Tag: #Taxation #Outsourcing #Accountant #Consult #Bookkeeping #AccountingFirms #TaxSeason #Navkar #QuickBooksTips #QuickBooks

Thank you for your support and enthusiasm for the previous article on what’s new and different in the T1 income tax return. Now we’re back with another hot topic: what new changes have been made to a corporation’s tax return.

As practicing CPAs, we need to be updated with the changes made by either government or CRA towards businesses. We have to be very active as our one mistake can make millions of dollars loss for the client. Let’s understand what CRA changes in 2021’s T1 return filling program.
Here we mention some changes to keep in mind for the busy tax season.