There are consequences for not filing taxes on time in Canada. Here are some of the potential consequences:

1. Late-filing penalty: If you owe taxes and file your return after the deadline, the CRA will charge you a late-filing penalty. The penalty is 5% of your balance owing, plus an additional 1% of y...

1. TurboTax Free: TurboTax Free is a popular tax filing software that offers a user-friendly i...

1. Online filing is the most convenient and fastest way to file your tax return. Certified software programs can file your return through the CRA website.

2. Paper filing: You can also file your tax return by completing the appropriate forms and mailing them to the CRA.

3. Filing through a tax professional: If...

• According to the CRA, anyone who earns income in Canada must file a tax return, regardless of whether they are a resident or a non-resident. This includes both Canadian citizens and permanent residents, as well as temporary residents who have earned income while working in Canada.
• It is important to ...