Category: Tax Blog
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Tax Preparer: Your Essential Guide to Filing Taxes in Canada
Table of Contents Who is a Tax Preparer? A tax preparer is a financial professional who assists individuals and businesses in preparing and filing their taxes. Their expertise ensures compliance with tax laws, accuracy in filings, and maximized refunds or minimized liabilities. For trusted tax services, visit Zera CPA to connect with expert tax preparers… Read more
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Tax Accountant: Your Ultimate Guide to Expert Tax Services in Canada
Table of Contents What is a Tax Accountant? A tax accountant specializes in preparing, filing, and managing taxes for individuals and businesses. They ensure compliance with tax laws and identify opportunities for deductions and credits to minimize tax liabilities. For personalized tax solutions, visit Zera CPA to connect with expert accountants. Why You Need a… Read more
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How to create the “My CRA Account” (2 ways)
The CRA My Account is a secure online portal provided by the Canada Revenue Agency (CRA) where individuals can manage their tax-related affairs and benefits information. It offers various services such as viewing tax returns, notices of assessment, benefit payments, and managing direct deposits. Having a CRA My Account is beneficial for accessing services like… Read more
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Who has to file an income tax and benefit return?
In Canada, tax filing requirements vary depending on the individual’s financial circumstances and responsibilities. Here’s a summary of the different types of tax returns mandated by the Canadian Revenue Agency (CRA): Filing these returns is essential to ensure compliance with tax laws and to accurately report financial activities. Who should file a tax return in… Read more
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What You Should Know About the Canada Child Benefit (CCB)?
} The Canada Child Benefit (CCB) is a crucial financial aid program in Canada, supporting families with children under 18. Administered by the Canada Revenue Agency (CRA), it requires specific criteria and documentation for accurate processing: Eligibility Requirements: Application Process: Required Documentation: How does the Canada child benefit work? The Canada Child Benefit (CCB) operates… Read more