Christopher Liew: Are you paying more tax than necessary? [BNN Bloomberg (Canada)]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: BNN Bloomberg
If you got a big tax refund last year, you probably felt pretty good about it. Most people do. But here's the thing: a refund isn't a bonus. It means you overpaid the government all year and it's just giving your money back, without interest. Last year, the CRA issued more than $45 billion in refunds to taxpayers . That's billions of dollars returned to Canadians who essentially gave the government an interest-free loan. I'm not saying refunds are bad, but a consistently large one is a signal that your tax strategy needs work. Below, I'll walk through five ways Canadians quietly overpay on taxes and how to fix each one before it costs you another year. 1. The real cost of not using your registered accounts This is the most common mistake I see, and it's not even close. Canadians have access to some of the best tax-sheltered accounts in the world, and most people aren't using them to their full potential. With RRSPs, the biggest mistake I see is contributing during low-incom
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News
- 6 of the Most Overlooked Homeowner Tax Breaks (and 3 Renovations That Don't Count) [Yahoo! Finance]Yahoo! Finance
- Income tax filing deadline is almost here. Here's what to know in Florida [Yahoo! Finance]Yahoo! Finance
- Was your tax refund less than expected? Here are common reasons why [USA TODAY]USA TODAY
- Tax credits vs. deductions: What you need to know before filing [Yahoo! Finance]Yahoo! Finance
- Was your tax refund less than expected? Here are common reasons why [Yahoo! Finance]Yahoo! Finance
HRB
Earnings
- 2/3/26 - Beat
HRB
Sec Filings
- 2/5/26 - Form 10-Q
- 2/5/26 - Form SCHEDULE
- 2/3/26 - Form 8-K
- HRB's page on the SEC website