The federal government is exploring a new plan to introduce automatic tax filing for low-income Canadians, aiming to make the process simpler and more accessible. In this informative segment, CPA Suresh Madaan breaks down how the current tax filing system works, what changes are being proposed, and how this shift could impact taxpayers and professionals alike.
From the potential benefits of reducing barriers for low-income earners to the risks of inaccuracy and over-reliance on automation, Madaan shares his expert perspective on what Canadians should know.
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