Not filing a tax return? You could be missing hundreds of dollars in government benefits

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A survey by H&R Block Canada says of last week there were still be seven million Canadians who have not filed their taxes to the Canada Revenue Agency.

A survey by H&R Block Canada says of last week there were still be seven million Canadians who have not filed their taxes to the Canada Revenue Agency.

The Canada Revenue Agency has been speeding up the process of assessing returns and Vittortos said that many Canadians who have already filed their taxes have received their refunds. "I’m glad that I started investing and paying myself first. I’m seeing the returns with my investments and it's super fun,” Rondeau said.

Another major change there is full taxation on residential estate property bought and sold within 365 days. According to CPA profits from the sale of residential real estate properties, including rental properties or personal use properties, that are owned for less than 365 consecutive days will be fully taxed as business income. They will not be treated as a capital gain, as part of new “anti-flipping” rules. Exceptions, such as a sale related to a death or relocation, may apply.

Tax software can walk you through filling out your return and there are many free programs you can use that are accepted by the government. You can find a list of them onBaby, grandparents among 4 people killed in wrong-way police chase on Ontario's Hwy. 401Witness details deadly wrong-way police chase on Ontario's Hwy.

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