Thursday, February 25, 2021
-8 °c
Cornwall
-8 ° Fri
-2 ° Sat
2 ° Sun
-2 ° Mon
-10 ° Tue
-4 ° Wed

No products in the cart.

download our APP
  • About
    • Contributors
    • Disclaimers
    • Giving back
    • Mission Statement
    • Past Issues
    • Where to Find
    • Call us at 613-935-3763
  • Get The Seeker at Home!
  • Advertise with us!
COVID-19 Response Framework: the EOHU region is at the ORANGE-RESTRICT level.

Get the Seeker Delivered straight to your door, click here
  • Home
  • News
  • Leisure & Lifestyle
  • Community & Columnists
  • Events
    • 5 questions with…
  • Disclaimers
  • Merch
No Result
View All Result
The Seeker Newspaper Cornwall
  • Home
  • News
  • Leisure & Lifestyle
  • Community & Columnists
  • Events
    • 5 questions with…
  • Disclaimers
  • Merch
COVID-19 Response Framework: the EOHU region is at the ORANGE-RESTRICT level.

Get the Seeker Delivered straight to your door, click here
No Result
View All Result
The Seeker Newspaper Cornwall


COVID:
ORANGE
PROTECT

Home News and Announcements

Tips from the Tax Mam -What if I get a slip AFTER I’ve already filed my taxes?

Josee Sauve by Josee Sauve
April 10, 2015
in News and Announcements
Reading Time: 3min read
24 1
Josee Sauve
15
SHARES
166
VIEWS

You might also like

Covid-19 shuts down St-Albert Cheese Coop

Accelerated Training for Personal Support Workers to Boost College

Why Smart Tech is a Smart Move for Electricians

headshotWhat if I get a slip AFTER I’ve already filed my taxes? If you receive another slip (or an amended slip) after filing your taxes, it is very important to alert your tax preparer! A slip you received in 2015 that bears the 2014 taxation year cannot be saved and claimed on your 2015 tax return. The slip could be an important adjustment that will alter your income or credits on your tax return and cause you to have a larger refund or have a balance owing. Your tax preparer will make the appropriate adjustment(s) to your tax return to reflect the slip (or amended slip) and will advise you of the result. If you do not alert your tax preparer to the slip, CRA will automatically re-assess you later on in the year, but will charge you interest if this re-assessment resulted in a balance owing. Should an individual fail to file a slip 3 years in a row, CRA will assess a penalty equal to 10% of the amount that was not reported. For example, failure to file an RRSP withdrawal of $5,000 would be assessed a federal penalty of $500 and a provincial penalty of $500 for a total of $1,000.  This is non-negotiable.  As long as missing slips are filed prior to April 30th, no penalties or interest will be assessed. For more tax tips, visit www.sauvetaxservices.ca

Author

  • Josee Sauve

    Tips from the Tax Mam

    View all posts

Next Post

First World Premiere of Syllabification from a Sycophant coming to Cornwall

Place YOUR ad here now
Facebook Twitter Instagram Youtube

Don't miss anything!

Get notified of all our new news by ringing the bell at the bottom right corner!

The Seeker Newspaper is located at 327 Second Street E., Cornwall, ON K6H 1Y8 -- All rights reserved
The Seeker does not accept responsibility for errors, misprints or inaccuracies published within. The opinions and statements of our columnists are not to be presumed as the statements and opinions of The Seeker
ISSN 2562-1750 (Print)

ISSN 2562-1769 (Online)
No Result
View All Result
  • Home
  • News
  • Leisure & Lifestyle
  • Community & Columnists
  • Events
    • 5 questions with…
  • Disclaimers
  • Merch

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
X