Most 2015 personal income tax returns have a due date of May 2, 2016, because April 30th falls on a Saturday.
Good reasons to file your income tax returns on time:
Everyone wants to get their refunds early as a dollar today is worth more than same next month.
Filing your return late is definitely a red flag to the authorities - it could be a sign of financial distress at worst or simply non compliance at best.
You will be avoiding penalty for late filing as well as interest charges.
Anything done in a rush is never done well. Leaving your tax filing until the last minute has a risk of errors and omissions which could otherwise have been avoided.
Get professional help. I will be too glad to assist at 416 622 5553
Tax season is here and it has so far been very exciting and busy helping average Canadians save big on taxes and consolidating their financial standings.
Julius Jayeoba, Tax Accountant in Toronto Provides Accounting Services and Financial Advice
Let our solid and reliable financial resources work to your advantage. Call us today for free consultation at (416) 622.5553
Julius Jayeoba Accounting Taxation updated their cover photo.