How to file taxes and get your my CRA account 2024

op tips on how to file taxes. How to file taxes in Canada, setup your CRA my account, deadlines, government benefits and how to receive your refund with no additional fees. We also discuss tax discounting services, the importance of gathering all your documents, claiming all legitimate deductions such as moving expenses and tuition and notifying CRA of any changes such as your marital status, address, etc. Tune in for great practical advice and recommendations on which tools to use to file your taxes for free in 2024.
Time Stamps:
00:00 - Why should you file your taxes?
06:07 - Government benefits
08:30 - Deadlines
14:52 - Set up for CRA my account
24:20 - Do your taxes yourself and file for free
26:54 - Notify CRA of any changes
27:46 - Tax discounting services
32:24 - What if you cannot afford to pay your tax debts?
Related Links:
Avoid Instant Cash Back: www.hoyes.com/blog/instant-ca...
Tax Debt Relief in Canada: www.hoyes.com/debt-relief/tax...
Tax Returns Not Filed Because You Are Afraid You Have Tax Debts?: www.hoyes.com/blog/tax-return...
Income Taxes and Bankruptcy - What You Need to Know: www.hoyes.com/blog/income-tax...
CRA - My Account for Individuals: www.canada.ca/en/revenue-agen...
CRA - Due Dates and Payment Dates: www.canada.ca/en/revenue-agen...
CRA - Interest and Penalties on Late Taxes: www.canada.ca/en/revenue-agen...
CRA - Prescribed Interest Rates: www.canada.ca/en/revenue-agen...
CRA - Tax Credits and Benefits for Individuals: www.canada.ca/en/services/tax...
CRA - Child and Family Benefits Calculator: www.canada.ca/en/revenue-agen...
CRA - Tuition Tax Credit: www.canada.ca/en/revenue-agen...
CRA - Free Tax Filing Software: www.canada.ca/en/revenue-agen...
#Tax #Taxes #FileTaxes #TaxFiling #Debt #TaxDebt #TaxPenalties #DebtFreeIn30 #DebtFree #DebtFreeJourney #CRA

[@MinnieOnCam]

It let's you easily change the log in partner if you switched banks.

[@barbaraleszczynski2214]

Great information…thanks very much!

[@rayneboone9696]

Thank you for the information. I would have appreciated a discussion around installment payments - the penalties and if there are ways to get around this e.g. a lump sum payment on the first installment mean I don't have to do the remaining three?