Why Tax Accountant Matters
The CRA filing deadline for most individuals is April 30; self-employed individuals have until June 15 to file, though any balance owing is still due April 30. Corporations must file a T2 return within six months of their fiscal year end, regardless of whether tax is owed. A missed filing deadline triggers a late-filing penalty of 5% of the balance owing plus 1% per full month late, up to 12 months.

