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How COVID-19 has affected filing taxes this year
As tax season approaches, Canadians are faced with filing for an unprecedented year – job losses, federal financial aid and working from home are just some of the major adjustments made over 2020.
The Canada Revenue Agency (CRA) has listed all the deadlines for the 2020 tax year on their site.
April 30, 2021, is both the filing and payment tax deadline for individuals.
Experts say that this year’s tax returns could look very different than what Canadians are used to – and to plan accordingly.