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U.S. Signals Possible Intervention as Iran Faces Deadly Unrest

U.S. President Donald Trump attends a press conference, as he makes an announcement about the Navy's "Golden Fleet" at Mar-a-lago in Palm Beach, Florida, U.S., December 22, 2025. Protests across Iran have intensified amid deepening economic turmoil, prompting a forceful warning from U.S. President Donald Trump. In a late‑night post on his Truth Social platform, Trump said that if Iranian security forces “violently kill peaceful protesters,” the United States would “come to their rescue,” adding that the country is “locked and loaded and ready to go.” The demonstrations, sparked by frustration over soaring prices and a collapsing currency, have spread across multiple cities and represent one of the most significant challenges to Iranian authorities in recent years. Reports indicate several deaths and numerous arrests as clashes between protesters and security forces continue. Iranian officials quickly dismissed Trump’s remarks, accusing Washington of escalating tensions...
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Taxes 2024: Seven Best Tips for Last-Minute Filers as the Tax Deadline Approaches

 


With the April 30 deadline swiftly approaching, time is running out for most Canadians to file their 2023 income tax returns. But fear not, procrastinators! It’s not too late to get started. I’ve gathered some essential tips to help you navigate this last-minute scramble:

  1. Understand the Consequences of Filing Late:

    • For employees, the deadline is April 30, while self-employed individuals have until June 17 (since June 15 falls on a Saturday).
    • Regardless of your employment status, ensure that any outstanding balance is paid by April 30. Failure to do so results in daily compounded interest at an annualized rate of 10%.
    • Late-filing penalties are even steeper for repeat offenders. If you owe money to the government, it’s crucial to act promptly.

  2. Claim All Deductions:

    • Common mistakes arise from “mistakes of omission.” People often forget to claim eligible deductions.
    • Use your previous year’s tax return as a reference to ensure you haven’t missed any potential deductions.
    • If you’re unsure about a specific line number, visit the CRA website for explanations.

  3. Use a Checklist:

    • Anxiety about being late can be overwhelming. Ease your mind by using a checklist.
    • TurboTax Canada provides a 2023 tax checklist to ensure you have all necessary documents.
    • Remember, late returns may delay payments for credits and benefits like the GST/HST credit and the Canada Child Benefit.

  4. Pay Attention to Deadlines:

    • April 30, 2024: The deadline for most Canadians to file their tax return. Pay any outstanding balance by this date to avoid penalties and interest.
    • June 15, 2024: Self-employed individuals have until this date to file. Don’t procrastinate!

Remember, if you’re due for a refund, there’s no penalty for filing late. However, the longer you wait, the longer your refund remains in the government’s hands. So, take that money and put it to good use! 

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