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TaxCycle Year-End Sale: Best Deals for the 2024-25 Tax Season

Save big with TaxCycle! Now through December 19th, enjoy the best pricing, flexible payment plans, and upgrade bundles for the 2024-25 tax season

sale
TaxCycle and the New Capital Gains Inclusion Rate

We plan to incorporate the new rate into the next TaxCycle T2 update, expected in early December.

T1 T2 T3
Upcoming Webinars News@2X (2)
Upcoming TaxCycle Webinars

Upgrade your tax skills with TaxCycle’s expert-led webinars.

Katy Takaoka's Favourite TaxCycle Features - Video

Discover how TaxCycle’s pre-season checklist, custom fields, and SlipSync transformed Katy Takaoka's practice—saving time and enhancing client service.

Video SlipSync
News Item AMA Webinar V.6 (1)
The TaxCycle Ask Us Anything Webinar is Back!

Join the TaxCycle Ask Us Anything webinar on November 27th to get live answers to your TaxCycle questions. Submit yours today!

Bare trusts are exempt from trust reporting requirements for 2024

The CRA just introduced new reporting requirements for trusts.

bare trusts T3
Unmatched Support: A Customer’s Experience with TaxCycle - Video

Enjoy fast responses, personal calls within 24 hours, and detailed, step-by-step guidance that truly sets us apart. See why our support makes all the difference.

video
CRA Slips Internet Filing Interruption

The CRA will shut down its electronic filing systems for slips from December 2, 2024, to January, 13, 2025.

CRA systems maintenance EFILE slips
TaxCycle 14.0.54700.0—.NET 8 Update, Forms Rollover to 2024

This release updates TaxCycle to use .NET 8 and rolls over the Forms module to 2024.

release notes Forms module .NET Accelerated CCA templates
Renewed your EFILE account? Enter your password now.

CRA EFILE closes on January 31, 2025 for annual maintenance. The service will reopen in late February 2025.

EFILE CRA
RESOLVED: T2 AFR Error

Attempts to request data using AFR for T2 returns are resulting in error 026.

known issue T2 AFR
RESOLVED: T2 CCA for Productivity-Enhancing Assets

Additions in CCA classes 44, 46 and 50 acquired after April 15, 2024, are resulting in 100% of CCA being claimed.

known issue T2
DoxCycle 13.2.54409.0—Resolved Issues

This update resolves issues discovered since the last DoxCycle release.

RESOLVED: T1 and T2 EFILE and AFR Errors

Attempts to EFILE or request data using AFR for T1 or T2 returns are failing.

known issue EFILE AFR T1 T2
RESOLVED: Error Printing the T1 Summary

TaxCycle version 13.2.54367.0 is failing to print the T1 Summary in the T1 2023 and 2024 modules.

known issue T1
TaxCycle 13.2.54367.0—T1, T2 and T5013 Updates, SERs for Individuals in TaxCycle Forms

This release includes updates to TaxCycle T1, T2 and T5013. It also adds SERs filing support for individuals using EFILE in TaxCycle Forms.

release notes T1 T2 T5013 SERs
TaxFolder Update (September 18, 2024)

On September 18, 2024, we deployed an update to TaxFolder that resolves issues discovered since the last release.

release notes TaxFolder
RESOLVED: Incorrect Signature Placement in TaxFolder

When creating a new signature or approval request in TaxFolder, the signature and date fields are not positioned correctly when dragged onto the document.

known issue TaxFolder
DoxCycle 13.2.54216.0—OCR Update

This release updates DoxCycle’s OCR technology. Older versions of DoxCycle will no longer support OCR after August 31, 2024.

release notes DoxCycle
Data Mining Now Available!

Data Mining lets you unlock powerful queries to search the data in your tax return files and export the results for further analysis.

data mining
Alberta Wildfires: Waivers of Penalties and Interest

The Government of Alberta is taking action to support individuals and businesses operating in areas impacted by recent wildfires.

RESOLVED: TaxFolder Buttons Do Not Appear after Chrome Update

The Reassign and Complete buttons on the In Progress tab in TaxFolder do not appear after the latest Google Chrome update.

known issue TaxFolder
DoxCycle 13.2.54027.0—Resolved Issues

This version of DoxCycle resolves issues discovered since the last release.

release notes DoxCycle
EFILE Error 2252: HBP Repayment Amount Cannot be Less than the Required Minimum Amount

We are aware that TaxCycle users may have encountered EFILE error 2252 more frequently since mid-June than earlier in the tax season. This is due to a discrepancy between the HBP reimbursement amount entered in the tax return and the amount that the CRA has on file.

known issue EFILE error EFILE CRA
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Start Your Best Tax Season with TaxCycle’s Summer Bundle!

TaxCycle’s Complete Tax Suite + TaxFolder bundle is more than just software—it’s your all-in-one solution for faster, accurate, and more secure tax preparation. Our summer sale brings you the best price of the year, coupled with flexible, no-fee, 5 or 12-month payment plans.

New Blog Protax Community Updates 2024 (1)
ProTax Community Updates 2024: Elevating Your Experience with TaxCycle

Stay updated with the ProTax Community in 2024! Explore our significant growth, new features, and enhanced user experience with TaxCycle. Join over 1400 active tax professionals and elevate your tax preparation skills. Sign up today!

DoxCycle 13.2.53908.0—.NET 6 Upgrade

This release upgrades DoxCycle’s technology to .NET 6 and converts DoxCycle to a 64-bit only application.

release notes DoxCycle
TaxCycle 13.2.53840.0—2024 T1/TP1 and T5013/TP-600 Modules (Revised)

This release adds the 2024 T1/TP1 module with forms in preview mode, rates and calculations for 2024 personal tax returns. It also updates the T5013 module for 2024.

release notes T1 TP1 T5013 data mining
TaxFolder Update (July 2, 2024)

On July 2, 2024, we published an update to TaxFolder that includes several improvements and fixes.

release notes TaxFolder
CRA: Issues Transmitting Manitoba T2 Returns

The CRA is currently experiencing a technical issue that may prevent some Manitoba corporations from filing their T2 corporation income tax return.

known issue CRA T2 EFILE EFILE error