Canadian taxes
#1
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Joined: Oct 2009
Posts: 48
Canadian taxes
Can anyone tell me please, my friend hasnt filed her taxes since moving here two years ago as she wasnt sure how to do it. Can taxes only be filed in March April so does she have to wait until then and if I am right will she have penalties to pay for not filing them. Any advice would be great:
#2
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Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Canadian taxes
You can file your taxes at any time. Your friend should get them done as soon as possible. If they owe money there will be penalties for late filing and interest on the amount owing. However, if they do not owe tax on filing there are no penalties.
#3
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Re: Canadian taxes
thank you we did ours through hr block, do they do them this time of year or who would they get them done through, a solicitor??
#4
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Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Canadian taxes
Not a solicitor, and not H&R Block for the first year in Canada. Find a small local accountant. They will be a bit more expensive than H&R Block (but maybe not much). However, they are likely to get it done correctly.
#5
Re: Canadian taxes
does anyone else see an add for late tax filing at the bottom of the page? never mind, gone now, but I did see one.
#7
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Re: Canadian taxes
Thanks dont you like H&R????
#9
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Re: Canadian taxes
It is not that I don't like H&R Block though obviously they are competition so you have to take this into account.
The thing you need to consider is that H&R Block people are trained (very well) to deal with the standard tax filings that regular Canadians do year after year. If you have a T4, some medical expenses, tuition fees, charitable donations, and maybe some RRSP investments then H&R Block will do a great job in filing your taxes.
However if there is anything unusual, such as immigrating during the year, then you are unlikely to be dealing with someone who knows what to do.
The thing you need to consider is that H&R Block people are trained (very well) to deal with the standard tax filings that regular Canadians do year after year. If you have a T4, some medical expenses, tuition fees, charitable donations, and maybe some RRSP investments then H&R Block will do a great job in filing your taxes.
However if there is anything unusual, such as immigrating during the year, then you are unlikely to be dealing with someone who knows what to do.
#10
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Joined: Oct 2002
Location: Ottawa, Canada
Posts: 556
Re: Canadian taxes
Can anyone tell me please, my friend hasnt filed her taxes since moving here two years ago as she wasnt sure how to do it. Can taxes only be filed in March April so does she have to wait until then and if I am right will she have penalties to pay for not filing them. Any advice would be great:
http://turbotax.intuit.ca/personal-t...onal-taxes.jsp
#11
Yorkshire meets Vegas
Joined: Jul 2004
Location: T. ON (so there!)
Posts: 1,354
Re: Canadian taxes
It is not that I don't like H&R Block though obviously they are competition so you have to take this into account.
The thing you need to consider is that H&R Block people are trained (very well) to deal with the standard tax filings that regular Canadians do year after year. If you have a T4, some medical expenses, tuition fees, charitable donations, and maybe some RRSP investments then H&R Block will do a great job in filing your taxes.
However if there is anything unusual, such as immigrating during the year, then you are unlikely to be dealing with someone who knows what to do.
The thing you need to consider is that H&R Block people are trained (very well) to deal with the standard tax filings that regular Canadians do year after year. If you have a T4, some medical expenses, tuition fees, charitable donations, and maybe some RRSP investments then H&R Block will do a great job in filing your taxes.
However if there is anything unusual, such as immigrating during the year, then you are unlikely to be dealing with someone who knows what to do.
Both times they filed my taxes incorrectly, and the second time I filed, it delayed reimbursement of my taxes by more than a year. They also managed to lose my paperwork in that time.
I've learnt my lesson and now always file on time, and would never use them again. These experiences were both from using different offices by the way....
I would argue against them being well trained considering the fact that they failed to recognise that I was a new immigrant, meaning that I lost out on a deductible. This should have been fairly obvious to them as at the time I had a 9 starting social security number, and explicitly told them that it was my first year in Canada and my first year of filing.
I'm sure other people's experience of them may differ, but I've only found them to be worse than incompetent.
#12
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Joined: Oct 2008
Location: the GTA
Posts: 3,824
Re: Canadian taxes
I do my taxes online and you can file for 2008, 2009 and 2010 with Turbotax.
http://turbotax.intuit.ca/personal-t...onal-taxes.jsp
http://turbotax.intuit.ca/personal-t...onal-taxes.jsp
#14
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Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Canadian taxes
Can you netfile a return using Turbo Tax this late? E-file, the version professional tax preparers use, is only open between mid February and mid October for the previous year. I have to submit 2010 and earlier tax returns on paper now.
#15
Joined: Aug 2005
Posts: 14,227
Re: Canadian taxes
Not sure about turbo tax as I used UFile last year. Their website at least indicates that it supports prior years back to 2000; although I doubt it supports netfiling and probably requires you to download and mail it in yourself. Still, in the OP's position I'd take a look at the on-line tax websites; especially as you don't pay until you want to file so you can find out if it meets your requirements first.