Tax Filing Deadline Approaching – CRA Penalties and Interest

The tax filing deadline is fast approaching, and for many Canadians that means a tax debt that can eat into your savings account. For most, a tax debt and the resulting CRA penalties and interest are a pain, but that doesn’t stop them from accumulating. To help those...

Countdown to the 2013 Tax Filing Deadline – Are You Prepared?

The countdown to the 2013 tax filing deadlines has started. Individual filers – as you know, you must have your returns filed no later than April 30th and sole proprietors you must be filed no later than June 15th. So what happens if you miss the tax filing deadline...