HOW DO I PAY MY TAXES?
Do you owe money to Canada Revenue Agency?
For convenient ways to pay your personal and corporate federal tax, GST/HST, payroll and other outstanding amounts owing to Canada Revenue Agency, please see your options HERE
Do you owe corporate provincial tax?
For convenient ways to pay your corporate provincial tax owing, please see your options HERE
Although we would be happy to, we cannot help with online banking set up, as each financial institution is set up differently.
HOW DO I PAY MY INSTALMENTS DUE?
For convenient ways to make your instalment payments click HERE
WHAT ARE INSTALMENTS?
If the total tax owing on all sources of income on your tax return is more than $3,000 (the current instalment threshold), you may have to pay tax by instalments towards next year’s income tax owing. We calculate what we think the instalment base would be. Canada Revenue Agency will confirm the instalment payments. To avoid interest and penalty charges, you must make the payments indicated by Canada Revenue Agency.
WILL I OWE INSTALMENTS IF MY INCOME WILL BE LESS NEXT YEAR?
If you expect a significant change in your tax situation for the upcoming year, please contact us so that we can discuss if the instalment base can be revised.
CAN I PAY MY TAXES BY CHEQUE?
Although Canada Revenue Agency strongly urges that you make payment online, you can still send a cheque.
We suggest sending a simple letter of explanation stapled to your cheque detailing what account you would like payment to be applied to. Write your social insurance or business number in the memo line of your cheque and the year your payment applies to. For a list of federal tax centres to send payment to, click HERE
For a corporate provincial payment (Alberta) by cheque, click HERE
HOW DO I RECEIVE MY REFUND?
If you already have Direct Deposit set up with Canada Revenue Agency, no further action is necessary. You will see any refunds in your account shortly.
To sign up for Direct Deposit, please see HERE
Direct Deposit will soon become the only way to receive your tax refund. We strongly suggest that you to sign up to Direct Deposit.
HOW DO I CHANGE MY DIRECT DEPOSIT BANKING INFORMATION?
Change your personal banking information online by logging into your account HERE
Change your corporate banking information online by logging into your account HERE
WHAT IF I HAVE QUESTIONS?
We may not meet with you face-to-face to go over your tax return, but we would still love to hear from you, whether it be by telephone, email, FaceTime, Skype or however else you wish to communicate with us (horse-drawn carriage perhaps?)! Feel free to reach out and discuss any matters or questions you may have.