Category Archives: Overdue Tax Return

Unreported Foreign Income to the CRA: CRA’s Target

The tax collector is the same no matter which country you live in. They will leave no stone unturned when going after a delinquent tax payer. That’s why people with unreported foreign income to the CRA must be aware of the CRA’s new methods of getting to them.  The Canada Revenue Agency has maximized enforcement » Read More

Income Tax Canada Requirement: File Taxes On Time

Are you an eligible taxpayer in Canada? The Canada Revenue Agency, the chief administrator of the income tax system, wants you to pay your taxes on time. It does not matter whether you are needed to pay personal income taxes or corporate income taxes. The CRA has an internet-based procedure for filing your tax returns.  » Read More

Voluntary Disclosure and Unfiled Taxes Canada

Many Canadians lose their sleep over unfiled taxes Canada as they get nervous about the income that they have failed to report to the CRA. Such acts amount to tax evasion. Yet, things can be brought back on track with proper planning and professional help. The taxation system for income tax in Canada is self-assessment » Read More

Voluntary Disclosure and Unfiled Taxes Canada

Many Canadians lose their sleep over unfiled taxes Canada as they get nervous about the income that they have failed to report to the CRA. Such acts amount to tax evasion. Yet, things can be brought back up to date with proper planning and professional help. The taxation system for income tax in Canada is » Read More

Getting Ready to File Income Taxes Past Years

It will never be too late for you to file your income taxes past years. People think in terms of filing their income tax returns generally for the current year. But, if you have not filed tax returns for the past few years or you have tax returns which are overdue or outstanding, you can seek » Read More

Ways to file your Past Years Income Taxes

It is important to file your back taxes and look into past years income taxes.  The principal reason for filing your back taxes is to be compliant with the law because failure in filing taxes is a federal offense which is punishable by huge penalty and a possible criminal prosecution and imprisonment. If you are » Read More