Category Archives: CRA Tax Arrear

Canada income taxes previous years – There are Penalties and Interest Fees

It is possible to file your Canada income taxes previous years returns easily and safely. The CRA expects you to come out voluntarily and use the preset mechanisms for reporting undisclosed earnings. There is no danger of being prosecuted or jailed as long as you volunteer information you have been hiding. Without utilizing the mechanism » Read More

Solutions for Tax Arrears

Tax consultants and chartered accountancy firms provide solutions for handling tax arrears in these challenging times. Even finance managers are struggling to meet their tax obligations. Average terms of payment to trade suppliers are lengthening, making them unable to make payments even to GST and HST on time. The tax consulting professionals take a hands-on » Read More