Need a Source for Tax Return?

What do Canadians Need to Know to Ensure they Maximize their

Tax Return?

Speak with QuickTax's Cameron Moore

TORONTO, Feb. 22 /CNW/ - With tax season upon us, Canadians need to know how to properly file their taxes and ensure they take advantage of the many tax credits available to them. For 25 per cent of Canadians, 2009 was a year of life changes, be it retirement, a new baby, loss of job, a first house, or tuition payments. Whatever the case may be, knowing which tax credits and deductions to account for is a necessary step in the right direction to make certain Canadians get the money back they deserve.

A spokesperson from Intuit, the makers of QuickTax, will be available for interview and can speak about:

    
    -   how life changes impact the tax return process
    -   tips to help prepare Canadians for the tax filing process
    -   how tax software can streamline the filing process
    -   best practice advice on how to maximize tax returns

    Did you know?

    -   According to a recent Intuit survey, 50 per cent of Canadians that
        have experienced a life change did not know what tax credits were
        available to them, which can make a big impact in their tax return.
    -   The same survey revealed that awareness of tax credits is
        significantly lower among those living in Quebec and the Atlantic
        Provinces when compared to those living in BC, Alberta, Manitoba,
        Saskatchewan or Ontario.
        -  For instance: Awareness of RRSP contributions is significantly
           lower among those living in Quebec and the Atlantic Provinces (71-
           73%) vs. those living in all other regions of Canada (ranging from
           83-93% awareness).
    -   As well, females (40%) have significantly higher awareness of the
        Child Tax credit than males (33%).
    -   Canadians are increasingly turning to software to file taxes. Last
        year, 4 million Canadians used QuickTax to complete their tax forms.
    

SOURCE QUICKTAX

For further information: For further information: To arrange an interview, please contact: Matthew Kanas - Edelman Public Relations, p. (416) 979-1120, e. matthew.kanas@edelman.com

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