SSL Group CPA's

Barrie and Newmarket’s preferred choice for accounting, taxation, and business advisory services.

[SSL Group CPA's @SSLGroupCPAs]

"Some taxpayers who filed "bare trust" forms to the CRA last year may have done so needlessly as the govt examines further changes to the reporting requirements — changes that could risk creating another chaotic tax season, one accountant warns."

https://t.co/jcW13uEiSy #taxes

[SSL Group CPA's @SSLGroupCPAs]

The latest issue of the Balance Sheet is now available.

This edition's feature article is CRA Audit Alerts for Employment Expenses, Rental Deductions, Moving Expenses, Medical Expenses, and Donations

https://t.co/jC0w1s4lnR

[SSL Group CPA's @SSLGroupCPAs]

Changes are coming to the Voluntary Disclosure Program. The changes affect applications received after October 1, 2025.

This articles expands on these changes, including a chart to outline the differences from the 2018 policy.

https://t.co/l78vUrTz1j #taxes

[SSL Group CPA's @SSLGroupCPAs]

"Ottawa’s latest proposed rule changes for bare trusts would significantly reduce the number of average Canadians who would have to file special tax returns for trusts every year, tax experts say."
https://t.co/OwqoNS21aI #taxes

[SSL Group CPA's @SSLGroupCPAs]

"On October 1, 2025, changes to the VDP will come into effect. These changes will make it easier to correct unintentional filing errors or omissions and make the program more accessible."

Learn more about these changes here:
https://t.co/XtbCxsol1o

[SSL Group CPA's @SSLGroupCPAs]

What an honour! Thank you, voters!

We were chosen as the Reader Favourite 2025 for Accountant, Bookkeeping, and Tax services!!

https://t.co/GTFDFewyKP

[SSL Group CPA's @SSLGroupCPAs]

September's Life in the Tax Lane:

Trust Reporting – Draft Legislation
Trust Reporting – Schedule 15 Penalties
Authorization Requests for Individuals
CRA Phone Lines
CEBA – Collections Process
Deductibility of Clothing Purchases by an Employee

https://t.co/as2xXHjCoC #taxes

[SSL Group CPA's @SSLGroupCPAs]

"Renting to friends or family? Here’s how to avoid hot water with the CRA"
https://t.co/kQDdc45NWC

[SSL Group CPA's @SSLGroupCPAs]

"Participation room is the total amount that an FHSA can hold in a given year. When a client opens their first FHSA, their participation room is $8,000."
https://t.co/rUkFCucNjS

[SSL Group CPA's @SSLGroupCPAs]

"The Canada Revenue Agency (CRA) is searching for the owners of 160 cheques each worth over $100,000 as part of a massive stash of more than 10 million uncashed cheques waiting to be claimed."

https://t.co/M75Va5xfc3

[UFile @UFile]

Today, April 30th, is the TAX FILING DEADLINE! Avoid late penalties or interest on any money owed and NETFILE your taxes by midnight! #TaxDay #CndTaxes #TaxReturns #Deadline #April30

[SSL Group CPA's @SSLGroupCPAs]

"Of the more than 400 tax credits and deductions available, H&R Block has listed the ten most commonly missed tax breaks:"
https://t.co/8DCqIjdhaO

[SSL Group CPA's @SSLGroupCPAs]

"If you filed your 2024 income tax and benefit return electronically by April 2, you should receive your final carbon rebate payments starting today, April 22."
https://t.co/xtytnVosIW

[Jason Heath @JasonHeathCFP]

My latest @MoneySense article:

Can you make #RRSP contributions after age 71?

#cdntax #seniors

https://t.co/zuzU6190zB

[SSL Group CPA's @SSLGroupCPAs]

"While some digital slips missing through CRA, copies can be accessed through employer, financial institutions."

https://t.co/BPCYGssOMs #taxes