October 2010 - The Bulletin Magazine

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DEATH AND TAXES by Ian Hawkins (continued from page 25) Note: As the legal representative, you may wish to appoint an authorized representative to deal with the CRA for tax matters on your behalf. You may do so by completing Form T1013, Authorizing or Cancelling a Representative. As the legal representative, you should provide CRA with the deceased's date of death as soon as possible. You can advise CRA by contacting them by phone, by sending CRA a letter, or by completing and sending a Request for the Canada Revenue Agency to Update Records form. This form is included with CRA’s Information Sheet RC4111, What to Do Following a Death. The legal representative or their authorized representative should also send CRA the following information: • a copy of the death certificate; and • a complete copy of the will or other legal document such as a grant of probate or letters of administration showing that you are the legal representative. You can include this information with the final return if you did not send it right after the deceased's death. As the legal representative, you may want to get a clearance certificate before you distribute any property under your control. A clearance certificate certifies that all amounts for which the deceased is liable to CRA have been paid, or that CRA has accepted security for the payment. If you do not get a certificate, you can be liable for any amount the deceased owes. A certificate covers all tax years to the date of death. It is not a clearance for any amounts a trust owes. If there is a trust, a separate clearance certificate is needed for the trust. To request a certificate, complete Form TX19, Asking for a Clearance Certificate, and send it to the Assistant Director, Audit, at your tax services office. Do not include Form TX19 with a return. Send it only after you have received the notices of assessment for all the returns required to be filed and paid or secured all income taxes (including provincial or territorial taxes CRA administers), Canada Pension Plan contributions, Employment Insurance premiums, and any related interest and penalties. Ian Hawkins is the principal of Mount Albert Tax Company located next to the Post Office on Centre Street, Mount Albert. 28 The Bulletin | October 2010 www.thebulletinmagazine.com
MOTORCYCLE, ATV & SLED SALES & SERVICE 25426 Highway 48, Sutton, ON Phone: 905.722.7200 Toll-Free: 1.877.722.7205 Let LEAF Help You Plant Native Trees and Shrubs in Your Yard LEAF (Local Enhancement and Appreciation of Forests) has officially launched its “Do-It-Yourself Backyard Tree Planting Program” in central and northern York Region. The subsidized program takes the guess work out of planting native trees and shrubs on your property. Residents can take advantage of LEAF’s online workshop that uses videos, worksheets and fact sheets that will guide the homeowner through getting the right tree in the right place. Pick up your new trees and shrubs at a community event this fall or order for delivery in Spring 2011. For more information, visit mybackyardtree.ca. www.thebulletinmagazine.com October 2010 | The Bulletin 29
Page 1 and 2: www.TheBulletinMagazine.com THE Bul
Page 3 and 4: CONTENTS IN EACH ISSUE 6 WHAT’S O
Page 5 and 6: www.thebulletinmagazine.com October
Page 7 and 8: Saturday, October 23 & November 20
Page 9 and 10: Happy Thanksgiving Free Gardening A
Page 11 and 12: (removal of spent blooms) required.
Page 13 and 14: IN THE KITCHEN with Moira Sanders I
Page 15 and 16: is required at town hall. Initially
Page 17 and 18: Each community deserves a voice and
Page 19 and 20: MARLENE JOHNSTON: seeking position
Page 21 and 22: KATHARINE PARSONS: seeking position
Page 23 and 24: less-populated areas with fewer vot
Page 25 and 26: Tax Tips Death and Taxes by Ian Haw
Page 27: formed relationships with the York
Page 31 and 32: efore THERE ARE 4 PARTS TO MY PHILO
Page 33 and 34: Chief for a Day Thomas Hill (pictur
Page 35 and 36: WHY WARDS? submitted by James Sulli
Page 37 and 38: Homework Connection General Contrac

October 2010 - The Bulletin Magazine

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