Newcomer

In Canada, taxes are typically filed annually on or before April 30th of each year. The tax year runs from January 1st to December 31st. If you are a first-time filer, you will need to gather all of your income information, including T4 slips from your employer and any other forms that show income earned. You will also need to have your Social Insurance Number (SIN) and a valid mailing address.

You have a few options for filing your taxes:

• You can seek help from a tax professional like “C&R Tax” for affordable rate.

• You can file your taxes online using the Canada Revenue Agency’s (CRA) website.

• You can also file paper return, which you can mail in to the CRA.

It’s important to file your taxes even if you don’t think you owe any taxes or are not expecting a refund. Failing to file your taxes can result in penalties and interest.