Now that we’ve finished with the season to be jolly, ‘tis the season to file income tax returns. If you’re looking for powerful, but inexpensive income tax preparation software, check out StudioTax.
StudioTax is bilingual personal Income Tax preparation software made by Canadians for Canadians. StudioTax was initially distributed using a donationware licensing model. As the popularity and functions of the program have improved and increased, they no longer offer it for free (with one exception). However, the cost is $15.00 for a single license good for the maximum number of returns (20) allowed by the Canada Revenue Agency.
They still offer the software free for users whose total income is less than $20K and for northern residents (NT, YT, NU). In this case you don’t need a license or need to activate StudioTax 2021 to Netfile and print your returns.
If you are concerned about the security of your personal information from cloud-based applications, StudioTax gives you full control over your security. StudioTax installs on your computer’s hard drive, saves your returns on your computer’s hard drive, and absolutely NO information, personal or otherwise, leaves your computer, apart from what you file with the CRA.