Taxpayers’ Rights
Filed Under Alberta, Contributors, Finances, Kustom Design, Tax, calgary · Tagged: CRA, Tax Season, taxpayer, taxpayer bill of rights, taxpayer rights
It’s only fitting to end the tax season with some helpful information for taxpayers. So this week’s blogs would be all about tax, tax and more taxes!
Let’s start by reviewing what rights you are entitled to as a taxpayer.
1. You have the right to receive entitlements and to pay no more and no less than what is required by law.
2. You have the right to service in both official languages.
3. You have the right to privacy and confidentiality.
4. You have the right to a formal review and a subsequent appeal.
5. You have the right to be treated professionally, courteously, and fairly.
6. You have the right to complete, accurate, clear and timely information.
7. You have the right, as an individual, not to pay income tax amounts in dispute before you have had an impartial review.
8. You have the right to have the law applied consistently.
9. You have the right to lodge a service complaint and to be provided with an explanation of our findings.
10. You have the right to have the costs of compliance taken into account when administering tax legislation.
11. You have the right to expect us to be accountable.
12. You have the right to relief from penalties and interest under tax legislation because of extraordinary circumstances.
13. You have the right to expect us to publish our service standards and report annually.
14. You have the right to expect us to warn you about questionable tax schemes in a timely manner.
15. You have the right to be represented by a person of your choice.
I would like to encourage you to get familiar with your rights as taxpayers to make sure that you are treated professionally, courteously and fairly especially during this tax season. Whether you are simply filing your personal income tax returns, getting tax information or are being reassessed, it is important that the CRA respects all the service rights you are entitled to according to the Taxpayer Bill of Rights.
Tax Season has arrived!
Filed Under Tax · Tagged: accountant, calgary, CRA, Personal Income Tax Return, T slip, Tax Return, Tax Season
Tax Season has officially begun. It is always daunting this time of year when you have to collect and organize your t-slips, receipts and what nots. Here are a few tips that will help you get through the tax season in one sane piece.
1. April 30th is the deadline to file your personal income tax return so prepare all the required paperwork well ahead of this due date. Remember that the CRA charges interests and penalties for late returns.
2. Look at the several ways you can file your tax returns and choose wisely. Consider the cost, time and the risk factors when choosing. You can either go through an accountant, online, manual filing, etc. Check out this link to learn more — www.kustomdesign.wordpress.com.
3. Be aware of important dates related to your tax returns — when you should expect your T4, T3’s, etc.
4. Make sure you are familiar with the tax credits and deductions that apply to you. You can go directly to the CRA website or consult a tax specialist to help you out.
