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TaxCycle featured in CPA Pivot Magazine
Read the story below to find out how Cameron has shaped over 30 years of Canadian tax software.
RESOLVED: Incorrect calculation of T2 Schedule 31 Part 15 amount AA2
TaxCycle T2 is currently incorrectly calculating the amount to be the sum of Z2 and I2.
TaxCycle install blocked by Windows® Defender
We have received reports of Windows® Defender blocking the installation of the latest TaxCycle release, version 9.0.37638.0.
T1013 form discontinued this year, but you can still transmit authorization requests from TaxCycle
The Canada Revenue Agency (CRA) has announced that the existing T1013 form will be discontinued starting in February 2020.
End of direct deposit when paper filing 2019 T1s. EFILE and use the TaxCycle T1DD worksheet.
The option to enroll for direct deposit through the T1 paper return has been removed for the 2019 tax year.
RESOLVED: T5013-FIN with new assets in 2019 rejected when electronic filing
CRA rejects T5013-FIN returns with 2019 tax year-ends that have AII for CCA.
RESOLVED: Auto-fill My Return (AFR) Not Working
An issue was discovered that required CRA to temporarily suspend AFR downloads initiated from TaxCycle T1.
RESOLVED: Cannot Download 2018 AFR Data
It is not currently possible to download 2018 tax data from Auto-fill my return (AFR) into TaxCycle T1 2018.
RESOLVED: Medical Expenses Field Code in 2019 T1 Client Letters
The Medical Expenses section on the 2019 T1 client letters does not show because it refers to the S1 instead of the T1 jacket.
RESOLVED: Cannot File a T1135 with Dec. 31 Year End from TaxCycle T5013
The CRA currently rejects T1135s electronically filed from TaxCycle T5013 if the partnership has a fiscal period end of December 31, 2019, or later.