Tax Tips – Tax Season  2022 – Essential Links

Tax Tips – Tax Season 2022 – Essential Links

Good morning everyone! It’s almost that time again! Tax Season 2021/2022!

Here is the rounded-up list of essential links you NEED to review in order to be properly prepared for tax season. There are sections for personal income tax, WCB, business reporting, trusts and much much more!

Still, have questions? Contact us today!


Canadian Personal Tax Information

2021 Due Date for Tax Returns & Payments is May 2, 2022.

Personal income tax returns, except for those of individuals with self-employment income, are normally due by April 30th, as is any amount owing.  Penalties and interest may be charged for late returns or late payments.

Self-Employed Due Date

Individuals with self-employment income have until June 15th to file their 2020 personal tax returns, but any amounts owing must still be paid by April 30th.  This extension applies to individuals who carried on a business in the year, other than a business whose expenditures are primarily the cost or capital cost of tax shelter investments.  The extension also applies to the spouse of an individual who carried on a business in the year.  S. 150(1)(d)(ii) of the Income Tax Act regarding the extens

Personal Income Tax Calculators, RRSP/RRIF calculators, investing calculators and more

Personal Income Tax Articles

Employee Tax Topics

Investing Tax Topics

Property Rental, Real Estate

CPP Resources

WCB Resources

Trust Resources

Audit Resources

COVID-19 Business Subsidy Updates