How to Get a Quick Refund on Your Taxes in 2023?
The Canadian Revenue Agency (CRA) has marked April 30, 2023, as the deadline for Canadian residents, citizens, and companies to pay their taxes and file their tax returns. Therefore, people who need quick refunds on their taxes need to gear up! This article discusses how individuals and companies in Canada can get a quick refund on their taxes in 2023. Audit Your Financial Year Many people make the mistake of filing their tax returns without calculating the exact amount they're owed. This means that their refund is lower than expected. Therefore, it's advisable to hire an accountant and ask them to audit your financial year. This way, you can identify your tax bracket, any benefits or tax deductions you're eligible for, and other financial information to help you file for the right tax return amount. Choose the Right Filing Option The CRA has introduced several methods for people who want to file their taxes this year. Therefore, companies and individuals who need to file...