So I spoke with the CRA individual enquires telephone line people for the past hour.
I also signed up for a paid dance performance on May 9th.
In 2 days, they will send the PAR report to anyone who wrote the CFE last September.
I was also given a number of documents to read:
Information for Canadian Small Businesses: Table of Contents
and
Business and Professional Income
for my tax client who is self-employed.
Then for my brother, I found out he is definitely self-employed. But then for everyone I know who has not paid their tax, there's a 5% interest rate daily compounded.
So basically, I have to reduce their tax as much as I possibly can by the end of the day. If I could reduce it, make an amendment to change it. Then I can lower any interest they would've had to pay with the original return.
Tax is tough. I also need to make time today to study for the CFE because I will be doing that today!
I'd like to study as much as I possibly can, so I should aim to finish by 10 or 11... and then I'll at least have studied a bit the first day!
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