• We request 2 months from the date the documents are received. It may not take as long, depending on when an accountant begins working on your file, but this ensures sufficient time for any questions, or delays in responses from 3rd parties (banks, mortgage lenders, etc).

• Download checklist (PDF)

• We cannot file any tax returns until the CRA opens their e-file capabilities, which is usually at the beginning of March. We generally request documents to be submitted no earlier than March 15. The majority of tax slips are not due to be completed until the end of February and we request tax documents to be submitted in their entirety. Additionally, if you receive a T3 slip (such as from a mutual fund investment), these slips are not due to be filed until March 31, and sometimes they take a couple of weeks to process. We generally do not file any tax returns with T3 slips until April 15 to ensure there are no missed slips.

• Any tax documents submitted after April 15 will be added to the queue and we will endeavour (but not guarantee) to have them completed by April 30.

• Personal tax returns with no business income – April 30 payment deadline and filing deadline.

• Personal tax returns with business income (sole proprietor) – April 30 payment deadline, June 15 filing deadline.

• Corporate tax return – generally, the payment deadline is 3 months after year-end (for established and compliant corporations) and the filing deadline is 6 months after year-end.

We accept cheque or e-transfer

• Make all cheques payable to “D.J. Reznick & Associates Ltd.”

• E-transfer to djreznick@djreznick.ca

• Email office@djreznick.ca

• Coming soon

• Per the CRA, their goal is:

  • 2 weeks if the tax return was e-filed,

  • 8 weeks if the tax return was paper filed,

  • 16 weeks for any non-resident tax returns,

  • However, if a tax return has been sent to a department for review or has additional complexities, it may take longer.

• We prepare a letter with your corporate year end that lists out the instalment payments and dates. In order to avoid interest on late instalment payments, these should be made on time.

• There are multiple ways to pay your taxes.

• Personal taxes can be paid directly through your personal bank account via online banking.

• Corporate taxes can be paid directly through your corporate bank account via online banking.

• Personal taxes can be paid directly at the bank with a remittance voucher.

• There are remittance vouchers for other taxes to pay, however many of them have to be requested from the CRA and there are delays as they are mailed out to the address on file.

• Additionally, all taxes can be paid with a debit card through the CRA's My Payment service.

• The CRA is moving towards more online presence, and quite a few questions and items can be answered through your online account. One of the main things is to authorize a representative. You will need to have access to both your “my business account” and “my CRA account” to authorize us as a representative for corporate accounts.

• Additionally, this is a useful tool to check on any balances owing, any correspondence from the CRA, change your address, or confirm that payments have been processed in the correct tax year.

• Our office has a flexible work environment, generally there is someone in the office from Monday to Friday from 8am to 4pm.

• Check CRA processing times on Canada.ca

• All signed documents and invoices are included in the docusign package. Once all parties have signed off, a link should be emailed to you with a download button for you to keep all signed documents and invoices.

• Notices of assessment are available on your “CRA MyAccount” for the year assessed.

• Pay with a debit card through the CRA's My Payment service (Payments to the CRA - Canada.ca). My Payment lets you make one or more payments in one simple online transaction. You can use this service if you have access to online banking at a participating financial institution.

• Check CRA processing times - Canada.ca. Find out the standard processing times for tax returns and other tax-related requests sent to the Canada Revenue Agency (CRA). The information provided here is the same as you would receive by calling the CRA.