Do you need an Income Tax Checklist? We have one!
Income tax season is back! It snuck up on me again at the exact same time this year as the last 15 or so. To help people ease the possible pains of their tax returns I’ve prepared this checklist that will hopefully keep track of the majority of items you might need. Read more
Is income tax season as scary as they want us to believe?
Spoiler alert: Nope!
Well it’s the end of February and I’m starting to hear all of the usual ads on the radio when I’m driving anywhere now. Even on TV you’ll see a few of them. They’re all reminding you of the same thing and trying to tell you that you need a professional’s help. They’re all about tax season! With Canada’s personal income tax deadline coming up on April 30th, 2016 I’m going to tell you why you don’t have much to worry about and why you should file your taxes yourself.
Judging by all the commercials I hear on the radio you’d think filing taxes was the hardest thing in the world. These commercials like to emphasize that if you don’t get it right the government is going to come after you for more money. Sometimes they’ll use terms you might not be completely familiar with like deductions, tax credits, or audits.
I think a lot of people are under the impression a lot of these tax preparation places employ accountants and highly trained professionals that know the income tax structure inside and out. Unfortunately this is about the furthest thing from the truth. Read more