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Showing posts from April, 2020

Why Filing Your Taxes Online Is Important?

Do you feel filing income taxes is tough? Have you come up with various excuses to avoid file taxes online Canada ? One thing you need to agree is that if you want to be financially responsible, then you do need to understand the benefits of filing taxes in Canada even if you don’t any. Now the deadline to file your income tax online is April 30, however, for self-employed Canadians, there is a time period till June 15. So, you do need to login to the CRA login  as soon as possible if you really own the CRA any money. In that case, you should make the payment not late than April 30 to avoid any kind of penalties. Excuses People Come Up With For Not Filing Taxes Certain people come up with good or you can say mind-blowing excuses just to avoid paying taxes in Canada. The major excuse that people come up with is that they feel that they won’t get a refund. Some even feel that or bring out the excuse that their finances and paperwork are not properly organized. Also, certa

Best Online Income Tax Tools For Filing Your Income Tax

It can be tough to file your taxes by yourself. Adding insult to the injury is the approaching deadline. But you do have to keep in mind that filing taxes can be easy if you get assistance from online income tax calculator Ontario  tools. Free Online Tax Tools Of course, there are various methods to file your taxes freely without opting for any pen or paper. The Canada Revenue Agency (CRA) has a list of various free tax tools for filing your taxes freely. Some of the major ones are – 1) H&R Block Do you know that the H&R Block online tax software is available in the free version? It has no income restrictions. As per the company, it can easily take care of both complex and simple tax situations. The best part is that you have the option to re-file the returns for free especially when you have to adjust it. In case of any doubts to file taxes , you can check out the list of FAQs, however, unlike other free tax tools, this doesn’t have any phone or chat support. 2)