Tax returns filed online are submitted directly to the CRA thanks to NETFILE, which means you can get your tax refund shortly after you’ve completed your tax return.
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Similarly, if you are ever audited by the CRA, TurboTax will provide you with professional representation and deal with the CRA for you. Moreover, if the CRA finds any discrepancies in your tax return and you are charged a penalty as a result, TurboTax will reimburse you whatever you have been charged (plus interest) thanks to its 100% accuracy guarantee.
TurboTax offers a 100% guarantee that you get the highest tax refund possible. One of the fears of filing your taxes yourself is missing out on different tax credits and deductions, which can result in lower tax refunds. They’ll also work with you line-by-line to make sure you don’t miss anything. TurboTax has real tax experts available to answer questions and give advice as you move through your tax filing. Below are some of the features TurboTax offers: Expert Advice From Tax Experts TurboTax has a number of features that Canadians with little or advanced tax knowledge can benefit from. Ideal for both simple tax filings and more complex situations, TurboTax is fully equipped with all the features needed to file accurately and with ease.įile your taxes with TurboTax Get Started What Does TurboTax Offer? That said, it’s still a relatively affordable tool for Canadians to use to file their taxes, especially when you consider everything that you get with it and what accountants charge for tax preparation services.
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TurboTax is among the more extensive tax preparation software products out there, but the features and ease of use might make it worth the few extra dollars.
Millions of Canadians have already used TurboTax over the past couple of decades that the tool has been around, and as such, it’s developed an excellent reputation. With TurboTax, you can file your taxes online and submit your tax return directly to the Canada Revenue Agency (CRA). So, does it stand up to its name and is it the right option for you? Check out our TurboTax Canada review below. Enter TurboTax, one of the most popular tax softwares available in Canada and TurboTax is one of the most popular. Whether you’re dealing with, filing your taxes, debt repayment or checking your credit score there are great do-it-yourself options out there. Just because filing taxes in Canada is mandatory, doesn’t mean it needs to be really hard and doesn’t need to involve an accountant.
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