Tax Warriors Ltd. | Toronto, Canada

It's that time of year again—tax season is upon us. As the calendar turns, we find ourselves facing another year of financial paperwork - time to start thinking about preparing and filing your tax return. With a myriad of tax deductions and credits available—close to 400, to be exact—it's crucial to take advantage of these opportunities. At Tax Warriors, we pride ourselves on our extensive experience navigating Canadians through the complex world of taxes. Our team is dedicated to putting more money back in your pocket than you’d achieve by preparing your tax return on your own. After all, it's your hard-earned money, and you're entitled to every dollar. The bottom line is this -  preparing and filing your tax return provides access to key government programs designed to alleviate financial pressures. Programs such as the Canadian Worker Benefit, Child Care Benefit, Canada Carbon Rebate (formerly known as the Climate Action Incentive Payment), Ontario Trillium Bene...

Missing income papers in 2024? No worries. There are tax credits you can claim to get relief from your tax debt. This guide will cover the basics of tax credits in Canada, how to claim them without income papers and the benefits available. Let’s get started. What are Tax Credits? Think of tax credits in Canada as a deduction from what you owe the government. These are valuable tools that can reduce your tax liability even if you don’t have income papers. Tax credits directly impact your wallet by reducing the amount you pay to the CRA. A tax credit is a dollar for dollar reduction in your tax liability, for things like adopting green energy solutions or contributing to retirement savings. It’s different from tax deductions which reduce the income you earn. Use tax credits wisely and you can reduce tax liabilities and get cash back even if you don’t have income papers. Knowing tax credits gives taxpayers more control over their money. With proper use they can reduce your tax obligations...