Bifalgorithm post

The tax filing season is underway. On Monday, NetFile, the Canada Revenue Agency's online tax filing service, opens so that people can file income taxes and benefit returns. Now, for most people, April 30th is the deadline for filing income taxes and paying any taxes owed. Those who are self-employed have until June 16th to file their tax return, but any money owed should be paid before April 30th to avoid interest. There are some important changes to be aware of at the federal level. Tax brackets increase 2.4 percent to account for inflation. Contribution limits for RSPs have gone up to $32,490. The CRA says it has simplified the sign-in process on the website and launched an online help chat function. Plus, more than 2 million Canadians will be able to file their taxes automatically this year.

The tax filing season is underway. On Monday, NetFile, the Canada Revenue Agency's online tax filing service, opens so that people can file income taxes and be…