Are you procrastinating in getting your personal taxes done in time for the CRA?
It’s February 1st and you hear all the advertisements regarding RRSP contribution deadlines. This can only mean one thing, the dreaded April 30th personal tax-filing deadline. Most taxpayers usually get that sick feeling in the pit of their stomach because they know it is the time they need to start thinking about their personal taxes.
Are you feeling stressed out or anxious about possibly being audited?
Tax preparation is simple. The key is to not let it overwhelm you and the solution to that is to avoid trying to complete it on your own. Most people attempt to do their taxes on their own and this is a recipe for disaster. It may also set you up for a potential audit because you may not understand how a specific deduction or income needs to be treated for tax purposes. That’s probably the last thing you want to have happen.
Taxpayers are liable for every detail and aspect of their tax return regardless that a third party has prepared it. Furthermore, CRA does not care who made the mistake. It will be you who is ultimately responsible. This reason alone should convince you to hire a professional firm like Fred Albi, Chartered Professional Accountant to assist you with your personal tax preparation.
Furthermore, we will confidentially acquaint ourselves with the vital financial details of your personal tax situation, making it essential that you not just work with any firm to protect your financial privacy from prying eyes.
For these reasons, we recommend you do not choose your tax return preparation service lightly, but perform your due diligence in selecting a trusted accounting firm.
Your finances are too important to risk disaster.
Give yourself the peace of mind you deserve, and contact us to prepare your personal income tax.