welcome to Wealth developer canada
&

MyWealth Account

Making Your Financial Dreams

Come True...

Making Your Business Dreams...

Come Alive

welcome to Wealth developer canada

& MyWealth Account

Making Your Financial Dreams

Come True...

Making Your Business Dreams...

Come Alive

Simplified  Wealth-By-Knowledge

We are happy you found us

Who We are

Welcome to Wealth Developer Canada. One space to motivate, develop and assist you with financial services. If you need a fully structured financial plan, or just need a quick answer from time to time, this platform can help.

Start by becoming a no-fee member. It’s always free to become a member and when doing so you will create your own personal MyWealth Account. This not only gives you access to innovative products and services, but also allows you to utilize a variety of free resources on the site. The information is accurate and posted in real-time. It is easy to access and more importantly it’s easy to understand.

Upon entering MyWealth Account, you will quickly see that we are here for you and your best interest. Our commitment to long term financial development skills and financial planning will be clearly proven next. Regardless of whether you require the services of a fully structured financial plan with hours of Canada’s top professionals, or simply some quick answers time and again, our platform will work for you. You will see that our services are no fee based or very affordable.

To keep things simple, you are always in control of selecting featured services and products you want. You are in control of customizing, making a plan fingerprint that we assist with and it’s designed to be comfortable, transparent and successful. Come on in, and join Wealth Developer Canada risk free. We offer a free trial with our most popular products and more importantly to obtain your plan. Register in seconds today!

WELCOME

As A MyWealth Account Member, YOU CALL THE SHOTS

File THE WAY YOU WANT
Tax Filing Options
Tax Filing Options
How Do You Prefer To Prepare & File Your Return?
Just like all of our products, our members choose A level that work with their needs. With MyTax Prep & MyBusiness Tax Prep you have our pricingFile on your own with MyTax Prep D.I.Y.File with a MyTax Prep Pro Review & Advise With Our Savvy Level. You will also have access to full optimization and planning & monitoring for your future years.Sign & Click with our Premium Level. Our MyTax Prep Pros will send a meeting stream to ensure that you are happy before we file. Maximized Optimization on tis level Fast and secure. simply sign, Upload ID and we will locate your documents for you.

Lower end budgets can take advantage of our DIY products, where the guidance will not be as in-depth as the DIY member would have the experience not requiring the guidance. Our DIY prices will be at a lower than expected price point, and time commitment is the highest of all of our levels.

Savvy

With our savvy lineup of products, we designed this level for the members who want to learn a little bit as they go and take part in some of the hands on requirements of the process while they learn. The time commitment is medium compared with the DIY and Premium levels.

Our goal for our Savvy members is for Savvy members to one day feel comfortable that they could do their own taxes, bookkeeping, understand calculations and potentially develop enough to begin learning another area of our intelligence brands.

Premium

Our premium members will be provided with all the guidance and education development that our savvy members have,  but this is optional and premium members are required to do little to no work. We only require as we can allow based on federal and provincial regulations on compliance. We refer to this as a sign n click style of service within this product.

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Decide WHEN YOU WANT
Up-To-The-Moment
Up-To-The-Moment
Don't Just Plan, Monitor & Stay Up-To-The-Moment
Stay up to the moment on your CRA tax balance at all times. As situations frequently change for most individuals and businesses in Canada, why wait until tax time to become aware of opportunities that could save you money or provide options that are in your best interest? Our Real-Time model features tools that enable you to view your tax account and update the important ‘what if’ scenario questions, anytime you want.Following the pandemic, with historical tax hikes and programs the government is confusing us with, we are here to guide you through them. Don’t be fooled by what you wish you knew sooner. Begin a MyFingerprint No-Fee Trial today!
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Modify AS YOU WANT
Realtime Innovations
Realtime Innovations
If Life Changes Have A Plan That Changes. In Real-Time
Why Are Realtime Innovations Important to you?We believe that proactive financial tax planning will prove to be one of the lucrative solutions to avoid anymore financial uncertainties following the Covid-19 Pandemic. There have been enough hardships and devastations to so many families. The Tax changes ahead for Canadians must be addressed to reduce further depression, loss and mental health issues.For many countries, waiting until months or sometimes years after to properly plan ways to reduce unexpected tax burdens is normal. With our Up-To-The-Moment Realtime intelligence we add to all areas of MyWealth Account, our members can benefit by being aware of potential areas where they can save substantial amounts of cash flow while reducing unnecessary taxes for most situations.When learning these options during the current tax year, there is usually plenty of time to make money saving and often life changing decisions, with the knowledge that our Fingerprint Assessments identify when becoming a member.Don’t wait until the last minute, it may cost you thousands and negatively impact your quality of life. Try our Fingerprint Assessment today and see!
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The FINANCIALS YOU WANT
MyWealth Monitoring
MyWealth Monitoring
MyWealth Monitoring Versus Tax Planning
CRA Tax Monitoring at Wealth Developer CanadaNow more than ever, and into next year undoubtedly, poor mental health, addiction, suicide, and anxiety rates are going to rise. So it stands to reason that people should be taking more time for themselves and focussing on their health. If that means taking time off of work, they need to be doing that.  In a time where employment has changed so drastically, or lost entirely, most people wouldn’t even consider it. It’s believed that the more you work, the more money you have. But what if there was a way to figure out if working less didn’t change your finances, or better yet improved them?

To be clear, we are not advising evading taxes, avoiding paying them, or loophole tricks. We simply show you what your basic calculations are by using lucrative tools that we offer.

There are several different features available with a Recovery-19  Plans. and a lot of thought and care given to help all Canadians through the struggles ahead. One of the main features, that works in conjunction with MyWealth Assessment and MyWealth Plan, is a C.R.A. tax monitoring service called MyWealth Monitoring. The purpose of MyWealth Monitoring is to not only present these calculations to you, but teach you the value of this knowledge one step at a time. You will begin to learn how to do these calculations yourself and develop a strong financial practice. Recovery-19 is designed to make you feel confident that you can manage your finances and manage your well being at the same time. Feeling in control of your finances can significantly improve your health.

Wealth Developer Canada believes that the first step in the wealth by knowledge culture, is to understand in real time, the amount of taxes that you owe at any given time. MyWealth Monitoring is a constant reviewing and reporting service designed to provide our members with critical and specific information regarding their C.R.A account.

The MyWealth Monitoring product uses major changes in your financial situation, such as job loss or income, to make suggestions or changes to your C.R.A account.  Lifestyle changes regarding employment happen frequently and can set people back thousands of dollars in tax burdens. MyWealth Monitoring also examines multiple employments and determines if different jobs were not full time enough, and insufficient taxes were paid. We do this because it’s possible that working one job may have made you the same income as two jobs due to taxes owed.  In addition, and maybe most importantly this year, MyWealth Monitoring can assess your Canadian Emergency Response Benefits, income supplements, wage subsidies etc., and inform you of how they affect your taxes.

With MyWealth Monitoring, we create a report for you that displays information regarding the amount of tax you usually pay on each paycheque,  and also year end refund or balance owing. We extend those basic calculations and we incorporate dates into the equation.

Below is an example of the report that we provide, after you input the numbers from a current paystub, information regarding your Canada Covid-19 response benefits and length of time or gaps in employment.  We also verify the information with CRA regarding any other tax surprises you may not be aware of. This process is quick, and informative.

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Plan WHAT YOU WANT
MyFingerprint
MyFingerprint
MyFingerprint -A Financial Plan Created By You!
Create a one of a kind plan that is yours. Think of it like your fingerprint. It is a plan that is unique to you. We take the information from questions you answer and other sources to compile the data we need to develop your plan. It is a comprehensive intake process that reflects your situation at the time. Register and access your MyWealth no-fee account to learn more. Utilize our free trial for Recovery-19 planning today!
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Pay THE PRICE YOU WANT
Clear Simple Transparent Pricing
Clear Simple Transparent Pricing
What Pricing Level Best Suites Your Needs?
No hourly ‘Professional Fees’ In collaboration with our commitment to transparent flat rate pricing, We do use a similar pricing method as many accountants do in Canada. This is a partial per transaction cost base. What does that mean and how do we come up with the cost? Well we do not consider time as a factor so much. This is because a lot of our features have been automated to keep the costs down for our members. One thing that is important to understand about MyWealth Intelligence Brands is that within every step, every transaction, every process put in place, all start with each field entered by a member. From every individual field of data, we utilize this information in consideration for overall improvements and lifetime growth for that member. This relates to and covers all areas of a business or individual financially across all of our products.

 Integrating this with our wealth-by-knowledge culture, this is a good example of how having no money and a little bit of time commitment is all that you need to grow your wealth. As long as you are a no-fee member or paid member and we are here on your side.

The 2nd basis for our costs is members’ level of commitment Of time and willingness to learn.

DIY

Lower end budgets can take advantage of our DIY products, where the guidance will not be as in-depth as the DIY member would have the experience not requiring the guidance. Our DIY prices will be at a lower than expected price point, and time commitment is the highest of all of our levels.

Savvy

With our savvy lineup of products, we designed this level for the members who want to learn a little bit as they go and take part in some of the hands on requirements of the process while they learn. The time commitment is medium compared with the DIY and Premium levels.

Our goal for our Savvy members is for Savvy members to one day feel comfortable that they could do their own taxes, bookkeeping, understand calculations and potentially develop enough to begin learning another area of our intelligence brands.

Premium

Our premium members will be provided with all the guidance and education development that our savvy members have,  but this is optional and premium members are required to do little to no work. We only require as we can allow based on federal and provincial regulations on compliance. We refer to this as a sign n click style of service within this product.

Service that is catered and selected by the premium member.  The Premium member schedules current accounting and bookkeeping methods, availability to discuss any matters etc.

A little fine print note to help you stay rest assured regarding the per transaction system:

If you are uncertain of your level of transactions per month, start with the lowest as we will not be penalizing in any way if your package needs to be upgraded to additional transactions. Should that be the case you would pay the exact amount you would pay if you subscribed to the right transaction package initially.

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How Do We Do This?

MyWealth Intelligence Brands

With an extensive range of financial focused expertise, our efforts are to develop and teach, how Canadians can improve their financial mental health, without really learning much at all. This group of tools provide unique twists to out of the box financial planning that requires very little from our members.
MyWealth Account 
Wealth By-Knowledge
MyFingerprint
MyRoadmap

With our wealth-By-Knowledge culture we show you step by step a unique fingerprint representing your needs and solutions that will fulfill them. After becoming a No-Fee member and receiving this guided roadmap for your personal, professional or Covid-19 Recovery MyWealth Account profile, you will see that may be exactly what you need to reach your Wealth Potential.

How Do We Do This?

MyWealth Intelligence Brands

With an extensive range of financial focused expertise, our efforts are to develop and teach, how Canadians can improve their financial mental health, without really learning much at all. This group of tools provide unique twists to out of the box financial planning that requires very little from our members.

MyWealth- 
By-Knowledge
MyRoadmap
MyFingerprint

With our Wealth-By-Knowledge culture we show you step by step a unique fingerprint representing your needs. We then follow up with solutions that will fulfill them. After becoming a No-Fee member and receiving this guided roadmap for your personal, professional or Covid-19 Recovery MyWealth Account profile.  You will then you will see that MyWealth Account may be exactly what you need to reach your Wealth Potential.

MyWealth Intelligence Brands-
All
MyWealth Account
MyWealth Monitoring
MyWealth Assessments
MyWealth Solutions
MyGoals
MyRoadmap
MyFingerprint Plan
MyAccounting
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1-Be There For Our Members

MyWealth Account

24/7 access to all of our innovative solutions. We present a platform with continuous development available at your fingertips whenever is convenient for you. We are here for you and everything you need. Your personal assessment updates and breaking are live on the site so you are news always current with your plan and up to date with Covid-19 and other important information

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2-Monitor Financial Risks

MyWealth Monitoring

We provide up to the minute answers. We provide strategies for updating, monitoring and motivating members to create CRA taxation debt risk plans. Our monitoring plans are designed to support such occurrences as the Covid-19 financial crisis and the emergency response benefit taxation. Take a look at a MyWealth Account CRA Monitoring Report and see for yourself now!

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3-Assessing Your Best Interest

MyWealth Assessments

We have our members answer a quick series of questions regarding their current lifestyle and financial state.  There are 5 categories of our assessment specifically targeting the largest financially impacted areas for most Canadian.  From these 5, We have designed multiple specific questions with further options with our members selected answer, that result in a very direct, tailored assessment.

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4-You Select Your Options For YOUR Sucess

MyWealth Solutions

WDC Solutions are as numerous as the financial issues you might be facing and are proven to work. There are multiple solutions to any problem but some are better than others for YOU. That’s why we provide you with options. WDC Solutions allows you to choose what works for you. You are in control of deciding what fits your unique plan and lifestyle. WDC Solutions never stop until problems are solved.

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5-Set YOUR Unique Goals For Your Solutions

MyGoals

We encourage comfort with all of our development. As our mission is to make life better financially than it was before 2020.  improve and do the same for quality of life.  This is not always about money. It is loving the life you live, the job you are working, and the future you are excited about.  Proper goal setting will enhance seriousness and performance levels. This is known to create accelerated rapid success.

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6-Navigate Through The Steps To Success

MyRoadmap

Now that you have customized your financial best interest, protected you and or your family from potential unnecessary tax burdens, addressed the financial areas of success opportunity and factored a goal timeline, we can draw out a roadmap. This set of navigation instructions from your selections is all that you need to be part of the Wealth-By-Knowledge lifestyle. A MyWealth Fingerprint consists of these 5 Intelligence Brands.

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7- Unite Your Plan Into MyFingerprint

MyFingerprint Plan

Your Fingerprint Plan! This is the first milestone for this new simplified, educated, fearless, financial lifestyle. Remember the solutions in your roadmap are set with goals by you and the pressure is what you determine it to be. Remember you are already improving most financial areas in your life just by taking the time to set up your fingerprint.

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8- Secure Your Documents In One Space

MyAccounting

We keep things easy for you at Wealth Developer Canada. 24/7 secure availability to your encrypted financial information and all your documents are in one place for easy access. No wasting time searching your devices or file folders of mail. Complete a tax preparation of financial planning request in al little as 10 minutes.

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Wealth Developer Canada is pleased to offer you legal service plans bundled with our Recovery19 products or on their own. With LegalShield, unlimited access to your law firm is as simple as a tap of a mobile app! Available for under $1 a day! There are numerous reasons to shield yourself, your family and your business with LegalShield. Legal questions and unexpected legal issues come up everyday. So why not have legal protection every day?  Do You Or Your Business Have Legal Protection? Can You Afford NOT To?LegalShield Protection Is Available Starting At Under $1 A Day! 24/7, 365 access to Canada’s top law firms. Get protected and connected in moments
Do You Or Your Business Have Legal Protection? 
Can You Afford NOT To? 
Unlimited Direct Calls To Your Local Firm 
Starting at under $1 a day!
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Do You Or Your Business Have  
Legal Protection? 
 
Can You Afford NOT To?
Video Playlist
1/4 videos
1
Launch by LegalShield - Network
Launch by LegalShield - Network
02:25
2
Launch by LegalShield - Network
Launch by LegalShield - Network
02:25
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Launch by LegalShield - Network
Launch by LegalShield - Network
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Launch by LegalShield - Network
Launch by LegalShield - Network
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LegalShield Protection Is Available Starting At Under $1 A Day! 24/7, 365 access to Canada's top law firms. Get protected and connected in moments Text Here

Wealth Developer Canada is pleased to offer you legal service plans bundled with our Recovery19 products or on their own. With LegalShield, unlimited access to your law firm is as simple as a tap of a mobile app! Available for under $1 a day! There are numerous reasons to shield yourself, your family and your business with LegalShield. Legal questions and unexpected legal issues come up everyday. So why not have legal protection every day?  Do You Or Your Business Have Legal Protection? Can You Afford NOT To?LegalShield Protection Is Available Starting At Under $1 A Day! 24/7, 365 access to Canada’s top law firms. Get protected and connected in moments
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What Is MyWealth Monitoring?
Believe it or not, there is an actual day of your employment year when all of your earnings made the remainder of the year will go to the government. This is for the majority of individuals who earn over $25 000 per year. This is based on tax brackets and laws. Fortunately, the clear and concise calculations used by the government when you want to figure out such a day are simply mathematics and not secret codes. Unfortunately, math was a strong subject in high school for a select few, and as we age we don’t seem to really get better at it. A tax preparation class would definitely be more useful in our adult lives than the parallelograms we learned about.That’s where we come in. You just learned that it’s possible to pinpoint numbers that allow you to make better decisions about taking a second job or working overtime etc. Numbers that are important. Numbers that inspired Wealth Developer Canadas’ Wealth By Knowledge culture. We will teach you, in real time, what numbers are important for you and how to figure them out. You don’t need to learn math. You will simply learn how to know your important financial numbers and be in control of them everyday. You will learn how to know when you are going into a new tax bracket and options to proactively plan according to our calculations.

The Latest Posts From MyWealth Development Tax Education Area

2020 Tax Deadline Confusions
What If I Do Not File My Taxes On Time?
What If I Do Not File My Taxes On Time?
If you still need to file, don’t worry you’re not alone. Your taxes late or sometimes at the last minute sometimes it can’t be helped especially this year. The deadline to file taxes April 30.April 30, 2021Filing on time avoids delays and ensures that you receive the refunds, benefits, or credit payments that you may be entitled to, in a timely manner.Payment date for 2020 tax year April 30, 2021To avoid late-filing penalties and interest, you must ensure that your returns are filed by April 30, 2021, and that payments are made by April 30, 2021. June 15, 2021Filing on time avoids delays and ensures that the self-employed individual, spouse or common law partner receive the refunds, benefits, or credit payments that they may be entitled to, in a timely manner.Payment date for 2020 tax year April 30, 2021To avoid late-filing penalties and interest, you must ensure that your returns are filed by June 15, 2021, and any balance owing is paid by April 30, 2021.6 months after the end of the corporation’s tax yearGenerally, corporations have to pay their taxes in instalments, either monthly or quarterly. The balance of tax is required to be paid two or three months after the end of the tax year depending on your balance-due day.For more information about payment due dates for Corporations, go to Corporation payments.
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Products & Detailed Info
CRA & The Requirements With Bitcoin
What are the tax implications with cryptocurrency?
Is The CRA Too Slow To Pick Up On My Cryptocurrency Sale Profits?
Did you earn spend or trade cryptocurrency?And keep records of these transactions currencies are considered commodities in the Canada revenue agency requires you to report income or losses on your return just as you would any other business transaction or investment transaction.Here’s some answers to common questions to help you understand the tax implications of cryptocurrency‘s.What should I know about reporting my cryptocurrency transactions?If he is cryptocurrency to buy goods or sold services or if you traded one type of digital currency for another for example you exchange bitcoin for Lakepoint you’ll need to report these trans transactions on your return. You need to report the value in Canadian dollars even if no money was involved.Depending on the reason for your transaction you’ll need to report this amount you made or lost as a business income or a special capital gains or loss. No matter how you use cryptocurrency make sure you keep track ofThe date of your transactionsYour receipts for purchasing and exchanging cryptocurrencyThe value of the cryptocurrency in Canadian dollars at the time of your transactionYour digital wallet records and cryptocurrency addressesA description of the transaction in person or organization you traded it withThe exchange recordsAny accounting or legal fees that you paidThe cost of the softwareBe sure to keep all your documents for at least six years this year he can request to see them at any time if your attorney selected for a detailed review.What’s the difference between bitcoin income and capital gains?If you’re reporting your transactions as a business income you’ll need to report the amount you made or lost on your 2020 return by using the statement our business professional activities team 2125 and TP – 80. Business income is fully taxable and you can deduct business losses against other sources of income to lower the amount of taxes you owe on your fire return.If you’re putting your transactions as a capital gain or loss your report them on amount any amounts on schedule three and schedule G if you’re a resident Quebec. If you sold your cryptocurrency for more than you paid for it then you have a capital gain. Similarly if you sold your cryptocurrency for less than you paid for it you have a capital loss. Capital gains are only 50% taxable if you have a capital loss you can claim your loss against your gained or lower the amount of taxes that you owe. If you have more losses and gains you can carry forward the unused amount to lower your taxable amount in a future year.How do I decide how to report my cryptocurrency transactions? To decide how to report your cryptocurrency transaction she’ll need to look at the pattern of how you tend to use it. You’ll need to consider factors such as how I funny trade cryptocurrency‘s and how long of a period is between when you buy and sell your cryptocurrency.When should I report my cryptocurrency transactions as capital gains or losses?If you buy cryptocurrency‘s and keep it for a long period of time, therefore treating it like an investment, you might report your transactions of capital gains or losses.Your poor capital gains or losses on your return when you have a disposition sale or transfer of cryptocurrency for example you might have a disposition when you buy or sell goods with cryptocurrencyConvert cryptocurrency to moneyExchange one of the cryptocurrency‘s for anotherMake a donation using cryptocurrencyWhen should I report my cryptocurrency transactions as business income?If you regularly trading cryptocurrency‘s holding the currencies for a short period of time you’re acting the same way as someone in the business day trading. In this case you might report your transactions as business income. Some of the examples of business income that involves cryptocurrency‘s areCryptocurrency miningCryptocurrency trading andCryptocurrency exchanges including ATMsKeep in mind a single transaction could be considered an adventure in the nature of trade and therefore business income especially if it was made in hopes of a quick profit.If you’re not sure about your transactions whether it was investment or business income please contact us. If I’m in cryptocurrency by mining do I need to report it on my route turn?If you mine cryptocurrency to sell it for a profit your transaction is considered business income and you need to report it in the amount you made or the amount that you lost on your 2020 return.If you mine cryptocurrency as a hobby you won’t have to report your activities on your return however if you mine cryptocurrency regularly with the intention of selling it for a quick profit your hobby might actually be considered a business by the county revenue agency meaning that you’ll have to report transactions on your return as a business income.Do I need to charge GST and HST. On cryptocurrency transactions?If your business is registered for an HSTGST number and you normally charge GST and HST you’ll need to charge it on cryptocurrency transactions to. GSTHST is based on the fair market value at the time of the transaction for the highest price in Canadian dollars of cryptocurrency is worth.
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If you spent or traded cryptocurrency some misconceptions to be aware of.

 

What should I know about reporting my cryptocurrency transactions?

When should I report my cryptocurrency transactions as capital gains or losses?

When should I report my cryptocurrency transactions as business income?

Do I need to charge GST and HST. On cryptocurrency transactions?

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Products & Detailed Info
I Did Not Make Much In 2020. Am I Required To File A Return?
Am I Required To File A Return?
Did You Earn Very Little Income But You Don’t Know If You Should File Your Return?
If you’re not reporting much income this year or not at all you should still file a return. Filing your return often means getting access to federal and provincial benefits. Depending on how much you earned we might not even know any taxes in addition to receiving an unexpected refund.Here are some reasons why you should file:-The basic personal tax credit for every Canadian.-The Canada Employment Amount.-There are even more opportunities to claim additional benefits your GSTHST credit Ontario trillium benefit etc.-Payroll Deductions from employment for a short period of time, likely will result in a refund, increase benefit amounts and maximize what is owed to you.-Build future RSP contribution room.
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Here are some reasons why you should file:

-The basic personal tax credit for every Canadian.

-The Canada Employment Amount.

-There are even more opportunities to claim additional benefits your GSTHST credit Ontario trillium benefit etc.

-Payroll Deductions from employment for a short period of time, likely will result in a refund, increase benefit amounts and maximize what is owed to you.

-Build future RSP contribution room.

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