9 Common Tax Mistakes
Tax mistakes can happen to anyone – I am sure you know someone that it has happened to. It is reported that Canadian individuals and businesses owe more than $25 billion in overdue taxes.
You might (or might not) be inclined to give any of these people any slack. After all, the Canadian Income Tax Act is almost 3,000 pages long and grows thicker every year. That's a pretty thick dictionary. Clearly, it's difficult to keep up with all of the constantly changing rules and regulations.