CRA: 3 Massive Changes for Taxpayers in 2021

The tax filing date is back to the usual this year, or April 30. There’s no extension announcement so far from the Canada Revenue Agency (CRA) despite a more complicated tax preparation due to the COVID-19’s impact. The federal government introduced several benefits that count as taxable income.

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Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Christopher Liew, CFA

Original Article Posted on:  March 10, 2021

Link to Original Article:  https://ca.finance.yahoo.com/finance/news/cra-3-massive-changes-taxpayers-140752533.html

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