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TaxCycle 10.0.41841.0—T3/TP-646, T5013/TP-600, T3010 (Revised)

The 2020 versions of T3/TP-646, T5013/TP-600 and T3010/TP-985.22 are ready for filing.

release notes T3010 T4 T3 TP-646
Slips and COVID-19: CEWS, TWS, PD27, T2200S and New Boxes on T4 Slips

Answers to questions we’ve received from TaxCycle preparers about completing new forms and reporting additional information when filing T4 slips.

Authorization Requests Rejected by CRA (update)

We have received reports of the CRA rejecting authorization requests for both personal (AuthRep) and business (AuthRepBus).

EFILE AuthRep AuthRepBus CRA
CRA Extends Temporary Measure for T183 / T183CORP Electronic Signatures for 2021 Tax Filing Season

The CRA will be extending the temporary administrative measures currently in place to allow electronic signatures on the T183 and T183CORP, as outlined below, for the 2021 tax filing season.

Watch the Latest TaxCycle News Video Now!

Learn about changes to TaxCycle, upcoming webinars and what you need to do to get ready for the T1 EFILE opening in February.

video
Last day to transmit T1 returns and T1 Form T1135 is Fri, Jan 22.

The last day to transmit T1 returns and T1 Form T1135 is at 11:00 p.m. on Friday, January 22, 2021 ET.

CRA Service Interruptions

Several CRA systems will be undergoing annual maintenance from January 22 til February 22. The impacted services include EFILE, ReFILE, T1135, Express NOA, Pre-authorized debit, Auto-fill my return, EFILE online application and transmission web service for authorizing or cancelling a representative.

Renewed your EFILE account? Enter your password now.

CRA EFILE closes on January 22, 2021 for annual maintenance. The service reopens on February 22, 2021.

EFILE
TaxCycle 10.0.41708.0—2020 Slips Filing and T1/TP1 Preview (Revised)

Ready for filing 2020 slips with the CRA when systems open on January 11, 2021. Preview forms for 2020 T1/TP1 returns. Changes to options and the template editor.

release notes templates slips options profiles options T1 TP1 T2
Slips Returns Webinars@2X (2)
Slips Returns in TaxCycle—Webinar Series (Starting Today)

Get ready to file slips with our three part slips returns webinar series.

webinars
TaxCycle 10.0.41387.0—T2 and AT1 (Revised)

In this TaxCycle release, T2 and AT1 corporate tax returns are certified to support tax year ends up to May 31, 2021.

release notes T2 AT1 EULA
RESOLVED: T2 S100 Out-of-balance Review Message

In version 10.0.41290.0 of TaxCycle T2, a review message incorrectly appears on Schedule 100 warning that total assets is not equal to the total liabilities and shareholder equity.

known issue t2 GIFI
RESOLVED: Error Generating T1135 XML

EFILE transmission of the T1135 fails in version 10.0.41290.0 of TaxCycle T2 due to an error generating the XML file.

t2 t1135 known issue
Revised: TaxCycle and DoxCycle Software Licenses

We recently updated the TaxCycle and DoxCycle License Agreements.

Updates to Trilogy Software's Privacy Policy

We've updated our Privacy Policy. These changes were published on December 2, 2020 and come into effect on January 1, 2021.

legal privacy
Sign up for TaxFolder E-signatures at the Introductory Price Now

Available January 2021! E-signatures and more, from the makers of TaxCycle. Introductory pricing available now for the 2020-21 tax year. Limited to the first 500 firms. Don't miss out!

TaxFolder
TaxCycle 9.2.41025.0—Import GIFI from Sage Accounting

This release lets you import GIFI from Sage Accounting into corporate and partnership returns.

release notes Sage GIFI AgriStability GIS T2
New Video: Client Manager Reports

Choose which columns show and set the order in which they appear. Then, save that layout to use it again. Associate it with a Quick Search to see results in the same way every time and use those same columns in the Excel® export.

Video
New Video: Prior Year Returns

If you need to prepare multiple years of returns, in TaxCycle, you do not have to start with the earliest return and move forward. You can start with the current return and move back if you wish.

Video
TaxCycle 9.2.40541.0—2020 Forms Module

This release rolls over the Forms module to 2020, and updates calculations and templates in other modules.

release notes Forms module
RESOLVED: T2 return, lines 460, 465 and 480 from page 7

Amounts in lines 460, 465 and 480 from page 7 of the T2 return are not being submitted to the CRA or included in the T2 barcode printout.

DoxCycle 9.0.40243.0—Link with 2020 TaxCycle Returns

This DoxCycle release adds support for creating files linked with 2020 TaxCycle returns.

release notes DoxCycle
Look What You've Done for TaxCycle This Year

Many of the enhancements to TaxCycle over the past year were inspired by your suggestions and feedback.

Revenu Québec extends electronic signatures until further notice

RQ has announced that electronic signatures have been extended until further notice for forms MR-69, TP-1000.TE, CO-1000.TE and TP-64.3

End of Support for IE11 for QuickBooks Authorization

Starting September 8, 2020, you must use a browser other than IE11 when signing in to connect TaxCycle with QuickBoooks® Online.

Electronic signatures for the T183/T183CORP

The CRA will continue to recognize a T183 and T183CORP that contains an electronic signature as having met the signature requirements of the ITA as a temporary administrative measure for the remainder of the filing season.

Canada Emergency Wage Subsidy (CEWS 2.0) Estimator

Video Tax News recently announced the launch of the CEWS 2.0 Estimator. Created in partnership with Punchcard systems and the COVIDcontinuity.com volunteer project.

RESOLVED: AT1 Schedule 1, SBD Rate Should Be 0.06 as of July 1, 2020

In TaxCycle T2, on the Alberta AT1 Schedule 1, the small business deduction rate should be 0.06 effective July 1, 2020.

known issue
TaxCycle 9.2.39956.0—2020 T5013

This release rolls over the T5013 module to 2020 for early data entry. It also includes other requests and fixes.

release notes carryforward T5013
New 10% Temporary Wage Subsidy Self-identification Form for Employers

The CRA has released a new form for self-identifying as an employer claiming the wage subsidy, the PD27. We will include this form in TaxCycle T4 in an upcoming release.

CRA COVID-19