What’s new for the 2017 tax-filing season?

CRA has posted changes to services for the 2017 tax-filing season. The following are new:

• Express NOA delivers an instant message regarding a filing, and then, within 24 hours, delivers the notice of assessment directly into EFILE-certified tax preparation software. To receive an express notice of assessment, tax preparers must have CRA credentials and have completed Part C of Form T183, Information Return for Electronic Filing of an individual’s Income Tax and Benefit Return.
• ReFILE for Efilers lets representatives send adjustment requests for a client’s return using EFILE-certified software. Representatives can make changes to this year’s and last year’s return. To use this service, you must have Level 2 authorization for your client’s account.
• Pre-authorized debit for EFILE allows EFILE users to send payments electronically to CRA for a taxpayer. This service is available in certain EFILE-certified software products. The service will be fully implemented in all EFILE software by February 2017.
• Represent a Client provides a list of clients’ names, along with the type of notice and its issue date, and whether the return was assessed as filed or with changes.

Read: Important year-end tax deadlines

Other services have been enhanced, such as online mail to notify taxpayers when they have correspondence in My Account.

For full details, visit the CRA online.

Read: Income tax reductions a holiday present for Quebecers?

Also listen: Personal tax season – Are you ready?

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.