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News from CNW Group

Over One Million Canadians File Their Taxes Late (or Not at All) Every Year

17:12 EDT Thursday, October 11, 2007

CALGARY, Alberta, Oct. 11 /CNW/ -- It's that time of year. Thanksgiving is over and Canadians are heading into the home stretch of 2007- the end of another tax year. For over one million Canadians, it appears tax deadlines come and go -- without a thought of filing. Why? Have a look at some real reasons!

The top 10 reasons given to PTC (Personal Tax Consultants) President Neel Roberts for clients not filing taxes:

    <<
     10.  I am too young
      9.  I don't make enough money
      8.  I am dead
      7.  I don't have all my information; I think my dog ate some
          receipts
      6.  I will get to it someday, I have other priorities right now,
          and I'm too busy!
      5.  I think I owe too much money
      4.  I think they owe me money, so the longer I wait the more they
          will owe me
      3.  Maybe they will forget about me
      2.  I thought my wife did it this year;
    >>

And the number one reason people have not filed taxes in Canada is:

    <<
      1.  You mean I have to pay taxes in this country -- I did not know this
    >>

Most of the reasons Canadians file late (or not at all) is due to misunderstanding of the requirements for income earning citizens. We have identified some important information for Canadian taxes payers to ensure they are compliant with the Canada Revenue Agency (CRA). Neel Roberts is the President of PTC (Personal Tax Consultants) -- his firm has done thousands of returns for Canadians and he specialized in late filers.

He is available for interviews or can provide prepared information that can be cut and pasted for an instant story!

Media Contact: Alan McLaren, Infinity Communications Inc. alan@infinity-pr.com, 1-866-841-2992

For further information: Alan McLaren of Infinity Communications Inc., 1-866-841-2992, alan@infinity-pr.com, for PTC Canada

© CNW Group


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