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CRA extended Income Tax Filing to May 5th at midnight - Tips from your local Real Estate Specialists

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Blog by Bettina Reid | April 29th, 2015

Just in case your panicking because you didn't get your 2014 taxes done and e-filed by midnight last night, worried about the penalty and interest for not filing and paying your 2014 taxes due on time.

NO NEED to panic as the Canada Revenue Agency messed up for the 2nd year in a row. Someone sent out reminders to Canadians letting them know that the deadline was May 5th, but this was a message from last year when there was a breach. The deadline really hadn't changed but because of this accidental message informing people of the extension they ended up having to honour it for ALL Canadians. Which means you have until midnight on Tuesday May 5th to get your taxes postmarked or e-filed to avoid the penalty and any interest owing.

Just in case you don't believe me, because even my accountant said the messages were mixed, as the Canada Revenue Agency had tried to recant the mistake before realizing it was too late.

Visit the Canada Revenue Agency website landing page to see for yourself : Canada Revenue Agency and be sure to file your 2014 taxes by Tuesday!