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Showing posts from March, 2022

Why Taking Assistance of Professional Tax Preparation Services is Advantageous

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The income tax issues and Electronic filing for Individual Income Tax Returns online can be difficult for most people in Canada who wish to file their taxes. You can handle your taxes on your own, but you won't have the benefit of professional eyes to ensure the greatest possible result. However, it does not have to be the case if you hire a professional tax service no matter you are an individual and corporation, residents and non-residents of Canada. Maroof HS CPA Professional Corporation , provides a wide range of tax services to make your income tax filing as simple as possible. A professional accounting firm registered with CPA Ontario and CPA Alberta offers exceptional income tax services in Canada. The following are just a few of the many advantages of using a professional tax services for your taxation & return filing needs. Experts Save You Time Obviously, the most important consideration of tax filing & other tax services is to save money legitimately. Do you want...

Professional Assistance to take Advantage of CRA’s Current Voluntary Disclosure Program

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It is always wise to file tax return on time and ensure that the CRA receives accurate and comprehensive information. In fact, it isn't always the case! Many Canadian taxpayers are apprehensive about dealing with the Canada Revenue Agency (CRA). They might have knowingly submitted incorrect information on their tax returns or mistakenly left out income. Because of poor or incomplete record-keeping, they sometimes supply incomplete information on previous returns. The CRA has a voluntary disclosure programme to encourage Canadians who had engaged in such behaviour to come forward and successfully come clean. Voluntary Disclosure Program (VDP) has proven to be incredibly advantageous for taxpayers with undisclosed income or have been late in completing tax returns or information. Taxpayers who participate in the Voluntary Disclosure Program (VDP) can come forward without fear of facing penalties, and/or prosecution. If you have any previous tax-related issues, defaults or delinquen...