Running a business is difficult; understanding your tax obligations doesn’t need to be.

CRA SOURCE ARTICLE

June 15, 2022, is the deadline for self-employed individuals to file their 2021 income tax and benefit return. The Canada Revenue Agency (CRA) wants to remind businesses that we are here to support you and your business in meeting your tax obligations.

The Liaison Officer Service 

The CRA offers free Liaison Officer services to owners of small businesses and self-employed individuals to help them understand their tax obligations. A visit from a Liaison Officer is 100% confidential: the information you choose to discuss with them will not be shared with other areas of the CRA, or anyone else.

Did you know that the CRA has helped over 17,000 small business owners and self-employed individuals virtually through the Liaison Officer service since the beginning of the pandemic? It has also helped over 69,000 small business owners and self-employed individuals since the start of the program in 2014.

Read about how Steve Kos, a CRA Liaison Officer in the Quebec region, supports businesses in many unexpected ways now and throughout the pandemic. 

How can this service help you?

There are two ways that businesses or self-employed individuals can benefit from the Liaison Officer service:

  1. Personalized visits by phone or online (videoconference)

  2. Webinars for associations or groups

Read about how Janet Avery, a former Liaison Officer in the National Capital Region, helped self-employed artists figure out their tax obligations as circumstances changed almost daily in the pandemic. 

During a personalized visit, a liaison officer will:

  • Answer your tax-related questions and address concerns

  • Discuss common tax errors and financial benchmarks in the small business community

  • Provide information on various online tools and electronic services offered by the CRA

  • Provide recommendations on how to strengthen your bookkeeping system

  • Discuss COVID-19 related measures, if needed

During a webinar, the liaison officer will:

  • Explain common tax errors

  • Demonstrate how to use financial benchmarks for relevant industries

  • Provide information on the CRA’s services

  • Explain general bookkeeping concepts and best practices

  • Discuss COVID-19 related measures, if needed

Read about how Tim Ferguson helps a wide variety of businesses understand their tax obligations and get set up so they can handle these obligations going forward.

Find out more about the Liaison Officer service and request your appointment today.

You can learn more about tax filing, tax debts and payments by visiting the links above or by scheduling a free consultation with us.

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June 15, 2022, is the deadline for self-employed individuals to file their 2021 income tax and benefit return