Tax season is here!
Hi! It’s time to gather your documents/emails/receipts and book an appointment.
A few things to remember:
We are not accepting new clients this year
Register for CRA My Account. This is helpful in so many ways. You can find missing documents, make changes to banking, marital status and addresses, look for TFSA room and RRSP room.
Authorize Lynette to represent you with CRA
Ask your pharmacy for a printout of all your prescriptions, chiropractor or physiotherapist too. Get a claim summary from your insurance provider. Document any medical travel over 40 kms one way. If you travel over 80km one way, you can claim meals, parking and hotels.
RRSP’s contributed up to Mar 2/26 must be reported on 2025’s return.
Report any BIG changes when booking; things like moving, selling or buying a house, banking, marital status, new children, death of someone.
You MUST have an appointment to be seen. Our office runs on appointments and first in/first out for dropped off files. It is imperative to book an appointment.
There is a price increase this year.
There are not a lot of tax changes this year. A few are: The Carbon Tax Credit has been eliminated. The lowest tax rate has decreased from 15% to14%. The basic personal amount (aka tax free income) is now $16129. The Digital News Subscription has been eliminated.
Email/Text/Call/Message any questions, but please book online if possible.