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Hoping to file your 2024 taxes early? You might have trouble online


Published on 2025-03-05 13:01:08 - bnnbloomberg
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  • If you're someone who likes filing your taxes early, you could run into trouble this year. While the Canada Revenue Agency has been accepting online tax returns since Feb. 24, many eager filers have found themselves unable to click the "submit" button.

The article from BNN Bloomberg discusses the challenges Canadians might face when attempting to file their 2024 taxes early online. It highlights that due to the implementation of new tax software by the Canada Revenue Agency (CRA) and updates to tax laws, there could be delays and technical issues. The CRA has been working on improving its systems, but the transition might lead to slower processing times and potential errors in tax filings. Taxpayers are advised to be patient, ensure all their documents are in order, and possibly consider filing closer to the deadline if they encounter significant issues. Additionally, the article suggests that those who file early might not receive their refunds as quickly as in previous years due to these system changes.

Read the Full bnnbloomberg Article at:
[ https://www.bnnbloomberg.ca/investing/personal-finance/2025/03/05/hoping-to-file-your-2024-taxes-early-you-might-have-trouble-online/ ]
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