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Filing 2015 Tax Return Deadline is Coming Up in just a few days!

By Acton Accounting | Apr 25, 2016 | Posted in " Accountants, accounting services, April 2016, bookkeepers, bookkeeping services, corporate tax, personal tax, Tax & Benefits, Tax accountants, tax filing, tax return preparation, tax services "

tax filing vancouver

The Importance of Filing a Tax Return

Thinking why do you even have to bother to file your tax returns? Well, think again! It is important to self-assess your income and pay taxes accordingly. Why not stop making excuses about not filing your taxes, and file your income tax just on time to take good advantage of the credits available to you!

Time to file your personal taxes in Canada

It’s spring time in Canada, and as the new leaves have begun to grow back again on the trees, it is even time for you to file your personal benefit return in Canada to bring back some money or pay some to the Canada Revenue Agency (CRA). Become financially responsible, even if you end up owing a balance to the government!

The due date to file personal income taxes for 2015 is April 30, 2016. If you are a self-employed person, you can file your return on or before June 15, 2016, but if you owe Canada Revenue Agency a balance, you must pay it on or before April 30, 2016 to avoid any late-filing penalties and interest.

For the tax filing year 2015, the deadline April 30, 2016 falls on a Saturday, which is why CRA will consider your tax return to be filed on time even if it is received on the next business day i.e. May 2, 2016 (Monday).

This is the right time of the year to get your financial paperwork organized! Talk to experts.

How to file your income tax return? Learn it in 5 steps!

Step #1: Just gather all your income tax information including your tax slips, receipts, a copy of last year’s return and other related documents. Get help with electronic tax filing services such as Netfile or My Account to file your return and receive your refund faster or pay your balance.

Step #2: Whether it is child tax credits and benefits, old age security, provincial medical premium assistance, GST/HST refunds, or rental living support, you must discover all the credits and benefits you are eligible for before moving forward.

Step #3: File your income tax return. Rely on certified tax software to transmit your return with a fast, easy, and secure electronic correspondence service. Whether you want to file your return using Netfile or My Account or through a tax professional, you must file your tax return soon!

Step #4: Send your personal tax return online using the certified tax software or via email to a CRA Tax Centre.

Step #5: Pay the balance you owe to the government or simply enjoy the benefit of receiving your refund.

Relax, and get your income tax return filed through experts!

Do you want to make the entire process of tax filing easier this year? Then, simply get your taxes filed through tax experts!

Acton Accounting & Bookkeeping Inc. has professional accountants and bookkeepers in Vancouver, BC, providing comprehensive personal tax services that offer much more than simply filing your income tax returns.

We also offer tax planning services to help you ensure your tax liabilities are minimized or deferred when appropriate. Let us create a customized plan to help you maintain your wealth and support its growth, based on your own unique financial status and objectives.

File your 2015 tax return now. Call us.