Each year, millions of Canadians file their taxes, breathe a sigh of relief, and move on — thinking the job is done.
But here’s the uncomfortable truth:
Even a tax return that’s technically “correct” can still be costing you money.
At MrTaxes.ca, we’ve seen countless cases where individuals filed their taxes on time, received a refund, and thought everything was in order — only to discover, years later, that they missed thousands of dollars in eligible credits and deductions.
👉Schedule Your Tax Review
A professional tax review can be a game-changer. Here’s why:
1. You Can Go Back Up to 10 Years
The Canada Revenue Agency (CRA) allows adjustments to be made on past tax returns for up to ten years. That means if you missed a deduction or made a small mistake in 2016, it’s not too late to claim what’s rightfully yours.
This is not a loophole — it’s a legal, CRA-recognized process.
At MrTaxes.ca, we’ve helped clients recover overpaid taxes by filing T1 Adjustments and reviewing old returns with a fresh, professional lens.
2. Tax Software Isn’t Foolproof
Many Canadians use tax software or online tools to file their returns. While these platforms are convenient, they rely heavily on what you input — and if you don’t know which deductions apply to you, the system won’t catch it.
For example:
- Did you work from home but forget to claim your workspace?
- Did you pay for dental, therapy, or travel for medical services?
- Did you have a side hustle or business that involved eligible expenses?
If you answered “yes” but didn’t claim those properly, you may have left money on the table.
3. A Refund Isn’t Always a Win
A big refund can feel like a reward, but it may actually mean you’ve been overpaying your taxes throughout the year. In other words, you gave the government an interest-free loan.
A tax review can help you:
- Adjust your tax withholdings
- Optimize your deductions and credits
- Improve your monthly cash flow — not just your refund
4. Life Changes = Tax Changes
Life doesn’t stand still — and neither should your tax strategy. Major life events often impact your tax return in ways you may not expect:
- Getting married or divorced
- Buying or selling a home
- Starting a business or side hustle
- Going back to school
- Having children
- Retiring or receiving pension income
A tax review ensures that these milestones are accurately reflected — and that you’re not missing key benefits you now qualify for.
5. Real Canadians Are Saving Real Money
One of our clients, a self-employed designer in BC, had been filing taxes on her own for years. She came to MrTaxes.ca for a second opinion.
What we found:
- Missed business-use-of-home deductions
- Unclaimed equipment write-offs
- No income splitting strategy with her spouse
We filed adjustments for three prior years and recovered over $4,700 in missed tax savings.
Stories like this aren’t rare. They’re the reason we do what we do.
At MrTaxes.ca, our goal is simple: To make sure your taxes are working for you — not against you.
Ready to See What You Might Be Missing?
Book your tax review now and let our team of experienced professionals uncover any missed opportunities in your returns.
👉 Schedule Your Tax Review
You filed your taxes — now let’s make sure they’re working in your favour.