CRA to focus on collection efforts ahead of tax season, documents show - National | Globalnews.ca

“Recognizing how difficult the pandemic has been, we’ve worked with and will continue to work with individuals who have had financial challenges,” Fragiskatos said. “We’re going to take an empathetic approach throughout.”Pandemic has exacerbated tax-season anxiety, accountant says – Mar 4, 2022

The first wave of the COVID-19 pandemic washed across the country in March 2020 and in the midst of tax filing season.As the economy went into a downward spiral, with three million jobs lost and more having their hours slashed, the government pushed off the filing deadline and collection efforts. That move freed CRA officials to focus on doling out pandemic aid, and aimed to keep more cash in the pockets of Canadians to help them pay the bills.

“It is expected that collections intake will increase as compliance and audit activities resume, resulting in a sharp rise in the tax debt with the upcoming filing season,” officials wrote in the briefing document that was recently made public.The government is recommending anyone filing their taxes try to do so online to speed up processing times. It can take weeks before a paper return is processed and tax return issued.

Fragiskatos said the CRA has posted tax-filing tutorials to YouTube and on government websites to help online filers. “I just encourage people make sure to file by the deadline,” Fragiskatos said. “It’s really important to do so in order to get access to the benefits and credits that are available.”

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CRA looked to resume collection efforts in full ahead of tax season, documents showThe federal minister in charge of the Canada Revenue Agency was told after the election that the agency planned to go full speed on collecting debts just in time for tax season. What's ironic about this is the government went into hiding for months from the public after their failed power grab election If they just focused on the pandemic we'd have been back to normal.. Instead we destroyed socieity pampering the people who already have way too much 😡 🤗 That's a natural feeling of being short of cash...🤭 🤗 Don't we all from time to time?🤪 Trudeau needs more money for lavish photo ops.
Source: CP24 - 🏆 30. / 67 Read more »

CRA looked to resume collection efforts in full ahead of tax season, documents showThe federal minister in charge of the Canada Revenue Agency was told after the election that the agency planned to go full speed on collecting debts just in time for tax season. What's ironic about this is the government went into hiding for months from the public after their failed power grab election If they just focused on the pandemic we'd have been back to normal.. Instead we destroyed socieity pampering the people who already have way too much 😡 🤗 That's a natural feeling of being short of cash...🤭 🤗 Don't we all from time to time?🤪 Trudeau needs more money for lavish photo ops.
Source: CP24 - 🏆 30. / 67 Read more »