Free 2015 tax software quebec1/6/2023 If you don’t want to wait around to hear about errors or receive any refunds due, then filing online is the way to go. The CRA has already admitted there could be massive processing delays for paper returns in the 2022 filing season. Electronic filing is preferred, especially since COVID-19 has reduced the amount of office staff to process paper filings. For one, you can complete the process relatively quickly and receive an almost immediate confirmation that your filing has been submitted and accepted. What are the benefits of filing taxes online?įiling your taxes online can be beneficial for a few reasons. File your return with confidence it’s done right, and pay what you want-there’s no catch. Wealthsimple Tax is a simple way to file your taxes. If you need more help beyond this, be sure to engage a professional to ensure your taxes are filed correctly. If you want to know how to file taxes, this guide will help you with the basics of filing your taxes online if you live in Canada. The good news is that you can get through the process much quicker with an online filing. Plus, late tax payments can impact your government benefits negatively-all bad things if you’ve got financial goals like getting out of debt, building wealth or both. Accruing interest, penalties and fees is no fun. You definitely don’t want to file late and owe a larger tax balance than necessary. Skipping out on this responsibility could mean many negative consequences down the road, so it’s best to understand get ahead of the deadlines and requirements as soon as possible. Filing and paying taxes as a Canadian citizen is an inevitable part of life.
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