Original Article Source Credits: CTV News , https://www.ctvnews.ca/

Article Written By :Rachel Gilmore

Original Article Posted on : July 21, 2020 

Link to Original Article:  https://www.ctvnews.ca/canada/two-million-canadians-could-be-cut-off-from-benefits-if-they-don-t-file-taxes-soon-cra-1.5033538

When it comes to selling property in Canada, there are several regulations in place to ensure you meet the requirements of the government, and the transfer of your title is valid. However, if you happen to be a non-resident of Canada, your obligations during the sale of the property will differ significantly, especially from the perspective of tax implications.

Filing taxes can be very stressful and daunting due to the intricacies and complexities involved. While you can’t avoid or skimp on the process of filing taxes, you can make the procedure more manageable by enlisting the services of a tax accountant to assist you with it. 

Many taxpayers use tax software as a cost-effective way to file their tax returns. However, when your tax situation gets too complicated or confusing to process, it is time to outsource your work to an expert.

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