What is the Best Tax Software and Where to find all the Deductions for YOUR Taxes

April 17th – 2 weeks till Taxes are due – have you filed yet? 

In today’s letter, we will share with you 2 things: 

1 - Where to get recommended tax software 
2 - Where to find more information about deductions and tax credits 

Where to get recommended tax software: 

Electronic filing programs must be certified and approved by the CRA. Here are 3 great programs, starting with my favorite: 

1. Studio Tax – this is the program I often use - it’s 100% free and easy to use! http://www.studiotax.com/ 

3. H&R Block - Offer a free program but you will end up paying at least $17.99 per returnhttps://www.hrblock.ca/online-tax-software/ 

Where to find more information about deductions and tax credits: 

The best place to find all the deductions to go directly to the CRA website here: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/deductions-credits-expenses.html 

Easy link to remember, eh?! NOTE: Line 135 – Business Net Income is not included on the above list of deductions, when in actual fact, this could reduce your income taxes drastically!

Hope this helps! Looking forward to sharing lots of info on Social Responsible Investing once tax season is finished! Until then, happy filing! 


Stephan MacLellan 
Mutual Fund and Insurance Representative
Suite 402, 6080 Young St
Halifax, NS B3K 5L2
Email: steve@yourfinancialpotential.ca
Cell: (902) 240-6508
www.wfgconnects.com/stephanmaclellan


UPCOMING EVENTS: 

FINANCIAL LITERACY and CAREER OPEN HOUSE 
Wednesday, April 18th, 6:45-8:00pm
Saturday, April 21st, 10-11am
Suite 402 of 6080 Young Street, Halifax
RSVP now by replying to this email 

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