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Tip of the Week
For the 2017 filing season, Canada Revenue Agency (CRA) is providing a new service. It is called express Notice of Assessment (NOA). This is a document that you receive from CRA once your return has been filed. In the past it has arrived in the mail, a few weeks after your return was accepted. This year the NOA will be available in your tax software immediately after you file and will not be mailed to you. To use the Express NOA service you must be registered with My Account, be registered for online mail and be using Netfile – certified software that offers the service. The CRA website has a listing of certified software. The benefit here is that you will know immediately if CRA disagrees with anything you have included on your return. Also, you will have a NOA to show to lenders and others that want to see that document.