TN CPA

02/15/2026

🐎 Happy Year of the Horse! 🐎
Wishing you a 2026 full of speed, strength, and success. Happy Lunar New Year to all our wonderful TN CPA clients! Year

🐎 Chúc Mừng Năm Mới Bính Ngọ! 🐎
Kính chúc quý khách một năm mới tấn tài tấn lộc, mã đáo thành công và dồi dào sức khỏe. Chúc mừng năm mới từ gia đình TN CPA!

02/09/2026

To TN CPA's tax clients,

2025 Tax season is officially here, and we want to ensure you are fully prepared for a smooth filing experience.

🎥 Watch & Learn
We’ve put together a presentation video covering everything you need to know for your T1 filing this year. From new credits to common pitfalls, make sure to give it a watch before you start!

https://youtu.be/1i4UnULvx_g

🗓️ Key Deadline
- February 23, 2026: 1st day to EFILE
- April 30, 2026: deadline for most individual T1 Income Tax returns
- June 15, 2026: deadline for self-employed but any taxes owing are still due by April 30!

📝 Maximize Your Return
To ensure the best possible results and that no deduction is left behind, please download and use our Latest 2025 Tax Checklist. It’s designed to help you organize your documents quickly and accurately.

https://tncpa.ca/images/pdf/2025ptc.pdf

Questions? Our team is here to help you navigate the numbers.
📞 [email protected]
🌐 www.tncpa.ca

12/06/2023

Canada Dental Benefit is intended to help lower dental costs for eligible families earning less than $90,000 per year. Parents and guardians may be eligible if they pay for dental care for a child under 12 years old who does not have access to a private dental insurance plan.

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/dental-benefit.html

Remember to apply before June 30, 2024 from personal CRA account portal.

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/dental-benefit.html

11/22/2023

CEBA loan $40,000 repayment date was extended to January 18, 2024 for business owners enjoy the forgiveness amount of $20,000. After this date, business owners will need to repay fully $60,000, probably no excuse. Pls pay attention.

Some figures related to CEBA loan program:
Number of business approved: 898,271
Total fund approved: $49.2 billion

The Canada Emergency Business Account (CEBA) will provide interest-free loans of up to $40,000 to Canadian small businesses and not-for-profits.

11/06/2023

Is Gifting Capital Property a Disposition in Canada?

https://www.tncpa.ca/blog/is-gifting-capital-property-a-disposition-in-canada

Follow our blog for many other interesting tax information.

When you gift a capital property to someone, it is treated as if you have sold the property at its fair market value

04/12/2023

TN CPA xin chia sẻ vài điều cần lưu ý:
1. UHT chỉ nhắm đến các đối tượng Affected owners sở hữu nhà Residential, các investors sở hữu nhà Commercial có thể yên tâm đứng qua 1 bên, chờ loại thuế khác 🙂
2. Các Affected owners bao gồm: cá nhân là non-residents (including students, work permit), private corporations, trusts, và partnerships. Tất cả các đối tượng khác không cần phải submit UHT chi cả.
3. Deadline để các affected owners submit UHT returns là Apr 30, penalty submit chậm là cực kỳ nặng, (dường như là) nặng nhất trong các loại thuế, $5k-$10k/case.
4. Hầu hết các clients TN CPA process và submit đều được 100% exempt from UHT. Chỉ lưu ý các non-resident investor cần chuẩn bị đầy đủ giấy tờ, hợp đồng cho thuê, sẽ rất quan trọng.
5. Trong hoàn cảnh giấy tờ, thuế má ngày càng phức tạp, các non resident investors cần lưu ý đến với accountant ngay từ ngày đầu chuẩn bị đầu tư, đừng chờ đợi đến khi bán nhà, khai thuế, … sẽ mất rất nhiều thời gian, công sức, và rủi ro
Vài dòng chia sẻ hy vọng giúp ích cho mọi người. Good luck everyone 
www.tncpa.ca

02/09/2023

,
FYI - The Canada Revenue Agency’s EFILE, ReFILE and T1135 web services are now closed for the electronic filing of your clients’ initial and amended (T1) personal income tax and benefit returns and T1135 forms for T1. These services will re-open on Monday, February 20, 2023, at 8:30 a.m. (Eastern Time).

EFILE for electronic filers