Need guidance for tax season? Want it for free? It’s out there if you look – the latest news, information and a little advice from a variety of government bodies, associations and websites. Here are just a few of the resources available to help you get it right.
Canadian Tax Foundation: This non-profit research organization analyzes personal, corporate and international tax and government-finance matters. It publishes a broad selection of analysis and commentary on current issues in Canadian and international case law, tax policy and finance. Its recently published textbooks, Tax Policy in Canada and Taxation of Private Corporations and Their Shareholders, offer introductory overviews, analysis and practical information.
Many of the foundation’s publications are distributed free to its members. (Cost for membership ranges from $30 for students to $350.) The foundation publishes three newsletters, one of which, the quarterly Canadian Tax Focus, is available free on its website.
Canada Revenue Agency: The feature My Business Account allows business owners, including partners, directors and officers, to access their GST/HST, payroll, corporation income tax, excise tax and other accounts online and make payments. The Payroll Deductions Online Calculator is handy. You can also download all CRA forms.
The CRA website includes tax tips and newsletters for business. You can subscribe to its RSS feeds or follow the CRA on Twitter – @CanRevAgency. If you have questions, there’s an e-Services Helpdesk for businesses, available in English and French: 1-877-322-7849.
There is also a section called Complaints and Disputes, which offers information about objections and appeals under Ontario’s Corporations Tax Act.
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