Cyber Tax Day Canada - Online Filings Spike as April 30 Deadline Nears


    


    
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<p><span class="xn-location">TORONTO</span>, <span class="xn-chron">April 29</span> /CNW/ -- The First Annual Cyber Tax Day <span class="xn-location">Canada</span> is <span class="xn-chron">April 30th, 2010</span>. According to the <span class="xn-location">Canada</span> Revenue Agency, most taxpayers and tax preparers will use NETFILE or EFILE to file their federal tax returns. Of the 19.9 million returns received last year, 12.8 million were filed electronically, up 10% from the previous year.  As a result, Tax Day, or the deadline to file tax returns, has now become Cyber Tax Day, the busiest filing day of the year.</p>
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<p><span class="xn-person">Matthew Cheng</span>, founder of Cyber Tax Day <span class="xn-location">Canada</span> predicts, "For the first time, more than 60% of taxpayers will do their taxes online or electronically. Canadians want to finish their taxes as fast as they can as painlessly as they can but tend to wait until the last minute to file."</p>
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<p>As of <span class="xn-chron">April 11, 2010</span>, only 2.6 million tax returns (about 20% of last year's total) have been filed electronically.  According to Intuit, maker of QuickTax, the top five procrastinating cities are: <span class="xn-location">Toronto</span>, <span class="xn-location">Calgary</span>, <span class="xn-location">Vancouver</span>, <span class="xn-location">Edmonton</span> and <span class="xn-location">Ottawa</span>.  <span class="xn-location">Toronto</span> has the dubious distinction of being Canada's most tax procrastinating city three years in a row.</p>
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    Last-Minute Tips:
    
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<p>1) Combining items may help you meet the minimum on the Home Renovation Tax Credit. Don't forget equipment rentals or the cost of building plans and permits.</p>
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<p>2) File your taxes, even if you don't owe. Filing determines your eligibility for government programs such as the <span class="xn-location">Canada</span> Child Tax Benefit, a GST/HST credit or any new tax rebates.</p>
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<p>3) Prepare and file your taxes online. It's the best last-minute option and the fastest way to get your refund.  You have until midnight on <span class="xn-chron">April 30</span> to file.</p>
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<p>4) Students who earned less than <span class="xn-money">$20,000</span> can file for free. <a href="http://www.cybertaxday.ca/free-file/">http://www.cybertaxday.ca/free-file/</a></p>
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    Procrastinators - Save on QuickTax Online and QuickTax Software:
    
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<p>Get an instant 10% Discount on QuickTax Online <a href="http://bit.ly/ckhg1o">http://bit.ly/ckhg1o</a> or QuickTax Software <a href="http://bit.ly/bakSrr">http://bit.ly/bakSrr</a> exclusively through Cyber Tax Day <span class="xn-location">Canada</span>.</p>
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    For more information on Cyber Tax Day Canada, visit
http://www.cybertaxday.ca




    

For further information: For further information: Matthew Cheng, +1-212-655-4417, mcheng@cybertaxday.com

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