Skip to main content

Featured

Diwali: The Festival of Lights and Togetherness

Diwali, also known as Deepavali, is one of the most celebrated festivals in India and across the world. Symbolizing the triumph of light over darkness and good over evil, it brings families, friends, and communities together in a spirit of joy and renewal. The celebrations usually begin with cleaning and decorating homes, often with colorful rangoli patterns and rows of glowing diyas (oil lamps). Fireworks light up the night sky, while the aroma of festive sweets and savory dishes fills the air. People exchange gifts and sweets as a gesture of love and goodwill, strengthening bonds within families and neighborhoods. Beyond its vibrant traditions, Diwali also carries deep cultural and spiritual meaning. For many, it marks the return of Lord Rama to Ayodhya after defeating Ravana, while others honor Goddess Lakshmi, the bringer of prosperity. Regardless of the story, the essence remains the same: spreading light, hope, and positivity. In today’s world, Diwali has also become a global...

article

Important Items for Canadian Taxpayers to Consider Before Filing Their 2023 Tax Return

 

Here are some important items that Canadian taxpayers should consider before filing their 2023 tax return:

  1. Filing and payment deadlines: The deadline for most Canadians to file their 2023 tax return is April 30, 2023. If you or your spouse or common-law partner are self-employed, you have until June 15, 2023, to file on time. If you have a balance owing, your payment is due on April 30, 2023. Filing your return before the respective deadline will allow you to avoid interruptions to any benefit or credit payments you may be entitled to.

  2. Register for direct deposit and file online: You can register for direct deposit and file online to get any refund you may be eligible for faster. To file online, the CRA has a list of certified tax software products that are easy to use, fast, and secure, some of which are free! When you file using NETFILE-certified software, you may be able to use: Auto-fill my return and Express NOA. 

  3. Get free tax help: If you have a modest income and a simple tax situation, volunteers at a free tax clinic may be able to do your taxes for you.

  4. New tax changes: There are several new tax changes that Canadian taxpayers should be aware of when filing their 2023 tax return. Some of the most important changes include an increase in unpaid tax penalty, expiration of COVID-19 benefits, introduction of a new grocery rebate, and changes to Disability Tax Credit.


Comments