Bighorn Accounting Ltd.

02/19/2026

If you have not already signed up for a MYCRA account you need to.

Going forward a lot of slips won't be mailed to you and you will need to print off your MYCRA account. We can not add direct deposit or change banking information on returns. You can change this on CRA account along with printing notice of assessments.

Here is the link :

How to register for My Account for individuals, My Business Account and Represent a client to get access to the CRA sign-in services.

02/19/2026

We have had questions about the Carbon Tax rebate & GST, here is the answer to this question:

No, there will be no new quarterly Canada Carbon Rebate (CCR) payments in 2026, as the program for individuals ended in April 2025 after the federal fuel charge was scrapped; but new 2026 payments are gone, replaced by a new Canada Groceries and Essentials Benefit which is included in the GST if you qualify for it.

Send a message to learn more

05/13/2025

CRA TO AUTOMATICALLY ENROLL BUSINESSES IN ELECTRONIC MAIL

CRA is beginning a new policy of automatically enrolling businesses to use the CRA electronic mail system as their default method of communication. The policy takes effect May 12, 2025 for new businesses and new account registrations. This policy takes effect June 16, 2025 for most existing businesses, which means that if you want to continue to receive paper mail correspondence from the CRA you need to act immediately for any and all businesses you are affiliated with. This policy will apply mainly to corporations, but also to certain individuals, trusts, partnerships, and other entities that have business accounts with CRA.

There are two methods available for opting out (make sure you repeat these steps for each of your businesses):
1. Complete the RC681 form and send it to CRA as per the instructions on the form. Please note that CRA can legally take up to 30 days to process this request.

2. If you have My Business Account access, you can request paper mail via your online account. Log in, go to Profile, and then Manage Mail for My Business.
Please also note, this request for paper mail to continue must be renewed every two years.

We strongly encourage you to ensure your communication preferences are appropriate for your needs, as many communications and notices from CRA have very rigid deadlines for response.

03/25/2025

If you are looking for a Bookkeeper give Miranda a call or email!

03/19/2025

After March 24th, 2025, we can no longer add your direct deposit information on your tax return when filing. You must sign up for a MYCRA account and add it to your account this way.

Send a message to learn more

03/18/2025

FYI:

One final Carbon rebate will be issued.

Please note that July, October and January 2026 payments will not be issued as they say on your tax return.

02/03/2025

Current Inclusion Rate Maintained Until 2026: The capital gains inclusion rate will remain at 50% until January 1, 2026.
Future Increase: Starting January 1, 2026, the inclusion rate is set to rise to 66.67% for:
Individuals with annual capital gains exceeding $250,000.
All capital gain realized by corporations and most trusts

Send a message to learn more

01/30/2025

The Canada Revenus Agency requires every business to set up a MYCRA account as they are not mailing any business related forms in the mail this year. Here is the link to set it up.

Sign in or register for My Account, My Business Account or Represent a Client with the CRA, and get help with using the CRA sign-in services.

01/23/2025

For 2025 every individual filing a tax return needs a MyCra Account. Notice of Assessments will no longer be mailed out to most. It takes about five minutes to sign up, will need your 2023 Tax Return. This will help you find any missing slips to file your tax return and see what your government payments are, GST, Child Tax etc.

A code will be mailed in 5-10 business days.

How to register for My Account for individuals, My Business Account and Represent a client to get access to the CRA sign-in services.

11/29/2024

If you haven’t set up a MyCRA account yet then you’d better add it to your list of things to do.