When spring is in the air it usually means that tax returns should soon be in the mail. Who in the world wants to be spending their time crunching figures and writing out cheques to the tax department? This is a job for your Toronto tax accountant.
No matter how simple you may think your personal tax return is going to be, the moment you sit down to tackle the tax return all of a sudden it becomes complicated. You have to take the time to sort through the instructions. You may think you mastered it last year but all of sudden like every year, there are a few more tax rules to be applied. This is where turning your tax return matters over to your Toronto accountant is really a great and affordable solution.
Not only do you have the responsibility to file your taxes but now the CRA is strongly encouraging you to complete this task online. For those of you that are not all that savvy with computers it’s just one more learning curve. You will find that a personal tax accountant that is in tune with the times will easily do this for you.
One of the big problems that comes with doing your own taxes is not really knowing what tax breaks there are that you can take advantage of. You may figure that you have them all sorted out and you take great pleasure in the fact you are going to get some money back this year. Then you discover after CRA has reviewed your taxes that you weren’t entitled to that credit you claimed after all. Then again, maybe you are and you just didn’t go about it the right way.
Second guessing what is the right way to do your tax returns whether they are for personal, self-employed or even corporate is not a wise move. It is pretty difficult to change your mind after you have submitted them.
For the most part we Canadians are pretty good at relying on professionals when it comes to matters that are serious in our lives. The Toronto accountant should be one of those experts that you add to your “must have” list. It’s not like it’s an ongoing expense and its money well spent to know that your Canadian taxes have been done right, and submitted on time.
Although the tax deadline is the end of April in most cases but not all, don’t think that it’s too late to take advantage of tax services for this year. Get in touch with your professional tax preparer and see if they can fit you in.
You are going to find that if having a Toronto tax accountant do your taxes for you this year is a new experience for you, that it will be one that you want to continue with year after year. Why not enjoy the first taste of spring instead of sweating over your tax returns!
Please don’t hesitate to fill out the form on the right here to ask for a “FREE” consultation and let’s see if can get your taxes over and done for this year.
