This tax season the Canada Revenue Agency (CRA) has updated Form T183 to include a date and timestamp – which must be included whenever an electronic signature has been applied to the form.
Manual application of the timestamp represents an additional step in your tax preparation workflow which, over time, after hundreds of returns, amounts to a significant time investment and an interruption in the seamless collection of e-signatures. And, as every manager knows, an additional manual step means additional risk of errors and delays.
There's good news, though, for firms that use Wolters Kluwer's Taxprep, CCH iFirm Taxprep or CCH iFirm Cantax tax preparation software integrated with CCH iFirm Portal or CCH iFirm Digital Signature. The date and timestamp will automatically appear in Section F of a digitally signed T183.
Click here to see how it works – in less than one minute!
Your clients will need your attention and advisory expertise more than ever this tax season. Saving every second adds up to minutes and hours you can spend providing advisory services to enhance client service – and your bottom line.
Read about the CRA’s new requirements for date and timestamps on digitally signed T183 forms here.