You probably aren’t an expert on all the details concerning your taxes and all the affairs that surround them, but there’s no need to worry because that’s what we’re here for. We’ve got all the important information and professionals you need to help you get your taxes done right.
In the Income Tax Act S. 142(4.2), it states that you can request an adjustment to your tax return. You can do this if you have filed your return and then you determine that you need to have a change made, due to another T-slip or an unclaimed expense that was discovered to be deductible.
There is a time limit for filing most or your tax return adjustments by mail. The limit is 10 years and if you have a late or an amended pension splitting election, you will be granted a 3-year time limit.
Also, by mail or online, you are able to request the change for the tax recent that was most recent or for the past 9 tax years, In the year 2015, you are allowed to request a change for the year 2005 or for other taxation years that were later than that.
It may take about 2 weeks for your online request to be processed and about 8 weeks for your mailed request to be processed. Then, the CRA (Canadian Revenue Agency) will send you a reassessment notice that shows you your tax return was altered or they will send you a letter informing you of why the changes that you had requested were denied.
If you are looking for a professional accountant to do your taxes in Canada, then you have come to the right place as we are tax experts in Kingston Ontario and we can help process your income tax return quickly while maximizing the tax return you will receive. Our decades of income tax filing experience can help you with your personal and business taxes in Kingston. Remove the headache from taxes and let our skilled tax consultants handle your accounting and bookkeeping to process smooth tax returns for you. Precise, Accurate Instant Tax Refunds Since 2002.
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