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Holdidayers can claim Ontario staycation 20% tax credit in 2022

“The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province, while helping the tourism and hospitality sectors recover from the financial impacts of the COVID-19 pandemic,” the government said in a statement. ....

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Feds propose allowing e-signatures for key tax forms

Rudy Mezzetta
The federal government is proposing to eliminate written signatures on a number of key tax forms and to allow the Canada Revenue Agency (CRA) to automatically issue electronic copies of the notice of assessment when returns are filed electronically.
These as well as other tax administration measures proposed in the federal budget tabled on Monday are meant “to improve the CRA’s ability to operate digitally, resulting in faster, more convenient and accurate service, while also enhancing security,” the government indicated.
The federal government proposed to eliminate the requirement that signatures be in writing on these forms:
T183, Information Return for Electronic Filing of an Individual’s Income Tax and Benefit Return; ....

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Feds propose allowing e-signatures for key tax forms

Feds propose allowing e-signatures for key tax forms
investmentexecutive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentexecutive.com Daily Mail and Mail on Sunday newspapers.

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How to get through a more challenging tax season

The Globe and Mail
Evelyn Jacks
Published March 16, 2021
/iStockPhoto / Getty Images
Get ready for a complex tax season. Aside from the challenge of filing taxes during a pandemic, Canadians face a basic T1 Income Tax and Benefit Return form with various Schedules totalling more than 40 pages for the 2020 taxation year. Although that makes the task more arduous for financial professionals, it can lead to new opportunities.
Against the backdrop of the most significant public health crisis in a century, astute financial advisors can help their clients uncover gaps in their tax and investment strategies as well as engage the whole family in financial planning. ....

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