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Webinar: Auto-fill my return (AFR)

In this FREE webinar, Cameron Peters, founder and CEO of TaxCycle, will show you how to electronically file client tax returns using the CRA’s EFILE system in TaxCycle.

webinar cpd AFR
Webinar: EFILE and Express NOA

In this FREE webinar, Cameron Peters, founder and CEO of TaxCycle, will show you how to electronically file client tax returns using the CRA’s EFILE system in TaxCycle.

webinar cpd EFILE
How to Request a T2 Web Access Code (WAC)

You can use a Web Access Code (WAC) to file a T2 return until you pass your suitability screening.

EFILE WAC T2
Ten Options to Review Before EFILE Opens

Set your TaxCycle options before the EFILE systems open in February. Review your options now to save time later.

options
TaxCycle 12.0.49042.0—2022 CO-17 Forms

Revenu Québec has approved TaxCycle T2 to support the filing of Québec CO-17 returns with new and updated forms.

release notes CO-17 T2
CRA System Maintenance: Jan. 20 @ 11:59 pm ET until Feb. 20 @ 8:30 am ET

Some CRA systems will be undergoing annual maintenance from 11:59 p,m. on Friday, January 20, 2023, until 8:30 a.m. on Monday, February 20, 2023, (ET)

Now Available! T2125 and T776 GIFI Import From Xero

You can now import data from Xero into T2125 Statement of Business or Professional Activities and T776 Statement of Real Estate Rentals in TaxCycle T1. 

Renewed your EFILE account? Enter your password now.

CRA EFILE closes on January 27, 2023 for annual maintenance. The service will reopen at the end of February 2023 (date to be confirmed by the CRA).

EFILE CRA
TaxCycle 12.0.48916.0—2022 Slips Filing

Ready for filing 2022 slips with the CRA when systems open on January 9, 2023. T3010/TP-985.22 and T5013/TP-600 returns also ready for filing.

release notes slips RL T2 T3 T5013
TaxCycle 12.0.48838.0—Minor Updates

This version of TaxCycle includes updates to resolve issues discovered since the last major release.

release notes .NET
RESOLVED: T2 T1134 and T106 FRRMS Submit e-Documents

Transmission failure when attempting to transmit supporting documents via T2 T1134 and T106 FRRMS Submit e-Documents.

known issue T2 T1134 T106
TaxCycle 12.0.48763.0—Major T2/AT1 Update (2nd Revision)

Extends the supported corporate tax year ends for T2 and AT1 returns up to May 31, 2022. Automatic calculation of immediate expensing of CCA.

release notes T2 CO-17 AT1 CCA immediate expensing T2125 Xero .NET
Watch On-Demand: Auto-fill my return (AFR)

Watch our Auto-fill my return video to learn about time-saving features exclusive to TaxCycle T1 that make Auto-fill my return (AFR) even more useful and efficient.

RESOLVED: Logo and Signature Broken in Templates

TaxCycle version 12.0.48650.0 cannot display logo and signature images in templates when referenced from Options.

known issue
Save on Your TaxCycle Licenses When You Add Xero Subscriptions

You can qualify for shared pricing benefits by using both TaxCycle and Xero.

DoxCycle 12.0.48656.0—.NET 6 Upgrade

This DoxCycle release adds support for the latest .NET 6 upgrade in TaxCycle.

DoxCycle release notes .NET
Online Conference Recordings Available On-Demand

Find out about features and enhancements in development for the coming tax season. Learn about the tax changes coming to TaxCycle this year. Answer the polls in each session to qualify for CPD credits.

online conference, cpd
New Client Activation Step in the CRA Business Consent (AuthRepBus) Process

Starting October 17, 2022, the Canada Revenue Agency (CRA) process for authorizing a new representative for business accounts will include an additional step.

CRA EFILE T2
Known Issue: Cumulative Update Preview for .NET Framework 3.5 and 4.8.1 for Windows 11, version 22H2

TaxCycle may generate a fatal error after installation of October 25, 2022-KB5018341 Cumulative Update Preview for .NET Framework 3.5 and 4.8.1 for Windows 11, version 22H2 (microsoft.com)

known issue
It's Time to Retire Windows® 8

Windows 8.1 will reach the end of support on January 10, 2023.

TaxCycle 11.2.48375.0—New T2 Schedule 8 (Revised)

This version of TaxCycle T2 includes the CRA’s new version of Schedule 8 and transmits the table in Part 1 and question 105 to the CRA when you file the return.

release notes T2 TaxCycle carryforward
RESOLVED: CRA AuthRep Disruption

We have received reports from TaxCycle users of errors occurring when attempting to transmit an AuthRep request to the Canada Revenue Agency (CRA).

known issue
RESOLVED: Gross eligible farming expenses are not being calculated on T2SCH63

When a corporation has permanent establishments in more than one jurisdiction, gross eligible farming expenses are not being calculated on T2 Schedule 63.

known issue T2 Schedule 63
TaxCycle 11.2.48205.0—T2 Immediate Expensing

This release is the first version that includes immediate expensing in TaxCycle T2.

release notes T2 T1
TaxCycle 11.2.48021.0—Optional Download, TaxFolder Changes

This TaxCycle release contains enhancements to support the lastest TaxFolder update.

release notes TaxFolder
TaxFolder Update (Sept. 12, 2022)—French Email Notifications

Expanded document states. French notifications for clients. Language preference.

release notes TaxFolder
RESOLVED: TaxFolder Signature Status for T1032

TaxCycle marks form T1032 as signed after TaxFolder receives the electronic signature from only one taxpayer. It should only show a signed status once both taxpayers sign the form.

known issue TaxFolder
Xero Webinars
Why cloud, why Xero?

Learn the basics and benefits of cloud technology and see how Xero can help you to be more efficient with your time and resources.

TaxCycle 11.2.47721.0—Minor Updates

This version adds a few smaller updates and addresses recently reported customer concerns.

release notes
Resolved: 10% Supplement Not Added to Spouse's CAIP

We have learned that some clients are not receiving the additional 10% supplement for residents of small and rural communities.

known issue