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Canadian Tax Consultants: Do You Have a Debt Relief Partner to Support Your Tax Clients Who are in Trouble?

It is not uncommon to find out that your client is facing financial troubles – particularly during the time of a global pandemic. In fact, many independent professionals and tax specialists including personal tax accountants, tax preparers...

Pros and Cons of Refinancing Your Mortgage to Get Out of Debt

Mortgage refinancing is a popular way to get out of debt, but is it the right option for you? During the ongoing COVID-19 pandemic, you may be looking for ways to reduce your debt load. If you own a home, you can use available equity to pay...

Canadian Income Tax Filing Deadline Coming Up: What To Do If You Can’t Pay

The new Canadian income tax filing deadline is coming up soon — on June 1, 2020. Is your return ready to file? Due to COVID-19, the income tax filing deadline was moved from the usual April 30 to June 1. If you owe, the deadline to pay has...

COVID-19 Income and Debt Help for Canadians

The past two weeks have been a non-stop train of breaking news as Canada copes with the novel coronavirus, COVID-19. This public health pandemic is affecting many across the country — both medically and financially. In order to “flatten the...

Rebuild Your Credit in 2020 Using These Simple Steps

Happy 2020! We’re just over a month into the new year. How are your resolutions going? If you’re anything like the majority of Canadians, they might have fallen by the wayside… A 2018 survey from Strava found that most New Year’s resolutions...

CRA Auditing PayPal Business Recipients — What to Do If They Have Come After You

Business owners, have you received income using PayPal? If so, the Canada Revenue Agency (CRA) may be contacting you for an audit. In November of 2017, PayPal was served with a Federal Court of Canada order to submit specific information to...

Bankruptcy and Consumer Proposals Rise as Consumer Debt Reaches Record Limits

Are you struggling with consumer debt? If so, you’re not alone. According to BNN Bloomberg, the average Canadian household owes $1.76 for $1 of annual disposable income. The same household devotes $0.15 of every disposable dollar to making...

2020 Plan to Fix Your Credit and Finances

The new year is around the corner. It’s the perfect time to make a plan to fix your credit, finances, and get out of debt for good! 2020 isn’t only a new year — it’s also a new decade. Start the next 10 years off on the right financial footing...

Wage Garnishment 101 – Know Your Rights and Options

If you’ve received a wage garnishment, you might be feeling scared and confused. You need to know how to stop it — and fast. But that’s not always easy to do. There are different types of wage garnishments — and each one has different options...

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