Do you do your own taxes or pay someone else to do them?

[msj]

I received multiple communications from the Revenue Canada (these communications are apparently not related to one another), but the reason for the large refund is that I have a mid 5 figure tax credit from five years ago or so. Of course, as your average C- client, I never knew anything about this

If you did then presumably you would have claimed the credit at your earliest moment rather than wait for the government to tell you you had your own money (tax savings from the tax credit) sitting there in the first place.

Sure, I have C- clients (or, rather, "D"), but I like the smart ones better.

[ethos1]

Do you do your own taxes or pay someone else to do them?


* It's April 30th. The last day for filing your income tax. Remember even if they owe you Income Tax Act 162 (7) states that CRA can charge you $25.00/day to a maximum of 100 days for every day that you are late in filing your return.

mine went in efiled on the 30 April and on 11 May, I received my refund

For tax filling & filing I have used a pro for the past 25-years, not that I could not do it on my own with the software available today, but paying the pro is worth every penny - best money that I ever spent

[brad]

I pay an accountant because my taxes are complicated; my employer's in the U.S. and I'm a dual citizen, so there are three forms to fill out for me (US federal, Canadian federal, and provincial) plus I have my accountant do my common-law wife's taxes and her daughter's as well. It's expensive (over $1,000 total, which works out to about $140 per form she prepares) but worth it to me.