CRA extends filing deadline

CRA is extending the tax deadline to May 5 because the agency accidentally told some tax preparers the wrong date, CTV news reports.

The agency sent tax preparers a notice stating the tax filing deadline was May 5, instead of April 30. CRA told CTV the mistake was due to human error.

Read: Politics could shrink TFSA contribution room

Canadians can now file until May 5 without being penalized.

Last year, CRA extended the filing deadline to May 5 when its systems were affected by the Heartbleed computer virus.

Read more here.

Also read:

Essential tax numbers for 2015: updated

CRA says clients can contribute more to TFSAs now

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.