This is yet another reminder that the interest-free payment deadline for your 2019 individual income tax returns and 2020 March/June/September instalments is Wednesday, September 30, 2020. Penalties and interest will not be charged if returns are filed and payments are made by this date. This includes the late-filing penalty. Source: Canada.ca
The You First Blog
Market update for week ending November 8, 2019. Included: 2020 CPP Max Pensionable Earnings Set; Wealthview Update; Weekly Update By The Numbers
“Normally I miss deadlines like a Stormtrooper misses Jedi” – Patrick Rothfuss Tax Filing Deadline Next Week As a final reminder, the tax filing deadline is next Tuesday, April 30th. If you have self-employment income, the deadline is June 15th. Again, regardless of when your deadline is, if you owe money, then the payment deadline… Read More
“I love deadlines. I love the whooshing noise they make as they go by” – Douglas Adams 2018 Tax Deadline We generally quote a two-week turnaround for completion of tax files. Given the volume of tax files we’ve received to-date, we would like to remind you that it the April 30th deadline is only 18… Read More
“The art and science of asking questions is the source of all knowledge” – Thomas Berger Guide to Recessions Capital Group has released an informative, user-friendly piece on the topic of recessions. The article answers the following questions: What is a recession? How long do recessions last? What happens to stock markets during recessions? What… Read More
“Diligence is the mother of good fortune” – Benjamin Disraeli Be Aware: CRA Scams Abound As we enter the full swing of tax season, it is important to remember that scammers posing as CRA agents are also getting into full swing. The CRA has put together a helpful list of things they MAY and things… Read More