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Jack_Canada
Level 6

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16/3/22

 

Hi Joe,

 

It's a very good point: "worse when the senior is no longer independent and the family has to sort things out." Some seniors have not physically been in my office for years and their families have been bringing their receipts. As to the $500 payment, even those who have brought me T4A slips were not aware  of ever getting such a payment, as it was simply deposited in their account. Some have even denied ever receiving it!

 

However, the good news is that more and more of my clients are finally getting the CPP/OAS slips. Yet I have noticed a rather significant drop in my business due to this issue (as well as due to the war in Ukraine) and I expect to be extremely busy during the second half of March and in April. I always wish the tax filing deadline were on May 15 or so!

 

Jack