![\"Canadian](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/Tax-Deadline-Canada.png\")
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If you\u2019re a <\/span>Canadian,<\/span> then you know that<\/span> the deadline for filing<\/span> your<\/span> 2017 tax return is looming. You have until Monday, April 30, 2018, to submit <\/span>your return <\/span>to the CRA and avoid paying penalties and interest. If you\u2019re self-employed, the deadline isn\u2019t so tight–you have until June 15 to file your return.<\/span><\/p>\n Now<\/span> many of us find the task in question daunting and fight the anxiety in the worst possible way<\/span>: b<\/span>y procrastinating. As the deadline approaches, the nation-wide scramble begins to get acquainted with the <\/span>new tax rules for 2018<\/span><\/a>, <\/span>check the<\/span> eligibility requirements for claiming credits and deductions, collect all necessary documents, make accurate calculations, fill in forms, etc.<\/span><\/p>\n Of course, there\u2019s always the possibility of hiring an accountant to do your taxes. But the truth is, no one in the world cares more about your money than yourself. So, if you want to really understand the tax system, learn something new, and save money in the process, it\u2019s best to do your own taxes.<\/span><\/p>\n If you decide to go that DIY route and<\/span> file <\/span>your own taxes for <\/span>the first time<\/span>, it certainly won\u2019t be easy. But the good news is–it\u2019ll be satisfying at the end. More importantly, acquiring that experience will help you with<\/span> filing future returns<\/span> in the following years.<\/span><\/p>\n Considering how easy it has become to file taxes online, it comes as no surprise that almost 90% of all Canadians have ditched the pencil-and-paper filing method in favor of an all-digital proc<\/span>ess<\/span>. And we couldn\u2019t agree more with such a choice. Using electronic PDF forms instead of paper ones can save you the hassle of when the scanning all your hard copy files into PDFs when the due date approaches.<\/span><\/p>\n So, to <\/span>ensure the tax filing process goes<\/span> more smoothly next year<\/span><\/a>, the most important thing is to start organizing all the necessary electronic documents in a systematic and easy-to-comprehend manner from day one.<\/span><\/p>\n And that\u2019s when a professional solution for dealing with PDFs such as <\/span>Able2Extract Professional<\/span><\/a> comes in handy. Let\u2019s see how it can help you with digital files and your tax season endeavors.<\/span><\/p>\n Security breaches and exploits of personal data make headlines almost every day now. Don\u2019t just assume it won\u2019t happen to you, especially when you can take some easy steps to prevent becoming a victim of information theft.<\/span><\/p>\n Able2Extract will let you encrypt and password protect tax-related files. Furthermore, you can set permissions and, for example, make it impossible for the receiver to copy-paste the content.<\/span><\/p>\n Here\u2019s how it\u2019s done if you want to <\/span>create PDF<\/span><\/a> files from any printable format:<\/span><\/p>\n The encryption process is a little bit different if you want to encrypt a PDF. Follow along:<\/span><\/p>\n Note that the <\/span>Owner password<\/b> acts as a \u201cMaster\u201d password and you should keep it only for yourself since opening the file with it means that there are no restrictions to what can be done with the encrypted file.<\/span><\/p>\n The <\/span>User password<\/b> is meant for sharing the encrypted document and all the permission set in Able2Extract will apply to the document opened that way.<\/span><\/p>\n Remember that all taxpayers need to keep tax records and supporting documentation for six years. PDFs created with Able2Extract Pro 12 are compliant with the ISO standard PDF\/a for long-time archiving which means that your digital files will be preserved for years to come if you integrate Able2Extract into your tax routine.<\/span><\/p>\n Various receipts, invoices, and reports you need to file your taxes properly and <\/span>claim<\/span> all the benefits you could be entitled to (such as <\/span>Guaranteed income supplement<\/span><\/a> or <\/span>Canada child benefit<\/span><\/a>) can easily fill up folders on your computer. Related documents can be separated in<\/span>to <\/span>subfolders and tagged for easier cross-referencing, but there\u2019s an even better way.<\/span><\/p>\n Let\u2019s assume you\u2019ve downloaded a PDF form you need to fill in with accurate data at the end of the tax period. You can streamline your workflow with Able2Extract by continuously attaching all the necessary documents directly to it, throughout the year. By <\/span>us<\/span>ing this tip, you\u2019ll have only one file and links to all the resources right inside of it, so you don\u2019t need to dig them up from the depths of your hard drive when needed.<\/span><\/p>\n When you open a PDF in Able2Extract you are by default in Conversion mode and on the right-hand side of the interface, you can see the <\/span>Annotations <\/b>panel with various options. To attach a file to your already opened file, click the <\/span>paper clip icon<\/b> (when you hover over it, <\/span>Add Attachment<\/b> text will appear), select the file, and click on the appropriate section of the document to place a push pin.<\/span><\/p>\n To open the attached file, <\/span>click on the pushpin while holding Alt\/Option<\/b> on the keyboard down. The full list of attachments can be found in the <\/span>Attachments tab<\/b> on the left-hand side of the interface, below <\/span>the <\/span>Thumbnails and Bookmarks tabs.<\/span><\/p>\n Furthermore, in the <\/span>Comments<\/b> section on the right<\/span>,<\/span> you can see the <\/span>date and time<\/b> when every attachment was added. <\/span>You can even write down your own <\/span>comments<\/b> so that you don\u2019t have to remember important information yourself.<\/span><\/p>\n If you\u2019re filing for a benefit return<\/span>,<\/span> this tip will help you <\/span>gain <\/span>easy access to all the slips, forms, and receipts needed to support any claim or deduction–right inside the official, fillable PDF form.<\/span><\/p>\n There are a lot of PDF tools for filling in PDF forms, whether they\u2019re desktop applications, online services, or even modern internet browsers.<\/span><\/p>\n Nevertheless, Able2Extract Pro 12 is a rare <\/span>PDF form filler<\/span><\/a> that doesn\u2019t gather any information from end users. It doesn\u2019t need an internet connection to work. There\u2019s no backdoor that hackers could use to access your sensitive information such as your address, social insurance number, or employment income.<\/span><\/p>\n How can you take advantage of this when doing your taxes? Well, just download fillable PDF form and work with it in Able2Extract. By doing so, you\u2019ll meet the tax deadline prepared and safe.<\/span><\/p>\n Working with PDF forms inside Able2Extract is simple. Open the file, click on text boxes and type, and change the state of checkboxes with a single click.<\/span><\/p>\n If there\u2019s a <\/span>hyperlink<\/b> in the PDF form you\u2019re filling in and you want to follow it to get more information about the required form fields, just <\/span>left-click the link while holding Alt\/Option button<\/b> on your keyboard. The default browser will fire up and present you with a linked URL.<\/span><\/p>\n Sometimes you\u2019ll need to provide <\/span>your <\/span>documents for tax reviews or audits digitally. If you <\/span>get audited or selected for review<\/span>, you\u2019ll get a letter with precise information about what you need to provide.<\/span><\/p>\n Yet, some of the documents containing required information will have personal or business data you w<\/span>on\u2019t <\/span>be comfortable sharing, especially if you need to send those files electronically.<\/span><\/p>\n That\u2019s when you can take advantage of Able2Extract\u2019s ability to <\/span>edit PDF<\/span><\/a> files directly.<\/span><\/p>\n As you already learned how to open the file with Able2Extract and switch to Edit mode, we\u2019ll skip that part and jump right to explaining <\/span>how to redact data<\/span><\/a> you don\u2019t want and don\u2019t need to send.<\/span><\/p>\n When in Edit mode, look for the <\/span>Redaction<\/b> icon in the Content panel on the right. Click on the icon and then click anywhere on the document and keep the left mouse button pressed while dragging rectangle all over the area you wish to redact, whether it\u2019s just one number, the paragraph, or the whole page. Repeat the process for the next section.<\/span><\/p>\n When you click on the redacted portion of the document, you\u2019ll gain access to the <\/span>Redaction options<\/b> in the Content panel. Those are:<\/span><\/p>\n Additionally, you can click on the text while in the Edit mode and manually delete or change it or you can select the <\/span>Delete<\/b> icon (right above the Redaction one) and delete certain fields, sentences, and paragraphs more quickly. When you hover over the content inside the document while the Delete icon is active you\u2019ll see the preview of what will be deleted if you left-click it. When you\u2019re done, click on the Delete icon again to deselect it.<\/span><\/p>\n Microsoft Excel is the go-to tool for dealing with complex data. Formulas and functions in Excel can help you cut down <\/span>on <\/span>time needed for <\/span>calculating taxes data<\/span><\/a> you\u2019re required to provide for your tax returns.<\/span><\/p>\n Even if you\u2019ve kept your digi<\/span>tal <\/span>document<\/span>s <\/span>organized, it doesn\u2019t mean filling in tax forms will be easy and straightforward. Gathering scanned documents like receipts and ledgers collected over the year itself can be a tiresome task, let alone calculating a total. Errors can occur easily and that can lead to more problems with Canada Revenue Agency in the long run. So, precision when doing this kind of work is essential.<\/span><\/p>\n The best way to go about this is to use the <\/span>Custom <\/b>PDF to Excel<\/b><\/a> feature–one of the most prominent features of Able2Extract which really sets this tool apart from the competition. Combined with <\/span>Optical Character Recognition (OCR)<\/b> for turning image-based PDFs into editable content, the PDF to Excel conversion can extract and prepare all the data you need for quick and \u201cbulletproof\u201d Excel calculations.<\/span><\/p>\n Let’s see how you can custom-tailor your PDF to Excel conversion and get the best possible results that w<\/span>on\u2019<\/span>t need any additional clea<\/span>n<\/span>-up.<\/span><\/p>\n Open the file you want to convert, and if you have a scanned document, first go to <\/span>Edit>OCR Options<\/b> and select <\/span>Perform Image-based Conversion (<\/b>OCR<\/b><\/a>). <\/b>Now <\/span>![\"Digital](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/Canada-Tax.png\")
<\/p>\nSecure and Encrypt Your Tax Related PDF Files<\/b><\/h2>\n
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![\"How-To](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/Create-Secure-PDF.png\")
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![\"How-To](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/Encrypt-PDF.png\")
<\/p>\nKeep Related Files in One Place with PDF Attachments<\/b><\/h2>\n
![\"Location](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/Add-Attachment.png\")
<\/p>\n![\"Pushpin](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/Attachment-Panel.png\")
<\/p>\nFill in PDF Forms and Keep Your Information Private <\/b><\/h2>\n
![\"Filing](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/PDF-Form-Filling-1024x444.png\")
<\/p>\nRedact or Delete Personal Data<\/b><\/h2>\n
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![\"Options](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/PDF-Redaction.png\")
<\/p>\nConvert PDF to Excel for Precise Calculation<\/b><\/h2>\n
![\"Enabling](\"https:\/\/www.investintech.com\/resources\/blog\/wp-content\/uploads\/2018\/04\/OCR-For-PDF.png\")
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