This DoxCycle release adds the import of zip files into DoxCycle and the year 2021 to Folder options.release notes DoxCycle
The 2021 federal budget proposes to provide temporary immediate expensing to CCPCs. We will update TaxCycle T2 as soon as draft legislation becomes available.T2 CO-17 CCA
Not everyone likes having those preview modules front and centre in TaxCycle when they don’t use them most of the time.
In version 10.2.43808.0, T3 Schedule 11 may miscalculate the tax owing. This issue only affects 2021 T3 returns.known issue T3
The CRA recently updated the T2 guide with a new position on how to report COVID-19 assistance for a corporation on Schedule 125 and Schedule 1. Here's how to make these entries in TaxCycle T2.
In version 10.2.43796.0 only, electronic filing is disabled in TaxCycle T1 for years 2020 and earlier.known issue T1 TP1 EFILE
RESOLVED: Revenu Québec is currently experiencing an issue with electronic filing Québec CO-17 corporate income tax returns.known issue CO-17 Revenu Québec
Provincial government assistance on line 513 of the T661 is not calculating for AT1 AS29 (Alberta Innovation Employment Grant)known issue
For farming and fishing corporations, corporate linking inadvertently removes association and relationship codes on the CGI (Corporate Group Information) worksheet.known issue
In version 10.2.43455.0 (released May 31, 2021), the buttons are missing from the Data menu in the latest module of TaxCycle T2.known issue T2
Version 10.1.42835.0 introduced an issue where line 104 in section 10 of CO-771 may not calculate correctly.known issue T2
Join our team! We're looking for an experienced accounting professional to help us create quality tax software by researching tax legislation and implementing government changes.job postings career
As of May 15, 2021, the CRA will no longer collect annual information returns (S546, S547 and S548 and form RC232) on behalf of the Ontario Ministry of Government and Consumer Services.T2 T3010 Ontario
Check out these tips to help you request TaxFolder signatures on a T1 personal tax return for a deceased taxpayer, from the executor or legal representative of the estate.TaxFolder