canadians filed approximately 31 million returns and 92% of them were filed electronically. Also, there were over 17 million refunds processed, resulting in a total amount of $37 billion! We know that having the information you need on hand makes filing easier. Below, you’ll find what you need to know for this year, including what’s new. - [Received a T4A slip from CRA? Here’s what you need to know](https://3ataxservicespc.ca/index.php/2023/02/09/received-a-t4a-slip-from-cra-heres-what-you-need-to-know/) - Did you receive COVID-19 benefit payments from the Canada Revenue Agency (CRA) in 2022? If you did, you should receive a T4A Statement of Pension, Retirement, Annuity, and Other Income slip. These payments are taxable, and you need the information on your T4A slip when filing your income tax and benefit return. Learn More - [2023 Tax Season is here!](https://3ataxservicespc.ca/index.php/2023/03/01/2023-tax-season-is-here/) - As we approach the 2023 tax season in Canada, it’s important to start thinking about preparing and filing your taxes for the 2022 tax year. Here are some key reminders and tips to help you get organized and avoid any last-minute stress. Know the deadlines: The deadline for filing your personal income tax return in - [What's new and what to remember when filing your taxes in Ontario this year](https://3ataxservicespc.ca/index.php/2023/03/02/whats-new-and-what-to-remember-when-filing-your-taxes-in-ontario-this-year/) - Tax season is upon Ontario residents and the Canada Revenue Agency (CRA) is getting ready to answer questions from taxpayers and make it easier and quicker for them to file their 2022 income tax and benefit return. - [Confirm my Representative is now available for business owners](https://3ataxservicespc.ca/index.php/2023/03/02/confirm-my-representative-is-now-available-for-business-owners/) - The protection of taxpayer information is of the utmost importance for the Canada Revenue Agency (CRA). - [Not sure if it's the CRA calling? Here's how to find out!](https://3ataxservicespc.ca/index.php/2023/03/16/not-sure-if-its-the-cra-calling-heres-how-to-find-out/) - Scammers posing as the Canada Revenue Agency (CRA) continue their attempts to trick you into handing over money or personal information. Know what to expect when the CRA contacts you so you can tell the difference between legitimate communications from the CRA, and scams. Learn More - [Do you work in the sharing economy? Here’s what you need to know](https://3ataxservicespc.ca/index.php/2023/03/16/do-you-work-in-the-sharing-economy-heres-what-you-need-to-know/) - What is the sharing economy? In the sharing economy, individuals and businesses share their assets with others for a price. Arrangements are generally made using online platforms through a third party, or using a website or an application (app). The sharing economy can take a variety of forms, such as: Transportation: ridesharing, rentals of bikes, - [The CRA would like to remind you that it has resumed debt recovery activities; here’s how it may impact your benefit, credit, and refund payments](https://3ataxservicespc.ca/index.php/2023/03/23/the-cra-would-like-to-remind-you-that-it-has-resumed-debt-recovery-activities-heres-how-it-may-impact-your-benefit-credit-and-refund-payments/) - The CRA would like to remind you that it has resumed debt recovery activities; here’s how it may impact your benefit, credit, and refund payments - [The Canada Revenue Agency and the Workplace Safety and Insurance Board partner to give Ontario businesses another way to pay their WSIB premiums](https://3ataxservicespc.ca/index.php/2023/08/14/the-canada-revenue-agency-and-the-workplace-safety-and-insurance-board-partner-to-give-ontario-businesses-another-way-to-pay-their-wsib-premiums/) - The Canada Revenue Agency (CRA) and the Workplace Safety and Insurance Board (WSIB) are giving Ontario businesses a new option to pay their WSIB premiums. Ontario businesses with a business number can now report their insurable earnings and make WSIB account payments through their CRA My Business Account. Learn More - [Businesses: Beginning January 1, 2024, if you file six or more information returns you must file them electronically to avoid penalties](https://3ataxservicespc.ca/index.php/2023/08/18/businesses-beginning-january-1-2024-if-you-file-six-or-more-information-returns-you-must-file-them-electronically-to-avoid-penalties/) - Beginning January 1, 2024, businesses filing six or more information returns (slips and summaries) must file electronically. This removes the clause that allowed a filer with 50 or fewer information returns to file by paper. Businesses filing five or fewer information returns can still choose to file by paper. Examples of information returns include the T4 - [Share your thoughts to help improve the Simplified northern residents travel deduction](https://3ataxservicespc.ca/index.php/2023/08/23/share-your-thoughts-to-help-improve-the-simplified-northern-residents-travel-deduction/) - Earlier this year, the Canada Revenue Agency (CRA) introduced the Simplified northern residents travel deduction, a pilot project with the goal of making it easier for eligible northern residents to provide the necessary information in their claim and access the deduction. Now, they are taking steps to collect feedback and identify more ways to improve the - [New tax credit to help offset cost of adding a secondary unit for family](https://3ataxservicespc.ca/index.php/2023/09/13/new-tax-credit-to-help-offset-cost-of-adding-a-secondary-unit-for-family/) - Building a secondary unit for a senior or a family member with a disability? The Multigenerational Home Renovation Tax Credit (MHRTC), provides a refundable tax credit of up to $7,500 for constructing a secondary suite, starting in 2023. The value of the credit is 15 per cent of eligible expenses or $50,000 (whichever amount is less). For example, if - [Brush up on your tax literacy for back to school](https://3ataxservicespc.ca/index.php/2023/09/18/brush-up-on-your-tax-literacy-for-back-to-school/) - It’s time to hit the books again! As you’re getting ready to go back to school, there are some important things about benefits, credits, and taxes to keep in mind. Get organized now so you’ll get the benefits and credits that you’re entitled to and save yourself some headaches later. Learn More - [Back to school tips for educators](https://3ataxservicespc.ca/index.php/2023/09/20/back-to-school-tips-for-educators/) - This back to school season, CRA is here to make it easy to teach and understand taxes. Whether you are an educator or an organization that supports educational growth, there are many resources that you can take advantage of this academic year. Learn More - [Enhanced GST Rental Rebate to build more apartments for renters](https://3ataxservicespc.ca/index.php/2023/09/27/enhanced-gst-rental-rebate-to-build-more-apartments-for-renters/) - On September 14, 2023, the Prime Minister announced that the government will introduce legislation to enhance the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing, to incentivize construction of much-needed rental homes for Canadians. To build more rental housing, the removal of GST will apply to new purpose-built rental housing, such - [Did you know that there are business services that can make it faster and easier for you to meet your tax obligations?](https://3ataxservicespc.ca/index.php/2023/10/11/did-you-know-that-there-are-business-services-that-can-make-it-faster-and-easier-for-you-to-meet-your-tax-obligations/) - Charlie the chatbot can be found on the Canada.ca/CRA webpage where it can answer questions about your business and other tax-related matters. From April to July 2023, it was asked just over 854,000 questions in English and 156,000 questions in French. As we head into Small Business Week 2023, Charlie is here to give you some information about - [Warning: Watch out for tax schemes involving multilevel marketing businesses!](https://3ataxservicespc.ca/index.php/2023/10/16/warning-watch-out-for-tax-schemes-involving-multilevel-marketing-businesses/) - The Canada Revenue Agency (CRA) is always on the lookout for tax schemes and opportunities to warn Canadians about them. Has someone encouraged you to deduct expenses and claim business losses to offset taxable income? If so, this might be related to a tax scheme involving multilevel marketing (MLM). Learn More - [Small Business Week is here: make sure you check out the Canada Revenue Agency’s information and resources that are tailored to the needs of entrepreneurs](https://3ataxservicespc.ca/index.php/2023/10/23/small-business-week-is-here-make-sure-you-check-out-the-canada-revenue-agencys-information-and-resources-that-are-tailored-to-the-needs-of-entrepreneurs/) - Canada Revenue Agency (CRA) is celebrating the passion and impact of Canada’s entrepreneurs, cornerstones of our neighbourhoods and communities. As you take this time to connect, learn and grow your business smarts, CRA is excited to share some tax information and resources that can help your business thrive. In the midst of challenges such as - [The Government of Canada has announced a call for applications for the Independent Advisory Board on Eligibility for Journalism Tax Measures](https://3ataxservicespc.ca/index.php/2023/10/30/the-government-of-canada-has-announced-a-call-for-applications-for-the-independent-advisory-board-on-eligibility-for-journalism-tax-measures/) - The Government of Canada has announced a call for applications for new members for the Independent Advisory Board on Eligibility for Journalism Tax Measures (Advisory Board). The Advisory Board is an independent body whose mandate is to: provide an independent assessment and a non-binding recommendation to the Minister of National Revenue (Minister) as to whether - [Government of Canada extends deadline for homeowners to file their Underused Housing Tax return](https://3ataxservicespc.ca/index.php/2023/11/01/government-of-canada-extends-deadline-for-homeowners-to-file-their-underused-housing-tax-return/) - The Minister of National Revenue announces that owners affected by the Underused Housing Tax (UHT) will have until April 30, 2024, to file their returns for the 2022 calendar year without being charged penalties or interest. Learn More - [Do you own a home and wondering if there are tax incentives that can help? Here’s what you need to know!](https://3ataxservicespc.ca/index.php/2023/11/08/do-you-own-a-home-and-wondering-if-there-are-tax-incentives-that-can-help-heres-what-you-need-to-know/) - This year, like so many of us, we are thinking about housing and the tax incentives that exist to help you with your home projects. You may qualify for benefits, credits, or tax incentives administered by the CRA to adapt your home so it can be more accessible. If you do qualify, these incentives can - [Are you a first-time home buyer? Do you know there are tax incentives that could help you purchase your first home?](https://3ataxservicespc.ca/index.php/2023/11/13/are-you-a-first-time-home-buyer-do-you-know-there-are-tax-incentives-that-could-help-you-purchase-your-first-home/) - Entering the housing market is not easy these days and this is true in many communities across Canada. Prices are high, competition is stiff and market conditions seem to shift quickly. Many of us wonder how we can break into the market, and how we can stretch our dollars as far as possible. November is Financial - [Canada Revenue Agency announces maximum pensionable earnings and contributions for 2024](https://3ataxservicespc.ca/index.php/2023/11/15/canada-revenue-agency-announces-maximum-pensionable-earnings-and-contributions-for-2024/) - The maximum pensionable earnings under the Canada Pension Plan (CPP) will be $68,500—up from $66,600 in 2023. The basic exemption amount for 2024 remains at $3,500. Starting in 2024, a higher, second earnings ceiling of $73,200 will be implemented and used to determine second additional CPP contributions (CPP2). As a result, pensionable earnings between $68,500 - [Employers and pension plan administrators: Changes coming to T4/T4A reporting](https://3ataxservicespc.ca/index.php/2023/11/20/employers-and-pension-plan-administrators-changes-coming-to-t4-t4a-reporting/) - The Government of Canada is committed to improving access to dental care services to help people get the dental care they need and make life more affordable to Canadians. The Canadian Dental Care Plan will provide dental coverage for uninsured Canadians with an adjusted family net income of less than $90,000. Beginning with the 2023 - [The Canada Revenue Agency continues to invest in free tax clinics](https://3ataxservicespc.ca/index.php/2023/11/22/the-canada-revenue-agency-continues-to-invest-in-free-tax-clinics/) - Free tax clinics made it possible for more than 649,000 Canadians with a modest income to file their taxes and receive more than $1.75 billion in benefits, credits, and refunds last year, announced the Honourable Marie-Claude Bibeau, Minister of National Revenue. More than 3,400 community organizations, composed of over 14,700 volunteers, helped achieve these results. - [New reporting requirements for trusts as of December 31, 2023](https://3ataxservicespc.ca/index.php/2023/11/27/new-reporting-requirements-for-trusts-as-of-december-31-2023/) - The Government of Canada has introduced new reporting requirements for trusts. These changes were made as part of Canada’s international commitment to the transparency of beneficial ownership information as well as its continuous efforts to ensure the effectiveness and integrity of the Canadian tax system. Learn More - [Individuals can now receive T4A and T5 slips more conveniently and efficiently](https://3ataxservicespc.ca/index.php/2023/11/29/individuals-can-now-receive-t4a-and-t5-slips-more-conveniently-and-efficiently/) - Recipients of T4A and T5 tax information slips no longer have to provide permission to receive them through a secure portal. A T4A slip identifies amounts paid during the calendar year for certain types of income from many different sources, including self employed commissions and RESP educational assistance payments. T5 slips are used to report the various types of - [Issuers of tax slips can now distribute T4, T4A and T5 slips more conveniently and efficiently](https://3ataxservicespc.ca/index.php/2023/12/04/issuers-of-tax-slips-can-now-distribute-t4-t4a-and-t5-slips-more-conveniently-and-efficiently/) - Issuers of T4A and T5 slips can now distribute them by email or using an employer or payer’s secure electronic portal without obtaining written or electronic consent from the employees or recipients before distributing the slips. Previously, issuers were required to request express consent in order to provide these slips electronically, but do not need to now, under certain - [What to expect when the Canada Revenue Agency contacts you](https://3ataxservicespc.ca/index.php/2023/12/04/what-to-expect-when-the-canada-revenue-agency-contacts-you/) - Fraudulent calls claiming to be from CRA is an issue that continues to impact Canadians. So what can you do to avoid being mislead by these scams? Please refer to the below article published by the Canadian Revenue Agency to help you determine the legitimacy of a CRA call. Click here - [Get a head start on your taxes by using the CRA’s digital services](https://3ataxservicespc.ca/index.php/2023/12/19/get-a-head-start-on-your-taxes-by-using-the-cras-digital-services/) - It’s almost that time of year again: tax season. Many of us put off filing our income tax and benefit returns until the last minute or avoid filing altogether. By not filing, you might be missing out on certain benefit and credit payments, or a potential refund. The Canada Revenue Agency (CRA) is here to help - [Taxpayer relief deadline is December 31, 2023 for requests related to 2013](https://3ataxservicespc.ca/index.php/2023/12/20/taxpayer-relief-deadline-is-december-31-2023-for-requests-related-to-2013/) - The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2023, to make a taxpayer relief request related to the 2013 tax year or reporting period. If you want to ask for penalty and interest relief, you must send your request within ten years from the end of the - [Businesses: Here are the top changes this year that will affect business taxes in 2024](https://3ataxservicespc.ca/index.php/2023/12/21/businesses-here-are-the-top-changes-this-year-that-will-affect-business-taxes-in-2024/) - This year, there have been many announcements about changes that will affect business taxes in 2024. CRA has pulled them together for quick reference, along with a list of resources that can help you manage these changes and your tax affairs in the new year. Learn More - [Home office expenses for employees – What you need to know for the 2023 tax-filing season](https://3ataxservicespc.ca/index.php/2024/01/02/home-office-expenses-for-employees-what-you-need-to-know-for-the-2023-tax-filing-season/) - The Canada Revenue Agency is currently updating its webpages and Form T2200 for the 2023 tax year. The updated form, which will be made available at the end of January 2024, along with other T1 related forms, will be easier to complete for employees who are only claiming a deduction for home office expenses. Eligible employees - [Saving for your first home? Find out how a First Home Savings Account can help](https://3ataxservicespc.ca/index.php/2024/01/03/saving-for-your-first-home-find-out-how-a-first-home-savings-account-can-help/) - Canadians can save for a home tax-free using the First Home Savings Account (FHSA). Prospective first-time home buyers can contribute or transfer from their RRSP up to $40,000 towards buying or building their first home. Like an RRSP, contributions made to an FHSA are generally tax-deductible. Up to $8,000 in FHSA contributions made by December 31, 2023, - [Not today, scammer! Find out if it’s really the CRA contacting you](https://3ataxservicespc.ca/index.php/2024/01/04/not-today-scammer-find-out-if-its-really-the-cra-contacting-you/) - Are you receiving emails insisting you click on a link? Text messages promising a benefit payment or refund? Phone calls threatening to send the police if you don’t pay up? Not only are all of these really annoying, they are all signs of scams! Scammers continue to pose as the Canada Revenue Agency (CRA) and - [The Canada Pension Plan enhancement – Businesses, individuals, and self-employed: what it means for you](https://3ataxservicespc.ca/index.php/2024/01/08/the-canada-pension-plan-enhancement-businesses-individuals-and-self-employed-what-it-means-for-you/) - The Canada Pension Plan (CPP) enhancement, which was introduced on January 1, 2019, is designed to help increase retirement income for working Canadians and their families. The CPP is a mandatory pension plan financed by contributions from employees, employers, and self-employed individuals. It covers virtually all workers in Canada except Quebec, which administers its own - [Watch your limit when contributing to your Tax-Free Savings Account (TFSA)!](https://3ataxservicespc.ca/index.php/2024/09/24/watch-your-limit-when-contributing-to-your-tax-free-savings-account-tfsa/) - Are you saving for a car or a dream vacation? A TFSA is a great way to save tax-free. The TFSA is a way for individuals who are 18 and older and have a valid social insurance number (SIN) to save money and withdraw it tax-free throughout their lifetime. Whether you already have a TFSA or are - [Getting ready to file your taxes by paper? Here’s what you need to know!](https://3ataxservicespc.ca/index.php/2024/01/31/getting-ready-to-file-your-taxes-by-paper-heres-what-you-need-to-know/) - We get it – people have different preferences when it comes to filing their tax returns. But no matter how you decide to file, the Canada Revenue Agency (CRA) is committed to making sure you get any refund, benefit, or credit payments that you may be eligible for! Learn More - [International students studying in Canada: Doing your taxes helps you](https://3ataxservicespc.ca/index.php/2024/03/23/elementor-27039/) - If you’re an international student studying in Canada and a resident for tax purposes, you could get benefit and credit payments that can help with your cost of living. Check out our 3-minute benefits and credits video for everything you need to know about benefit and credit payments in Canada. Learn more Photo Credits: Two young teenagers sitting - [Ready to file your taxes? Here’s why you should go digital!](https://3ataxservicespc.ca/index.php/2024/03/23/ready-to-file-your-taxes-heres-why-you-should-go-digital/) - Worried about tax-filing season? Don’t be! Our easy-to-use digital services can improve the filing process and save you time. Using our services will also make it easier for you to manage your tax and benefit information online, and you’ll avoid delays and long wait times over the phone. Learn more Photo credits: Work from home concept vector - [Top 10 tips for your platform economy tax obligations](https://3ataxservicespc.ca/index.php/2024/04/06/top-10-tips-for-your-platform-economy-tax-obligations/) - To make it easier for you to understand your tax obligations as a platform economy participant, we made a list of the top ten tips you need to know. Learn More - [NEW – Bare trusts are exempt from trust reporting requirements for 2023](https://3ataxservicespc.ca/index.php/2024/03/31/new-bare-trusts-are-exempt-from-trust-reporting-requirements-for-2023/) - To support ongoing efforts to ensure the effectiveness and integrity of Canada’s tax system, the Government of Canada introduced new reporting requirements for trusts. In recognition that the new reporting requirements for bare trusts have had an unintended impact on Canadians, the Canada Revenue Agency (CRA) will not require bare trusts to file a T3 Income Tax and - [You still have time – Last-minute tips to help you file before the deadline!](https://3ataxservicespc.ca/index.php/2024/04/14/you-still-have-time-last-minute-tips-to-help-you-file-before-the-deadline/) - Life is full of responsibilities, from school and work to family and everything in between. We understand that taxes can easily slip to the bottom of your to-do list. Don’t worry if you haven’t filed your 2023 income tax and benefit return yet – you still have time. Use the information below to help you complete - [Using an app or website to earn income? know about the Reporting Rules for Digital Platform Operators](https://3ataxservicespc.ca/index.php/2024/09/18/using-an-app-or-website-to-earn-income-know-about-the-reporting-rules-for-digital-platform-operators/) - Using an app or website to earn income? Here’s what you need to know about the Reporting Rules for Digital Platform Operators You may be affected by Canada’s new Reporting Rules for Digital Platform Operators if you use digital platforms to earn income. These rules have been implemented to increase transparency and support compliance in - [Save for your child’s post-secondary education](https://3ataxservicespc.ca/index.php/2024/09/12/save-for-your-childs-post-secondary-education/) - Post-secondary education can be expensive. Save for your child’s future by contributing to a registered education savings plan (RESP). RESP is a tax-deferred investment designed to help people save for a child’s education after high school. The government also contributes to your plan with Canada Education Savings Grant payments, the Canada Learning Bond, and provincial incentives - [Taxes Competition for Middle and High School Students](https://3ataxservicespc.ca/index.php/2024/08/31/win-cash-for-your-school-taxes-competition/) - Tax literacy is a life skill and we know that early tax education helps empower students to understand their tax responsibilities and entitlements later in life. According to public opinion research, young Canadians find taxes daunting and expressed a need for clearer guidance from trusted sources. Tax literacy isn’t just about filing your return, it’s - [Calculate payroll deductions online](https://3ataxservicespc.ca/index.php/2024/08/16/calculate-payroll-deductions-online/) - The Payroll Deductions Online Calculator (PDOC) allows you to calculate federal, provincial (except for Quebec), and territorial payroll deductions. The PDOC includes step-by-step instructions designed to assist you with the type of calculation you need. It can be used to calculate payroll deductions for: salaries commissions pensions In addition, PDOC can also be used to verify Canada Pension - [New fact sheet on tax obligations for personal services businesses](https://3ataxservicespc.ca/index.php/2024/08/09/new-fact-sheet-on-tax-obligations-for-personal-services-businesses/) - Have you recently incorporated your business? Do you provide services to one other company? You might be considered to be operating a personal services business (PSB) by the CRA. This means your tax obligations are different than other corporations! Check out the CRA’s fact sheet on PSBs! It’s intended to help you better understand your reporting - [The CRA is making it easier to access its digital services](https://3ataxservicespc.ca/index.php/2024/05/26/the-cra-is-making-it-easier-to-access-its-digital-services/) - This tax season, the Canada Revenue Agency (CRA) has introduced a new identity validation option, known as the document verification service, to make it easier to register for digital services including My Account. Using a government-issued photo identification (ID), such as a passport or driver’s licence, a user can quickly validate their identity to get immediate access to - [Need to change your tax return? You can do it online!](https://3ataxservicespc.ca/index.php/2024/05/18/need-to-change-your-tax-return-you-can-do-it-online-2/) - Filing your income tax and benefit return each year is what you need to do to receive any benefit and credit payments you’re entitled to. Sometimes after you file, you realize you made a mistake or forgot to include something important. If this happens to you, don’t worry. It’s easy to change your tax return. If you - [Looking for the fastest and easiest way to view and manage your business taxes online? Use our digital services!](https://3ataxservicespc.ca/index.php/2024/05/12/looking-for-the-fastest-and-easiest-way-to-view-and-manage-your-business-taxes-online-use-our-digital-services/) - Our digital services make handling your business tax matters faster and easier. You and your authorized employees and representatives can file, pay and access detailed information about your tax accounts. Here is information about the Canada Revenue Agency’s (CRA) most used digital services, as well as information about how to access other services too. Learn More HAPPY - [Canada Carbon Rebate for Small Businesses: Payment Rates and Online Estimator](https://3ataxservicespc.ca/index.php/2024/10/10/canada-carbon-rebate-for-small-businesses-payment-rates-and-online-estimator/) - The Canada Revenue Agency (CRA) would like to highlight new information about the Canada Carbon Rebate for Small Businesses, a refundable tax credit designed to support small and medium-sized enterprises across Canada. This initiative aims to return a portion of the federal fuel charge proceeds directly to eligible Canadian-controlled private corporations (CCPCs). For more information, - [Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations](https://3ataxservicespc.ca/index.php/2024/04/21/are-you-self-employed-the-canada-revenue-agency-can-help-you-understand-your-tax-obligations-2/) - If you’re self-employed, navigating your tax obligations may seem complicated. But don’t worry, the Canada Revenue Agency (CRA) is here to help you! To get ready for tax-filing season, we’ve put together helpful tips and information for self-employed individuals. Learn more - [Tax Free Savings Account: Watch your limit – stay within it!](https://3ataxservicespc.ca/index.php/2024/04/28/tax-free-savings-account-watch-your-limit-stay-within-it/) - Canadians have been contributing to tax-free savings accounts (TFSA) since 2009, enjoying tax-free investment growth. Did you know that it’s possible to overcontribute and be subject to penalties? Excess contributions can occur, for example, when your TFSA is set up for pre-authorized contributions and you make additional contributions without verifying the amount of room you have available. - [Ten tips if you opened a First Home Savings Account in 2023](https://3ataxservicespc.ca/index.php/2024/03/09/ten-tips-if-you-opened-a-first-home-savings-account-in-2023/) - Did you open a First Home Savings Account (FHSA) in 2023? If so, you need to be aware of this important information. Learn More - [Fraud Prevention Month: How to recognize fraud, scams and tax schemes / Mois de la prévention de la fraude : comment reconnaître les situations de fraude, les arnaques et les stratagèmes fiscaux](https://3ataxservicespc.ca/index.php/2024/03/17/fraud-prevention-month-how-to-recognize-fraud-scams-and-tax-schemes-mois-de-la-prevention-de-la-fraude-comment-reconnaitre-les-situations-de-fraude-les-arnaques-et-les-stratagemes-fiscaux/) - Every March, the Canada Revenue Agency (CRA) joins organizations around the world to recognize Fraud Prevention Month. Keeping your information secure is a top priority for the CRA. Learning how to identify fraud, scams and tax schemes helps keep your personal information safe. 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