2023 PERSONAL INCOME TAX

We would like to thank you for your trust in our 2023 personal tax filing services.  Pls be aware of the following matters to make sure your 2023 tax is properly followed up and ready for 2024 tax filing.

1) Register for CRA account

Please follow this link to register an online CRA account for yourself and your family if you don't have one.

https://www.canada.ca/en/revenue-agency/services/e-services/digital-services-individuals/account-individuals.html

2) Obtain 2023 Tax Assessment Notice (NOA) from CRA. 

If you have login to your online CRA account, pls download your 2023 NOA for your reading of your 2023 income, tax, instalment requirement, RRSP limit, TFSA limit,...  to make sure you have no risk of tax compliance.

3) Tax installment for 2024

Should your 2023 tax payable is more than $3,000, you will be requested to install 2024 tax under a schedule provided by CRA in your 2023 NOA.

4) Frequently check of CRA mails

Pls keep watching your CRA account and mailbox to make sure you will catch

5) Prepare for 2024 Tax filing season

There are a lot of changes in 2024 tax rules, especially Investment and Property related.  You could follow our emails and social media to update the most updated changes.  And you can also book us an appointment to plan for your 2024 tax.

https://www.facebook.com/Nam.Tran.CPA/

We would like to wish you a very good year !