Everything you need to know about your taxes for 2021

CTVNews.ca spoke with three experts in the Canadian tax sphere to help Canadians prepare for the upcoming tax season.

To help ease the stress, CTVNews.ca spoke with three experts in the Canadian tax sphere to help Canadians prepare.

The biggest date to know is March 1, which is the deadline for RRSP contributions to count for this tax season.

Josee Cabral, a spokesperson for H&R Block, told CTVNews.ca that there is no “golden rule” for how much Canadians should be looking to contribute to maximize their tax return, but that tax experts can do that math in advance, if you’re prepared early enough.

“It all depends on your income and what other deductions that you're entering,” she said in a recent virtual interview.