A lot of Canadians are struggling as a result of the COVID-19 outbreak. The Federal Government has responded with several economic measures to support individuals and businesses. Other organizations including financial institutions have stepped up as...
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Here are the important dates you need to know this tax season:February 17, 2020: if you filed your taxes on paper last year, CRA will automatically mail you the 2019 Income tax package by this dateApril 30, 2020: deadline to file your income tax return and to pay any taxes owingJune 15, 2020: deadline to file your income tax return if you or your spouse is self-employedMay 1, 2020: if you have a balance owing for 2019, the CRA charges compound daily interest starting May 1, 2020, on any unpaid amounts owing for 2019.Source: https://www.canada.ca/en/revenue-agency.html