Before you turn to a tax expert, you might want to consider doing your taxes by yourself this year. Not only can you file your tax return online for free, you can also get free guidance thanks to UFile’s new website Tax & U.
The website is a repository of user-submitted questions about taxes. Those questions are then answered by UFile’s tax professionals. The site is also launching alongside a short essay contest to share Canadians’ best stories about filing their taxes late. The contest runs right up until March 31, which gives people a whole month to make sure they get their return in before the May 1 deadline. Winners will receive gadgets for people on the go such as GoPro cameras, Fitbit activity trackers, and Apple Watches.
UFile is hoping the site will appeal to younger Canadians who are filing taxes for the first time. Taxes can be complicated and there’s no shortage of resources to help you figure them out. According to the press release, UFile — in partnership with the Canadian Federation of Students — helped more than 15,000 students file for free last year. It goes to show that education is one of the best ways to innovate in the financial space.
If you’re just starting to think about taxes, or if you simply want to learn more about the process, our Tax Week series is a good place to get started.