Tax deadline day - MoneySense

Tax deadline day

Haven’t filed your 2012 income taxes yet? Don’t panic. Here’s how you get it done before the puck drops tonight. Plus other stories…

  • The midnight tonight (April 30) deadline is only crucial if you owe taxes (interest starts accumulating May 1). If you’re not sure, it’s best to file on-time. Hey, you might even qualify for a refund! Paper forms can be picked up at your local post office or you can use any of these free, online, CRA NETFILE-compatible tax software programs and still be done in time for NHL playoff action. For information on what you can deduct and what you can’t, visit our Tax Centre.
  • Four months into the year, it appears Canadians are having trouble living up to their New Year’s resolution to pay down debt. Of the 63% of respondents to a PwC survey last year who said they intended to take steps to reduce their debt, only 23% reported real success against this goal and another 26% were outright unsuccessful.
  • Look to emerging markets like Nigeria and Vietnam for long-term buys, says Bryan Borzykowsk. Check out his top frontier market buys.