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Some people just aren't inspired to file their taxes until the deadline - which is May 2 this year - is hanging over their heads, says Cleo Hamel, senior tax pro at H&R Block.

If you're one of them, and you have a question about filing, you're in luck. Ms. Hamel joins us now for a live discussion and will answer your last-minute questions. Mobile users can join the chat by clicking here.

For further reading, here are a few last-minute tips from H&R Block:

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• Avoid the late filing penalty: Even if you can't pay your balance owing, file your tax return by the deadline. It will save you the late filing penalty.

• Both spouses should file: Make sure you and your spouse or common-law partner file a tax return on time if you want to begin or continue receiving the Canada Child Tax Benefit payment.

• Capital gains or losses: If you disposed of a capital property such as shares or mutual funds, you must file a return to report the capital gain or loss.

• RRSP contribution calculation: Any earned income you report on a tax return is included in the calculation of your RRSP contribution amount for next year. Any unused contribution room is carried forward.

• Self-employed deadline is June 15: If you or your spouse are self-employed, you have until June 15 to file a return. However, if you have a balance owing, the CRA will charge you interest on the outstanding balance as of May 3.

• Figure out the payments: The CRA charges 2 per cent more on amounts you owe them than amounts they owe you. So if you don't have the money to pay them, you should be able to arrange a line of credit with a bank on more favourable terms.







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