Two tax forms are not better than one

By  External Author |   | Posted in " Professional Accountant, Tax consultant "

On May 15, 2021, my life and the lives of all accountants and business owners in Ontario changed forever — and not for better. The federal government announced that the Canada Revenue Agency would no longer collect the “Schedule 546 Corporations Information Act Annual Return” for Ontario corporations as part of the T2 income tax return.

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Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Neal Winokur

Original Article Posted on:  November 9, 2021  

Link to Original Article:  https://financialpost.com/opinion/two-tax-forms-are-not-better-than-one