While most people dread filing their taxes, it’s a mandatory requirement for all Canadian citizens above the age of eighteen to file their taxes before April 30. Paying taxes to the government is essential as they are utilized for the nation’s development and to take care of its citizens. Paying your taxes on time also comes with direct benefits for you, like refunds, rebates (if your earnings are low), and financial organization. Moreover, timely preparation of tax returns can help you claim all of the deductions you’re entitled to, prevent penalties and inquiries from the CRA.
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