All the T4's, T5's, T4A's and NR4's had to be filed by today. I was full of good intentions for getting these all done early this year but what with one thing and another I just filed the last ones 5 minutes ago at 8:30 pm. I am usually going to try to post something on Thursday or Friday each week but I was so busy the past few days that I am only just getting to it now.
Part of the problem of course was that I was waiting for T5's to be issued for two companies to finish up their income reconciliations. They were not issued on time so I finally had to estimate it based on last year's slips and go with that.
The next deadline that I have to worry about is not until April 15th which is the US filing deadline for anyone needing a US return that is in the US. Since that isn't for quite sometime I will be going back to working on the returns that have come in so far. Most are still missing some information which is why they haven't been finished yet but a few have had the information come in over the past few days while I was trying to finish up everything that had to be filed for today.
Returns are starting to trickle in and the website visitor stats are interesting. People are seeing my website and I have even had a few call me so far despite it being very early in tax season. For the next few weeks even discounted returns will get done fairly quickly until a backlog starts to build up - usually by mid to late March.
I haven't had any comments yet so I am not sure if my comments don't work for some reason or whether it is simply that no one has anything to say! Can the next person that reads my blog comment on something just so I know it works please?
Until then I hope all is well in your world and you are considering me for your tax needs!
Photo by Nan Lalande
Laurie Yoon, C.P.A., C.A.
My practice has evolved over the years to be almost entirely personal tax, and I specialize in people with cross border personal tax issues.