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04/15/2025

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‘A nasty surprise’: TurboTax customers in Ontario owe big money after CRA audits

03/14/2025

12/30/2024

The federal government is extending the deadline for making charitable donations that can be claimed on tax returns through to the end of February, the Department of Finance announced in a press release Monday.

“The federal government intends to amend the Income Tax Act to extend the deadline for making donations eligible for tax support in the 2024 tax year, until February 28, 2025,” the press release said.

The department said this was being done to “mitigate the impacts of the four-week Canada Post mail stoppage by providing donors with sufficient time to ensure their contributions are received and processed, helping charities ensure they can deliver vital services to the communities that depend on them.”