In keeping with my 2021 resolutions to a) stop procrastinating and b) simplify my life in order to make “a)” a possibility, I’ve decided that this is the year I won’t be scrambling to do my taxes! The best part? You can benefit from my newfound proactiveness: read on for a review of TurboTax Live Full Service, a simple and affordable way to have your taxes done by a real tax expert – without leaving the comfort of your home!
There’s no doubt it’s more important than ever to file correctly and get every dollar we deserve. However, finding work/ life balance in COVID times is also a challenge; both my kids have been learning from home for almost a year, and in between being a parent, entrepreneur, photographer, at-home chef, armchair therapist… sigh, the list goes on!… I don’t necessarily have the time or energy to prepare my own taxes. My main goal heading into this tax season was to obtain the largest possible tax refund while staying safe at home. …
Online Tax Software
Welcome to #PaybackSeason: Busting the Top 5 Tax Myths
It’s the middle of April, which means you are likely in one of two camps: those who have finished filing their taxes, and those who are postponing the inevitable for as long as humanly possible. Can you guess which camp I’m in?
Whether you’re blissfully spending your refund or are still in the process of collecting all your forms and receipts, it’s always a good idea to ensure that you have the correct information. Friends and neighbours may often be a source of great advice, but when it comes to taxes, it’s best to leave the advice to the experts.
Courtesy of my friends at H&R Block Canada, here are some of the top tax myths. Spoiler alert: cats are not considered dependents for tax purposes. I’m serious.
Myth #1: If I receive a tax refund, my return is approved. The Canada Revenue Agency (CRA) will process your return and send you a refund fairly promptly. However, the CRA also has three years in which to review returns and request follow up paperwork. The review may result in a Notice of Reassessment with a balance owing. For example, if you claimed moving expenses that were not eligible, the CRA will disallow your claim and send you a tax bill. …
DIY Canadians… #FileFreeOnline!
Based on the response for the post “DIY Canadians! Introducing H&R Block Online Tax Software“, it looks like many of y’all are planning to DIY this year and prepare your own taxes. Any why not? With H&R Block Online Tax Software, you can file for FREE, with absolutely no hidden costs!
Yes, I said the good “f” word. FREE.
It’s free, regardless of income, job, age, whether you’re a student or retiree, or have a simple or complex tax return. H&R Block Online Tax Software will empower Canadian filers to take control of their taxes and enjoy the benefits of ease, convenience, accuracy and control.
Want to learn more? Join us at the @HRBlockCanada #FileFreeOnline Twitter Chat.
We’ll share everything you need to know about H&R Block Online Tax Software, and provide valuable info for all those looking to DIY this tax season. To thank you for joining us, of course we’ll have a ton of great prizes up for grabs (including a HUGE! grand prize). …