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Canadians love tax refunds, but hate rounding up the paperwork to do the return. That’s where common tax filing errors really begin.
The best kind of income is the tax free kind, and indeed, several sources exist.
CRA form PD7A, Statement of Account for Current Source Deductions, along with the accompanying worksheet is the latest CRA form to move to the electronic age.
Tax is a trigger for most clients. It’s complicated, time consuming and requires the meeting of a deadline. It’s also very expensive: it is the family’s largest lifetime expense.