Tessko Business & Tax Consulting

I hope you all had a wonderful mother's day weekend. A friendly reminder that the tax deadline for filing your T1 tax returns is June 1st and fast approaching. There is no indication that it will be extended further. We are open for business so call for your appointment before it gets too busy. We are accepting in person drop-offs or virtual drops. After next Tuesday- May 19th, we will resume normal appointments. Call Tessko Business and Tax Consulting at 604 583-1440 to book your appointment now. Thank you for your continued support.

Cross one thing off your to-do list. Are you filing for GST credits or Canada Child benefits? If so, you need to file your taxes as soon as possible in order to receive the enhanced benefits proposed due to Covid 19. Call Tessko to file your income tax and benefit return electronically before June 1, 2020 to make sure your benefits and credits are not interrupted. ... Register for direct deposit on CRA's My Account for the quickest and most reliable way to get benefit and credit payments. Stay safe. Relax and have a stress free home stay.

#ScamAlert If you get a text message saying you received a deposit for the Canada Emergency Response Benefit. Beware it is a scam! Do not reply or click on the link, delete the text and warn others. #COVID19 #EconomicResponse

These are indeed uncertain and unprecedented times. But remember, every dark cloud has a silver lining and this is your chance to thicken that lining and take charge of your mental and physical health so that you come out of this experience stronger. Be safe, be helpful, stay connected and above all stay calm.

Canadians will have one extra month to file their taxes to the Canada Revenue Agency. So instead of an April 30 filing deadline for the 2020 tax filing season, Canadians will have until June 1 to submit their income tax return to CRA. The deadline to pay off any outstanding balances interest-free will also be extended to July 31. Businesses will also have more time to pay their taxes without paying any interest or penalties. The new deadline will be July 31 to pay any corporate taxes or make any scheduled instalment payments that would otherwise be due starting Wednesday.

T1 filing season has officially began. The CRA is ready, I am ready. Are you? Let me take the anxiety away - make an appointment and bring whatever documentation you have and we'll do the rest to optimize your tax savings. Call now - 604 583-1440.

Deadline: You must file your return and pay your taxes by April 30, 2020. If you’re self-employed or have a spouse or a common-law partner who is self-employed, the deadline to file your taxes is June 15, 2020. All taxes owed must still be paid by April 30, 2020. Call now for your appointment. 604 583-1440. We not only file your taxes, we provide tax advise for tax savings. Call now.

It's a good time to consider making an RRSP contribution for the 2019 tax year as the March 2nd deadline approaches.

Taking the stress out of record keeping can provide value to small businesses. Check out these free resources at your disposal. Request a FREE visit here: http://ow.ly/a2e950y8moD

Sharing some helpful tax tips for 2019 tax filing.

Useful information from the CRA. Protect yourself from scammers.