How to Get More Money Back from your Tax Return
Although April 30 is usually the deadline for filing taxes in Canada, I’m always eager to get my tax return prepared within the first 60 days of the year. It allows me to figure out where I stand with the “tax man,” while still giving me ample time to make smart tax planning moves to maximize my tax refund (and minimize what I owe the government). This early planning is even more important to prep for filing my 2020 income tax return, since COVID-19 has made extra benefits and deductions available – with potentially big tax implications.
Original Article Source Credits: Young And Thrifty , https://youngandthrifty.ca/
Article Written By: Robb Engen
Original Article Posted on: March 4, 2021
Link to Original Article: https://youngandthrifty.ca/how-to-get-more-money-back-from-your-tax-return/