Clients claiming the CCR are receiving the rural supplement of 10% instead of the increased amount of 20%. This is because the increase is still pending Royal Assent.
Canada Carbon Rebate CCR CRAThe CRA is erroneously charging some bare trusts a penalty for late filing T3 Schedule 15 after March 30 and before April 3, 2024.
T3 CRAThis version of TaxCycle addresses recently reported customer concerns.
release notes T1 Forms module SERsWhen requesting an electronic signature on the T1032, TaxCycle automatically sends the form to both the principal taxpayer and spouse/common-law partner. This can have unintended consequences.
TaxFolder T1032On April 8, 2024, we deployed an update to TaxFolder that resolves an issue discovered since the last release.
release notes TaxFolderIn TaxCycle T3, the allocation to beneficiaries is incorrectly including foreign capital gains in box 25 (Foreign non-business income) when it is already included in box 21.
known issue T3Learn how to request e-signatures from clients without a first name from TaxCycle and TaxFolder.
TaxFolder e-signaturesThis version of DoxCycle resolves issues discovered since the last release.
release notes DoxCycleTaxCycle is incorrectly calculating the amount on line 160 in Section 10 of the T2 Schedule 63.
known issue T2 T2 Schedule 63We understand why tax preparers want to see e-signature status in the list of returns in the Client Manager, but it would cause other problems.
TaxFolder
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webinar cpdThe CRA just introduced new reporting requirements for trusts.
bare trustsThis version of TaxCycle allows the transmission of multiple jurisdiction returns in TaxCycle T1 2023.
release notes T1 T3 UHT-2900This version of DoxCycle adds Box 15 to the T4A and allows you to manually add Box 11 to the RC210.
release notes DoxCycleThis release rolls over T4/T4A, T5, T5018, T2202 and NR4 slips to 2024.
release notes slips T1 T3 T4 UHT-2900 client managerClaiming an exemption in Part 6 and answering Yes to the question at line line 605 triggers error 1720.
known issue SERs EFILE error UHTOn March 14, 2024, we deployed an update to TaxFolder that includes the several improvements and fixes to customer-reported issues.
release notes TaxFolderThe CRA has updated their guidance on penalty relief for 2023 T3 bare trust returns.
CRA T3 Bare TrustsTo resolve this error, answer Yes to the first-time filer question on the Info worksheet for any T1 return sent to the CRA for the very first time.
EFILE errorFirst-time filer's name and the BC renter's tax credit.
EFILE error T1TaxCycle Forms is certified for electronic filing of the UHT-2900 for corporations and partnerships using the Special Elections and Returns (SERs) transmission service.
UHT-2900 Underused Housing Tax Forms module SERsThis version of TaxCycle adds SERs support to TaxCycle Forms, allowing you to electronically transmit special elections and returns, including the UHT-2900, to the CRA for corporations and partnerships.
release notes T1 Canada Carbon Rebate CCR Forms module SERsDue to an unexpected outage today, Revenu Québec has extended the filing deadline from February 29, 2024, to March 1, 2024.
The CRA opened its EFILE systems this morning. The latest release of TaxCycle is ready for transmitting T1 and TP1 returns to the CRA.
EFILEAll trusts that are required to file a T3 return, other than listed trusts, are required to report beneficial ownership information when filing their annual T3 return by completing Schedule 15. This webinar covers the definition of a bare trust, filing requirements, how to apply for a trust number and how to complete the T3 trust return.
The CRA and RQ have certified TaxCycle T1/TP1, T3 and T5013/TP-600 for filing 2023 returns when EFILE systems open on Monday, February 19, 2024.
release notes T1 TP1 EFILE NetFile T3 T5013 T2 T2 Schedule 63 T2SCH63 Climate Action IncentiveStarting on Monday, February 19th, weekday support hours will be from 7 a.m. to 6 p.m. MT. Saturday support will start on March 2nd be from 9 a.m. to 3 p.m. MT
This version of DoxCycle supports the new box 45 (employer-offered dental benefits) in TaxCycle T4.
release notes DoxCycleThis version of TaxCycle adds new CCB forms and resolves issues discovered since the last release. It also enables Auto-fill my return (AFR) for 2023 T1 returns.
release notes T1 TP1 AFR Auto-fill my return