There are new rules this tax season, courtesy of COVID-19. Heres what you need to know

Author: External Author | | Categories: Accountant , Bookkeeping

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Heads up, Canadians: Due to the COVID-19 pandemic, this is going to be a tax season like no other.

If you collected COVID-19-related benefit payments last year, you might end up owing more money than in previous years. However, if you spent part of 2020 working from home, you could wind up with a bigger tax refund than usual.

Here's what you need to know about filing your taxes this season, including important deadlines.

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Original Article Source Credits:   CBC News , https://www.cbc.ca/

Article Written By:  Sophia Harris 

Original Article Posted on:  Feb 27, 2021

Link to Original Article:  https://www.cbc.ca/news/business/cra-covid-benefits-1.5928069



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