Once the returns are filed, your work continues as you follow up on the 2023 returns that need adjusting or deal with CRA enquiries and challenges. 

Join Maureen Vance CPA, CA for a discussion of the best practices with respect to dealing with CRA reviews, submitting adjustment requests, filing objections, and requesting relief, as well as some tips for practice management.  We’ll also review some of the 2024 tax changes that could impact your clients. 

TOPICS:

Notices of Assessment (NOA)

• When are notices delivered electronically?
• My Account notification preferences
• Using E-NOA
• Using the Notices feature in Represent a Client
   

Requesting Adjustments and Objecting

• Using Change My Return
• Using ReFile
• Best method for requesting adjustments
• Reassessments
   

CRA T1 Reviews

• Electronic notification of reviews
• Types of CRA reviews
• Most common CRA review requests
• Anticipating and preparing for CRA reviews
• Responding to review requests
   

Objections

• Options for filing an Objection
• Time frames for objections
• CRA Progress Tracker
   

Taxpayer Relief and Voluntary Disclosure

• When relief is available
• Criteria for Voluntary Disclosure
   

Managing your Authorizations

• Multiple representatives
• Cancelling authorizations
• Removing former clients
   

Preparing for Next Tax Season

• 2024 tax changes you should be discussing with your clients
• Status of CRA guidance on various tax issues 
   

LEARNING OBJECTIVES:

• Become familiar with the most common reasons for CRA reviews
• Understand the different methods of requesting adjustments
• Be aware of 2024 tax changes that you can start planning for now
   

MINIMUM REQUIREMENTS:

You will require an Internet connection and a phone/voice connection at the same time. Most attendees use their computer for the audio. Participants are able to submit questions and comments during the session via a Q&A text panel. Terms, conditions, pricing and services subject to change.

TARGET AUDIENCE:

This webinar will be of most interest to accountants and tax practitioners that prepare personal tax returns. 

PROFESSIONAL DEVELOPMENT CREDITS (CPE HOURS):

Wolters Kluwer professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary by association and region. Please consult your provincial association to ensure this webinar meets the continuing professional development standards for your specific situation. 

Registrations for each Live Webinar are available until the start of each program. We reserve the right to substitute speakers in the case of instructor illness. In the event that we must cancel a Live Webinar, all registrants will be notified immediately and given the opportunity to either transfer their registration to another Live Webinar or a Recorded Webinar or obtain a refund. For all Live Webinars that are recorded, participants will have access to the recording for 12 months following the Live Webinar. Partial credit will not be awarded for attendees that are not present for the entirety of the Live Webinar. Credit will not be awarded if an attendee does not answer all of the polling questions (where applicable). Additional credit will not be awarded due to the instructor presenting over the allotted time.

CANCELLATION POLICY:

Due to the costs involved with planning Web sessions, cancellations must be confirmed in writing at least one (1) business day before the beginning of the Web session. If we receive your cancellation notice within the above-mentioned period, you will receive a full refund. No refund will be issued for notices received after the cancellation period.

THIS WEBINAR INCLUDES:

• 12 months to review the webinar recording
• Print version of the presentation slides
• PD Certificate for 2 hours 

PRESENTER:

This webinar is being presented by: Maureen Vance, CPA, CA

Maureen obtained her CA with Peat Marwick Mitchell (a predecessor of KPMG) and joined Taxprep (now part of Wolters Kluwer) in 1985. She completed the CICA In-depth tax course in 1991, and since 2002, she has been a consultant to Wolters Kluwer on tax and compliance issues.

Maureen researches and writes material on tax planning and compliance and presents seminars and webinars on various tax and software topics to accounting firms across Canada. She is a member of the CRA-CPA Canada Technology Working Group, a contributor to the CPA Canada Tax Risk Management Guide, a contributor to the Wolters Kluwer publications Preparing Your Income Tax Returns, Preparing Your Corporate Tax Returns, Preparing Your Trust Returns and Preparing Your Partnership Returns and a frequent contributor to the Wolters Kluwer Canada publication Tax Topics.