Monday, April 16, 2012

Everything?

Today, I'll get back to writing about my daily life, here on Life with Lynnie (LwL)!

Last week, in addition to doing stuff I normally do, I made every effort to work on compiling information needed for me to remit my Income Tax form for 2011.  All I can say about this, is YUCH!!! 

Okay, so it's not really that bad!  :)

Still, I don't know anyone who likes to do this sort of thing.  After all, it takes hours and hours of work, just to compile the information required, when you are self-employed, like me!

In addition, I spent almost all of the morning of last Friday, on the telephone.

Calling Canada Revenue Agency (CRA), at this time of year, is not one of the most fun things to do.  Especially, since it is tax time.  Believe me when I say I am grateful for a redial link on my telephone, for after receiving a busy signal time after time, one begins to become weary.

Of course, you may not live in Canada, or USA for that matter, and you may or may not even understand what tax time is!  I realize that in some countries, people don't experience what we do, here in North America.

But, we who live here, must file documents with our government, once annually.  Confirming our income and deductions, and reconciling our tax account, which ultimately determines the amount of tax we are obligated to pay for any given year.  In this case, it's 2011.

A few years ago, before my husband Gordon died, we had a problem with CRA.  Gordon's employer was such a large corporation, that they didn't send one T4 or one T4A; instead, there were multiples sent out. 

The biggest problem for us, was that we never received a list of exactly how many were issued by his employer.  Even though I had spent several hours on the phone with CRA, concerning his early retirement information, it was never divulged to me that we did not have in our possession, all the government required info.

After filing our tax returns, we were notified that we had not submitted all the required info.  Consequently, a fine was issued in the amount of $4,800.  Please understand, this was not tax due, for if it had been, a refund would have been sent to us.  No.  This was a fine, for not including all info, required.

Yes, we appealed.  Yes, we won the appeal.  However, we still had to pay interest on the amount of the fine, even though in the end, we were not required to pay the fine.  In addition, we were also told that we should not submit our tax forms until near the deadline time.  April 30th every year, is the deadline.

We were also told to call and confirm with CRA, that we received all info that was also submitted directly to CRA.  So, now I'm sure you can understand the necessity of my call.  Or maybe I should say, calls.

Calls made to one number, then transferred to another government agent, then in the end, having to call another branch.  Be still my heart!  Talk about frustrating!

Even so, I now know that I have in my possession everything that CRA currently has.  Of course, this could change, right up to the end of June, apparently. 

No; I won't hold my breath.  Instead, I'll trust God that everything is in order.  And, even though I haven't yet completed the actual tax forms, at least I have now compiled all the info I require.  Praise God!  Thank You, Jesus!


Until next time...

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