Income Tax Information
Every year, the federal and provincial Governments introduce changes to the Income Tax rules which not only complicate the preparation of tax returns, but also increase the risk of error in their preparation.
Several Income Tax computer programs are available at relatively low prices for taxpayers wishing to prepare their tax returns themselves. As a result of the constant changes in the rules, some deductions and credits may be missed, even with tax software.
Governments can’t always make the necessary corrections since they may not have all the relevant information. Imagine how much money can be lost! When you consider the cost of the software and the risk of error, it may not always be a worthwhile alternative.
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