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What to expect from your 2021 taxes and how to prepare

Author: External Author | | Categories: Bookkeeper Calgary , Financial Statements , Payroll

Many Canadians’ year-end tax prep may be a little different as 2020 draws to a close.

Taking a close look at your personal balance sheet before Dec. 31 is a routine exercise that can help you make the most of your savings, reduce your tax bill and boost your tax refund in the new year. But a slew of pandemic-linked emergency benefits and relief measures this year means there may be some additional financial housekeeping you need to do this time.

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Original Article Source Credits:   Global News , https://globalnews.ca/

Article Written By:   Erica Alini

Original Article Posted on:  December 17, 2020

Link to Original Article:  https://globalnews.ca/news/7525484/2021-taxes-tips/



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