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Last-minute tax tips and real estate sales alert

Last-minute tax tips and real estate sales alert Save to Read Later Well, we are halfway through April (and apparently halfway through winter) and the Canada Revenue Agency has not announced any extension to the April 30 tax filing deadline. Opinion Well, we are halfway through April (and apparently halfway through winter) and the Canada Revenue Agency has not announced any extension to the April 30 tax filing deadline. With the third wave of COVID-19 infections causing lockdowns in Canada’s most populous provinces, that’s a bit of a surprise. However, I guess it’s time to give up hope, stop stalling and file your 2020 tax return, if you have not already.

Getting excited about tax preparation

Winnipeg Free Press Opinion Readers and friends have teased me over the years about my unbridled enthusiasm over income tax preparation. I’ll confess that some of that enthusiasm has been pretend, but there is one thing I do love about tax prep that I think might help get you excited as well. What I like is tax preparation has an end. So many things in our lives these days are never-ending, like Groundhog Day, over and over again. It’s hard to find a project where you can say, That’s done! On the other hand, when you sign and mail that tax return (yes, I know, you actually push Send on your computer or give your accountant the go-ahead to do the same), that tax return is finished. Yes, you must wait for your Notice of Assessment from CRA and they may ask for some more information, but at least your part of the job is now complete.

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