How to Get More Money Back from your Tax Return

It’s that time of year again! TAX TIME!  If you didn’t get a chance to implement any of my 16 Tax Tips for Year End, don’t fret, my friend, there’s still time to get more money back from your tax return!

NOTE: These suggestions are for the Canadian Tax system.  If you are claiming your taxes in the US, then sorry, this post ain’t for you!

I started filing my own taxes last year. Before that, I hired an accountant to do my taxes (my taxes were really simple) and paid about $125 for his services. He gave me a few good tips which I carried on to use for the next year, when I learned to do it myself.  I decided to do my own taxes because:

  1. I didn’t want to pay someone else $125 when I could do it myself
  2. I didn’t have my own business so I couldn’t deduct my accountant expenses
  3. You care about your own money the most (using an accountant is kind of akin to hiring a financial adviser, right?)
  4. I wanted the challenge

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