In versions 9.2.39507 and 9.2.39565, TaxCycle T2 does not claim a net capital loss carryforward on line 332 of the T2 return when there is a taxable capital gain in the current tax year.
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.
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.
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.
