Posts Tagged TD7R(A)

Elimination of tax packages for individuals using the services of a tax professional

PLEASE NOTE: YOU ARE NOT GOING CRAZY! THAT ENVELOPE DIDN’T ARRIVE YET!

I just received an email from Canada Revenue Agency to advise my clients of the following:

For 2006 and subsequent tax years, taxpayers who had their return prepared by a tax professional in the preceding tax year, and had a resulting nil or debit balance, will no longer receive a tax package from the Canada Revenue Agency (CRA).

This basically means that if you had a no balance owing or received a refund and someone like me EFILED your 2005 tax return .. you will not get that envelope from Revenue Canada that had your name on the sticker with that T7DR(A) .. the non-personalized remittance form used by taxpayers to make their payment on filing either through a bank or to the CRA directly.

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