Deadlines! Deadlines! Deadlines!

Today is the last day to contribute to your RRSP for the 2008 tax year. RRSP contributions are a great way to save money because it reduces the amount of income that you have to pay tax on. You should review your notice of assessment from last year to see how much unused room you have left. You should be trying to use up this room for 2009.

April 30th is the last day on which any taxes owing are due to the government. This means that everyone needs to pay up. You may have a filing date of June 15th, if you are self-employed, but the taxes are still due April 30th. You should do your taxes ASAP in order to properly plan out any amounts owing to the government, plus you avoid any late fees.