Category: RefundPortal.com

Tax Measures Under Canada’s COVID-19 Economic Response Plan

Reader Alert: On September 24th, 2020, the Speech from the Throne announced many tax and related initiatives including the extension of the Canada Emergency Wage Subsidy (the “CEWS”) program to the summer of 2021.[1] Reader Alert: On July 17, 2020, the Government of Canada released details, as well as draft legislation, in respect of a redesigned Canada Emergency Wage Subsidy...

You might get an interest check for your late tax return—here’s who qualifies and what to do with the money

While the second round of stimulus checks[1] are still in limbo, a small category of taxpayers can anticipate getting some additional cash sometime soon, this time from the IRS. According to a press release,[2] nearly 14 million Americans will receive an interest payment check for their delayed tax refunds. A long-standing law requires the IRS to pay interest to those who received...

Algeria: Tax developments in response to COVID-19

In framework of the implementation of the tax relief measures adopted by the public authorities to support companies financially impacted by the health crisis that the country is going through, it is brought to the attention of taxpayers that the tax authorities have adopted the following measures: Postponement of tax returns: Monthly Tax Return series G n°50: (Taxpayers under the...

The tax deadline has been extended due to the COVID-19 crisis

TORONTO — The federal government is giving Canadians more time to file and pay their taxes this year, as a result of the COVID-19 pandemic. On Wednesday, Prime Minister Justin Trudeau announced the Canada Revenue Agency will defer its filing due date for the 2019 tax returns of individuals and certain trusts. For individuals, that means the filing date has...