The idea of taxes alone can be taxing, especially if you have multiple returns to submit, but it's when you're tired, or avoidant, that scam artists can do the most damage. This year, the Canada Revenue Agency (CRA) is warning of phone-based cons promising refunds and online swindles stealing personal and bank account info. You may think you're impervious to those tricks, but some can be surprisingly convincing. Plus, you should probably brush up on them to warn the older, less tech-savvy people in your life. Here are the most common tax scams and how to recognize to them, according to the CRA.
As tax season fast approaches, navigating this time of year is no easy feat and with new changes outlined by the Canada Revenue Agency it can sometimes feel too overwhelming. We’re making tax season a little bit easier for you to deal with a list of the newly announced changes that could affect your 2022 taxes.
You may want to mark your calendar, in less than two-weeks, the tax filing season will officially start. But heads up, this year the IRS says your tax-refund may be smaller.