Filing Tax For a Deceased Person
The legal representative is responsible for filing tax for a deceased person. Everything that belongs to that person when they die, property and debts are part of the estate. All the paperwork and tax jargon seem daunting. But with the right information, you can manage to file the deceased tax return with CloudTax. When is the return due when you… Continue Reading
Everything you need to know about CRA audits
The Canada Revenue Agency (CRA) audits aim to make sure the tax system is fair for every Canadian. During your audit, the CRA examines your records to confirm you are fulfilling your tax obligations, following the tax laws, and receiving the right benefits and refund. For audits, you provide your relevant paper and electronic records, supporting documentation, and explanations for… Continue Reading
CRA Tax Filing Changes for 2020
The CRA tax filing changes for 2020 shouldn’t keep you up at night. The goal is to keep more of your money by planning before you file. During the tough situation, the CRA is giving Canadians an extra month to file their taxes to the Canada Revenue Agency. Canadian taxpayers will have until June 1, 2020, to submit their tax… Continue Reading