How to Deal With a CRA Tax Debt Before The CRA Catches Up With You

Tax debt can be terrifying; terrifying because owing the CRA money when you can’t pay will most certainly result in collection action. Tax debt is one of the main reasons people get behind filing income tax returns. Individuals get behind...

Posted March 18, 2013 | by admin |in Blog, CRA, CRA tax debt

What is the CRA Late Filing Penalty?

In Canada, if you file your income taxes late you will be subject to a CRA late filing penalty. This CRA late filing penalty can vary depending on how many times you have filed your income taxes late in the past. In addition to a CRA late...

Posted February 25, 2013 | by admin |in Blog, CRA Late Filing Penalty