Millions of taxpayers who have yet to file their 2012 tax returns have just hours to complete that annual ritual or face possible late filing penalties. The deadline is midnight tonight.
Most Canadian tax returns are filed electronically these days, and it's not hard to see why. Services like EFile and Netfile are fast, secure, more accurate, and refunds can take as little as eight business days with direct deposit. With the April 30 filing deadline looming, we review what tax software is out there for those who want to go paperless.
There is no shortage of confusion and misinformation out there when it comes to filing your taxes – from skewed perceptions of tax refunds to simple misunderstandings about revenue agency rules. We bust 10 of the most common myths.