H&R BLOCK CANADA FINDS MORE THAN $50,000 IN
MISSED TAX REFUNDS IN ALDERGROVE, B.C.
Nearly a third of the participants on the Million Dollar Neighbourhood TV series made errors on their returns
Calgary, AB – January 23, 2012 – It is only the first episode of Million Dollar Neighbourhood on OWN: Oprah Winfrey Network (Canada), but thousands of Canadians may have money hidden in their tax returns. H&R Block’s Second LookSM review of tax returns in Aldergrove, B.C., resulted in an additional $50,000 in tax refunds. H&R Block tax professionals found nearly one third of the participants missed credits or deductions and, of the taxpayers with refunds, the average amount was $1,571.
Million Dollar Neighbourhood is a new original series offering an unprecedented social experiment set in Aldergrove in which 100 families have only 10 weeks to raise their collective net worth by $1 million. The first episode aired January 22, featuring H&R Block tax specialists in a segment.
“For most taxpayers, receiving a Notice of Assessment means their tax return is approved, but it doesn’t mean you claimed everything you are entitled to,” says Cleo Hamel, senior tax analyst, H&R Block Canada. “In our experience in Aldergrove, we uncovered missed credits and deductions that resulted in refunds from $100 to more than $10,000.”
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