Minerva H. Garcia Accounting & Tax Services Inc.

Minerva H. Garcia Accounting & Tax Services Inc. Appointment base. Office hours 10-6 PM weekdays.

02/19/2025

Home Buyers' Plan (HBP) withdrawals
The HBP withdrawal limit has increased from $35,000 to $60,000 for withdrawals made after April 16, 2024. In addition, temporary repayment relief was introduced to defer the start of the 15-year repayment period by an additional three years for participants making a first withdrawal between January 1, 2022, and December 31, 2025. Accordingly, the 15-year repayment period will start in the fifth year following the year that the first withdrawal was made.

02/19/2025

Business mail is going online

Get ready for online mail for business

Starting in spring 2025, the Canada Revenue Agency (CRA) will transition to online mail as the default method of delivering most business correspondence, reflecting the CRA’s ongoing commitment to enhancing service delivery. This means your business clients will stop receiving paper mail and will start receiving most of their notices and other correspondence through the CRA’s secure online portal, My Business Account.

This change applies to all:

new business number and program account registrations
existing businesses registered for My Business Account
businesses who have a representative that accesses the CRA’s services on their behalf through Represent a Client
Businesses can prepare for this change by signing in to or registering for My Business Account and ensuring their account includes an up-to-date email address. Adding an email address allows the CRA to send notifications when important changes are made to your clients’ account and to alert you when there is new mail to view in My Business Account. Your clients can have up to three email addresses on file for each program account, and can also add you or other authorized individuals.

If your business clients are not ready to make the switch to online mail, they’ll need to make a request to activate paper mail using form RC681 – Request to Activate Paper Mail for Business to the CRA or through My Business Account starting May 2025.

For more details, you and your clients can go to canada.ca/cra-business-mail-online.

Address

70 Howling Crescent
Ajax, ON
L1S7P1

Opening Hours

Monday 10am - 6pm
Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 6pm
Saturday 10am - 5pm

Telephone

+16479095994

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