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Here are some of the important things you need to know this tax filing season. April 30, 2018: Most Canadian income tax and benefit returns for the tax year 2017 are due on April 30, 2018. June 15, 2018: If you or your spouse or common-law partner is self-employed, you have until June 15, 2018 to file your income tax returns. Express NOA: Tax preparers using certified tax software will be able to print a notice of assessment right after filing. Canada Post outlets: Canadians can now make in-person payments using cash or debit card at any Canada Post outlet. Extended...
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It is never too early to prepare for the tax filing season. One of the most important things to keep in mind is the deadlines. Here are the filing deadlines to remember this 2017 tax filing season. Most income tax and benefits returns for the tax year 2016 are due on April 30, 2017. But since this date falls on a Sunday this year, the CRA will consider you return filed on time and your payment made on time if they receive your income tax return by midnight of May 1, 2017, or if it is postmarked May 1, 2017. If...
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If you are self-employed or the spouse or common law partner of a self-employed individual, please be reminded that your deadline to file your 2015 income tax and benefit return is on June 15, 2016.  If you have a balance owing, it must have been already paid by April 30th, 2016.  Since April 30th was a Saturday, the CRA will consider your payment to have been made on time if the CRA received your submission or it was postmarked by midnight on May 2nd, 2016.  If you have not paid your taxes owing, you will be charged interest and penalties.  A...
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