Preparing for tax season early can save you time, reduce stress, and prevent costly mistakes. This article guides you through a step-by-step process to get organized ahead of time. You’ll learn which documents and receipts to collect, how to categorize expenses, and what records to keep for deductions. We also cover how to set up a simple filing system, track income sources, and identify common tax credits. By staying proactive, you can streamline the filing process and avoid last-minute surprises.

Understanding Canadian Tax Residency
Canadian tax residency determines how you file taxes, what credits you qualify for, and what income must be reported. This article explains how the CRA determines residency, including factors like

