Canada Revenue Agency Forms and Requests: – Beware
If you have a tax debt that you cannot pay in full, you should be very careful dealing directly with the Canada Revenue Agency (CRA). In fact, many agencies, including law firms, advise people who have large tax debts not to deal with the Canada Revenue Agency directly. Why? Because CRA agents are hired by […]
Canada Revenue Agency Collections Authority and How to Stop Them
Thousands of Canadians owe money to the Canada Revenue Agency. Thousands more will fall behind filing their tax returns, hoping that by not filing their returns they can buy time to come up with a way to pay the tax that they know they will owe. What many people don’t realize is that whether you […]
CRA “Requirement to Pay Issued” – What is it and what can you do?
If you owe money to the Canada Revenue Agency they have many resources at their disposal to collect the money from you. One very common resource that they deploy is called a “Requirement to Pay.” A CRA “Requirement to Pay” is a document that the Canada Revenue Agency will send to a third party, like […]
Dealing with Debt Part 4 – Income Tax Debt in Canada
Many, many Canadians struggle with income tax debt in Canada. Income tax debt in Canada can occur for many reasons, many of which were not intentional on the part of the taxpayer. Sometimes a taxpayer earns more than he or she expects, not realizing the tax implication. Other times taxpayers unwittingly declare expenses they are […]