Time is running out to file your tax returns for 2015. While the tax deadline usually falls on April 30th, this year's deadline has been shifted to May 2nd, as the 30th falls on a Saturday. Despite having a few extra days to get your taxes in, H&R Block Franchise Owner Dave Foley notes they're still anticipating a rush on Monday. 

Dave Foley

"Typically there's always a group of population that leaves it until the last minute, no matter what day it is. I'm sure we'll see a bit of a rush Monday as well. We've been pretty fortunate in that most people seem to have been in and at least dropped their information off at this point."

He says it's better to have your documents together sooner, rather than later, to allow time to add anything that may have been missed. Foley adds it's vital to have your returns in the mail by the end of the day Monday, to avoid facing penalties.

"If you file after the deadline there's a late filing penalty of five per cent on anything you have owing, and then an interest charge of one per cent a month on what you have owing. Anybody who typically gets a refund or is entitled to a refund, the filing deadline is a little bit less of an issue. However, it can impact things like child tax, GST, income supplement for older individuals."

He says they've been quite busy over the last week, and their staff have been working hard leading up to the tax deadline.