Topics that will be covered in this Webinar:
New changes for 2020 tax year
- Home office expense on T2200 for taxpayers who were working from home during COVID-19
- Declaration of CERB, CESB and CRB as taxable income
- Repayment of CRB for higher-income individuals
- Wage Subsidy for small businesses and new T4 reporting
- Canada Emergency Loan ($40,000) for small businesses
- Digital news subscription tax credit, and Canada training tax credit
E-filer registration and getting most out of the web
- How to get or register for E-file number with CRA
- Getting started on the Taxtron web with your E-file number
- Setting up preferences and multiple locations
- Setting up multiple users and assigning rights to various users
- Setting up two way authentication
- E-filer responsibilities, record keeping, dealing with post and pre-assessment
- How to deal with CRA’s professional audits of E-filers
- Preparing tax return on web under professional
- Refilling of tax return