Category Archives: Tax Problems

Why Need Professional Help With Tax Problems Canada?

Regardless of whether or not there is a recession, there will be people who are suffering hardship, and if you are one of them, you could find yourself at odds with the CRA. When you suffer tax problems Canada Tax 911 Now has many highly experienced tax professionals who will be able to give you advice and work alongside you when it comes to dealing with the CRA.

You may think you are capable of dealing with the CRA and this can be a dangerous way to think. They have just one aim and that is to get you to pay your tax and they have no concern for you or how you will manage to pay your bills. If you find that you are facing tax problems Canada we have a system that makes sure that you have to pay what you owe. Agreeing to this on your own may not be the best way to go and you will get a better deal if you have someone carry out the negotiations on your behalf. Some people may say they can help you to deal with the tax problems Canada the Canada Revenue Agencies have presented, but you need to make sure they are up to the job. If they do not have the tax knowledge, then they may not put your case across very well.

There could be many reasons why you now owe money to the CRA and you have to have someone who knows the ins and outs of the tax policies to help you determine that. It is no good arguing one rule when it is not appropriate for the situation. Regardless of your tax problems Canada, the tax authority needs to be respected and unless there is a good case put forward, there is no way that you will have your tax situation rectified to your satisfaction.

With tax professionals like Tax 911 Now’s team, you will be able to have a free consultation so as you can explain the situation to a professional and they will be able to tell you if you have a case or not when it comes to the tax problems Canada. Just because you are not happy with the amount you have to pay, or realize that you will have a problem paying it, does not mean that you can get away from paying the full amount.

Sometimes you will have to accept the situation and deal with the fact that when it comes to you and your tax problems Canada, the CRA officials may have the upper hand. That is why your tax problems Canada based will need to be dealt with by someone who is incredibly experienced. If the case has progressed so as you have liens on your property it is more important than ever the person putting forward your case is experienced.

Dealing With CRA Tax Problems

It is hard to imagine how stressed you can become if you are not able to pay your tax. Knowing that there are sanctions that the CRA can place on you can make it worse, and due to these sanctions, it is important that you sort out tax problems with CRA as soon as you can. The people who manage to sort out their CRA tax problems tend to be the ones who get help to deal with them, rather than struggle along alone.

When there is someone who is qualified looking at the problems you have, they will be able to let you know what they can do to help. There are few issues where there is nothing at all that can be done, as even when there are not reasons to reduce the amount you owe, it could be possible to arrange a way to pay and this will go a long way towards sorting out your CRA tax problems.

Even for the strongest people, dealing with the authorities can be difficult and even if you feel you can cope, the time it takes you to carry out the research and decide what to do, could be better spent working on your business or enjoying life with your family. A CRA tax problem is best left to someone who has knowledge of the legislation and experience of arguing the legalities with the authorities.

Whatever the reason for your tax issues with CRA, the people who you hire to put the mess in order will not judge you. It could be that you miscalculated and got a bigger bill than you expected or just did not put anything away to pay. When you work with a professional to solve your CRA tax problems, you will not only get the information you need for the current problem at hand, but can also get a lot of advice for the future tax issues.

The more you learn about what you have to pay and how the forms are worked out, the more likely you are to get it right next time and not face the same problems. You really will find the information you pick up a great help and it can stop you ending up with a CRA tax problem in the future. The relief you feel when you realize that there is a way to pay the bill and not end up having money taken from your salary or having a lien put against your house is hard to describe.

You may have thought that you would be the kind of person who would never have CRA tax problems. Unfortunately this is the kind of an issue that can happen to anyone. You do not have to try to cheat the system or in the habit of running up debts. Once it happens to you, you will want to get out of the mess as soon as you can.

How to deal with a CRA Tax Problem?

The CRA tax problem will arise when you have not paid the tax amount outstanding in your name by the tax return filing deadline. The problem will still raise its head when the CRA does not agree with the income or the deductions that you have reported in your returns.

Many people are not sure how to handle a Collections Officer from CRA who gives them a call before coming to their home or their office. Before you get a Notice of Assessment from the CRA, it is advisable to be proactive and prepared and seek professional help from specialized tax consultants. When you seek professional tax consultant’s help, there is no question of letting the Collections Officer into the home or the office as the Officer will be taken care of by your legal tax representative. While seeking professional help for the CRA tax problem, you have to keep in mind that the Collections Officer does not have the authority to forgive or pardon any tax debt amount of yours. The task of the Collections Officer is to collect the entire tax amount owed by you.

It is a mistake when you want to tackle the CRA tax problem all by yourself. Collection officers could be very aggressive and their main aim is to collect the full tax amounts as fast as possible. They are backed with full collection powers and the taxpayers are not fully aware of their rights are when it comes to collection and enforcement of taxes.

When you receive a Notice of Assessment or any communication from the CRA concerning your tax debt, you need to hire the services of tax consultants as soon as possible. These consultants have the necessary experience in handling the CRA collections and have been solving CRA tax problem for many years. They may well be in a position to challenge the Notice of Assessment that have been sent by the CRA to you. They may counter that by filing a Notice of Objection. They will also be adept at arranging or negotiating a payment arrangement or a plan that may be acceptable both to you and the CRA.

When such negotiations are carried out in the early stages of the CRA tax problem, enforcement actions could well be avoided and you will be saved from the embarrassment of seizure of your bank accounts or your wage garnishments. Even if your wages have been garnished or your bank account has already been seized, you can still take care of the CRA tax problem through your tax consultants who can work out a satisfactory schedule of payment to the CRA. When the CRA accepts it, the garnishment of your wages will be lifted and the freeze on your bank account will be released.

When a payment negotiation plan is accepted by the CRA, your tax consultants may also advise you in connection with the consideration of a taxpayer relief or fairness application in case of qualification as a result of extra ordinary circumstances or financial hardship that may have affected your inability to file your tax returns in the first place.

CRA Tax Problem Help in Toronto and Other Canadian Cities

Many people in Canada find themselves facing a tax debt that may become too big for them to handle when CRA knocks at their doors and starts giving them deadlines to work out payment plans. It is not an easy task to deal with a CRA collections officer who could be aggressive.

Seeking tax problem help in Toronto or other cities in Canada becomes an important in part of handling the CRA tax people. CRA will generally accept a payment schedule that may stretch up to a period of six months. In order to clear yourself of a tax mess, you require professional tax problem help in Toronto or other Canadian cities because you have to understand thoroughly about the options available to you and how best you can begin to protect yourself and your business assets.

You really need some tax problem help in Toronto or other cities for there are cases when CRA will refuse to negotiate a payment plan which was thought as reasonable by you. This is where professional help and tax problem help will come in.

For any business enterprise or an individual, taxes have become one of the most difficult areas. The world has changed drastically and indifferent accounting just cannot pass. Consequently, thousands of business owners across Canada find themselves right in the middle of heavy tax problems leading to tax liabilities and they seek out tax problem help in Toronto and many other cities in Canada.

An individual facing tax problems may have reached that stage because of not being aware of the possible problems. By seeking tax problem help in Toronto or other cities, he or she could begin to avoid those problems and resolve them so that operation is possible in a tax worry free world.

People tend to ignore the communications they receive from the CRA collection centres. This is because they may be scared of the results that are linked with the kinds of tax problems they may have or that they require more time to come up with the finances to pay off their tax debts. Not taking tax problem help may result in a collection action from the CRA. If you feel that there is a tax problem, then it is advisable that you seek representation and tax problem help as early as possible.

The routine kinds of collection action that you may seek tax problem help in Toronto or many other Canadian cities could be handling demand letters from the CRA, financial disclosure requests, CRA garnishment to your wages and bank accounts that could get frozen. There may be additional action such as garnishment notices that may be sent to the financial institutions that you deal with along with liens on your property.

So, if you land into trouble when resolving a tax debt problem with the CRA, you need to seek out tax problem help in Toronto or other Canadian cities. When you seek professional tax help, you may buy time with the CRA collection practices. If your problem is pegged to coming forward with a payment schedule or a plan, you may take tax problem help.

Dealing with CRA Tax Problem

When the taxes cannot be paid on time and the returns cannot be filed, people have to be prepared to face a certain problem – the CRA tax problem. The lives of many Canadians are riddled with all kinds of tax problems. A high number of taxpayers are going bankrupt in Canada as a result of the scale of their tax problems. The excessive costs of interest charges and penalties are of a high magnitude that people are finding it difficult to bear.

CRA will do their utmost in recovering the tax dues that are owed to them. As a taxpayer, you have to be aware of what actions you have to take to handle a CRA tax problem and the steps you have to take to reduce the penalties and interest costs. The expert advice that is given by all experienced tax representatives and tax accountants is that the best way of handling a CRA tax problem is not to sleep on it. It is not at all wise to procrastinate when you deal with CRA.

When you seek professional help to tackle a CRA tax problem, you will be aided by a group of tax experts who will be working on your tax case as technical consultants and accomplished negotiators. Most tax accounting firms construct your financial records forensically so that they could be ready for an audit. They prepare themselves for all questions that could be asked in a typical tax court.

To prepare yourself for a possible CRA tax problem, you have to get your tax accountants to work closely with tax representatives for all matters pertaining to the Income Tax Act. A tax representative is well versed in both fields. A tax representative, therefore, becomes a unique kind of accountant so that you are allowed to be represented in Informal Procedure tax court proceedings.

Most tax accounting firms and representatives have to be covered by the rules of their respective professional regulatory bodies. They will prepare the necessary accounting records to set up your tax position concerning the CRA tax problem. They also make sure that the CRA is following the Taxpayers’ Bill of Rights. This is possible when they work on a direct basis with the staff of the CRA in case it goes overboard in its dealings with the taxpayer.

If you do not take professional help, you will not have any protection if you have tax returns which are not filed or income which has not been declared. When taxes are not filed, the CRA tax problem can still be sorted out by correcting your tax affairs voluntarily. There is a possibility that you will not be prosecuted or penalized heavily if you make a valid voluntary disclosure before any action is taken by CRA. The worst damage could be the payment of the tax amount along with the interest charges as penalties could be waived when you take timely and voluntary disclosure action.

CRA tax problem could be alleviated through the policies taken out by CRA itself where they have promoted voluntary acquiescence with the tax laws through tax amnesty programs. This is an encouragement to all taxpayers, both individuals and corporations, to report or voluntarily disclose any previous income or Goods & Service Taxes which have not been reported.

CRA Tax Problems?

Do you have tax problems with Canada Revenue Agency (CRA)? The tax problems may include unfiled taxes, large tax penalties and interests or audits by CRA? If you live near Toronto, York Region or Durham Region, our dedicated professionals at Tax 911 Now are available to help you.

CRA Tax Problems Accumulated over Years

It can be hard to unravel big CRA tax problems on your own. That is why it is always best to have an expert help you when you face CRA tax problems that you have accumulated over years. We will take immediate action on your case, however the solution won’t happen overnight, especially since part of resolving the problem may involve making a deal with CRA. You don’t have to be concerned about the complicated process, however. The tax experts at Tax 911 Now will follow through until your tax problems are resolved.

We Don’t Judge

We understand that things happen in life for everyone. Sometimes, you don’t even think about things like unfiled taxes until CRA sends you a notice or letter. Whatever the reason for your CRA tax problems, we won’t judge you. We will listen to your concerns with compassion and will focus on a resolution to your problems and rather than the reasons why you have unfiled taxes.

Dealing with CRA Tax Problems

Even though our experts will do everything we can to assist you with CRA tax problems such as unfiled taxes, tax audit, tax collection, etc. sometimes you may have to interact with CRA. Here are a few tips to help you:

Write down everything – when you called, who you spoke to, what questions you asked, what their response was.
Be respectful – even if you received an unpleasant notice from CRA, remain calm and polite while speaking with them. That way, you will be better able to focus on the questions you need to ask.
Don’t Wait – if you get a letter or phone call from CRA, take care of it right then. If you are working with one of our tax experts, let them know about the letter or phone call right away as well.
Ask for information in writing – if the CRA needs more information from you, you have the right to get the request in writing. This will allow you time to get your paperwork together and also allow time for our representative to review the request.
CRA isn’t always right – everyone makes mistakes, even CRA. If you have done everything you can and still believe that you are in the right, remember that the law gives you the right to take them to Tax Court. (This is not as expensive or complicated as you might think).

Call us at Tax 911 Now Today

If you have serious CRA tax problems, such as unfiled taxes, tax audit, large tax debts, etc. and live near Toronto, York or Durham or other regions in Canada, the tax professionals at Tax 911 Now want to help you. You can stop by our office located at 129 Telson Road, Suite #100, Markham, Ontario, L3R 1E4. You can also call us at 1-877-918-2991. We are waiting to help you to fight with your tax problems. Contact us today.

Facing CRA Tax Problems?

Facing tax problem put a great deal of stress on an individual. One of the biggest mistakes that people make is trying to undergo a CRA tax problem alone. This can prove to be detrimental to one’s financial and emotional well being. Therefore, anyone who is about to experience a CRA tax problem in Toronto and other regions should seek out the necessary help from qualified individuals in order to better understand their tax problems and the options that they have available to them. Having tax problems and dealing with the tax agency can be a scary experience for many individuals. Having the assistance that is provided from Tax 911 Now is invaluable for anyone who is about to experience a CRA’s challenge in Toronto and surrounding areas.

Having Tax Problems?

Virtually everyone has tax problems at one time or another. The problems may be through no real fault of the individual in question or they may be because the individual did not take the time to fully understand what their duties and obligations were concerning their taxes. Working with a tax consultant based in Toronto can help them to better understand what their duties and obligations are. Tax consultant also helps people to better understand what their options are if they are facing a CRA tax problem in Toronto. Getting help from a qualified representative at Tax 911 Now helps people to better understand what they are truly facing and how they can work through it successfully. Services are provided in Toronto, York and Durham Regions plus surrounding areas.

Need Tax Relief for Large Tax Debts Owing?

Tax relief is essential for any individual with large tax debts to protect their financial health. More importantly, taxpayer relief Toronto is something that can be provided by qualified individuals who understand the tax laws and how they apply to each individual’s circumstances. Many people choose to speak with a tax consultant Toronto because they are unsure of how to proceed with their taxes given their circumstances or they are looking for some type of tax relief because they are unable to pay at the current rate.

Revenue Canada Tax Audits

The main thing that you you should know about a CRA audit is that it does not have to be a frightening experience as long as you work closely with qualified tax consultants to help you better understand your situation. It is important that you contact a representative from Tax 911 Now as quickly as possible in order to ensure that you have the greatest amount of time to fully understand your tax situation and possible outcomes. To find out more information you can call 1-877-918-2991. For a more personal meeting you can come for a visit. The office is located at 129 Telson Road, Suite #100, Markham, Ontario, L3R 1E4.

Getting The Help You Need For CRA Tax Problems

There are quite a few reasons why people may suddenly find themselves faced with tax problems, but people can get help with these problems. It can be quite intimidating to deal with the Canadian Revenue Agency, but there are a few tools at your disposal.

Type of tax issues

You will first need to simply take stock of the types of tax problems that you are facing. Though it may feel overwhelming, it can be important to think about the first few steps that you should take. If you haven’t ever handled this process before, consider talking to the experts at Tax 911 Now. We have years of experience helping people through whichever tax issues they might be facing. Whether you are an individual or a small business owner, you can get the help that you need from Tax 911 Now’s team of expert.

Possible Penalties?

Next, you will need to think about the possible penalties you could be facing if you don’t fix these tax issues now. There are some people who may not have paid their taxes for a number of years. Other people may simply have missed some income that need to be included. Ignoring the problem will not make it go away. This is why it is important to seek out tax help. Some people may face some garnishments of their wages or have to pay back penalties to the CRA. If you have to deal with any of these issues, you will want to seek out professional tax services immediately.

Taxes can be complex!

Some people might underestimate just how complex their tax problems may be. They will need to find all the missing records or supporting documentation that they may have forgotten over the years. If you haven’t gone through this process before, you might not know where to start. Getting these CRA tax helps through Tax 911 Now in Toronto, Markham, Richmond hill or other cities in Canada can be the help that you need.

Finally, you may want to contact Tax 911 Now to talk to us about your CRA tax problems and solutions sooner rather than later. This can be the start of an effective solution to you if you live in Toronto, York Region and/or Durham Region or other parts of the country, Tax 911 Now is a phone call away. If you’d like a free consultation, call us by phone at # 1-877-918-2991.

CRA Tax Appeal & Objection

There are times taxpayers believe that the CRA has unfairly assessed them. If errors are not corrected, The taxpayers will end up paying extra taxes that they do not owe. Some are very significant. If you believe that you should not owe the amount of taxes that CRA has assessed and the amount is big, then you should stand up for your right as the taxpayer.

There are deadlines for you to file a tax appeal.
If you do decide to file a tax appeal, then you need to file it within the timelines dictated by tax law, which is 90 days after you receive the Notice of Assessment or Reassessment.

The CRA has to cease legal collection actions once you file a tax appeal.
The CRA can take legal actions to collect their taxes, such as income garnishment, liens against taxpayer’s property, they can direct sheriffs to sell taxpayers’ assets, freeze taxpayer’s bank accounts. Only tax appeal can effectively stop the legal collection actions.

Tax appeal is a serious and complicated matter.
In fact, the tax appeal process is so complicated that most accountants do not feel comfortable dealing with it on their clients’ behalf. For this reason, the help of experienced tax professionals is very important.

Seasoned tax professionals will be able to perform effective negotiation on your behalf with CRA.

The first step is to stop procrastinating and running. Take action today!

Hire someone who is qualified and has the experience to help you solve tax debt problems. Many people trying to do the tax appeal themselves quit halfway due to the complexity of the matter.

Get an experienced tax professional TODAY by calling Tax 911 Now team at 877-918-2991

We have won so many tax appeal cases for clients, who in turn shared their positive experiences and appreciation in their testimonials.

Our Free No Obligation Consultation & Rate Guarantee

To begin with, we offer first-time RISK-FREE consultation. There is no obligation and it is completely up to you to decide what to do from there.

Our tax services are offered in the following cities in Canada:

Toronto
Markham
Vancouver
Calgary

Get Tax Appeal Help TODAY by calling Tax 911 Now team at 877-918-2991

Need Tax Audit Help Toronto, Canada?

Each year countless Toronto residents live in fear of having their tax returns audited by the CRA in Canada. If you ever get a notice from the CRA about being audited, you should turn to professionals, like the tax team at Tax911now.ca, for tax audit help Toronto. Tax payer audit help Toronto is available or anyone who received audit notice sent by CRA demanding verification of tax reported.

Tax audit prevention

The first preventive step one can take to avoid a tax audit is to hire a tax accountant to file your returns for you. Business owners, especially, need to hire a tax accountant to keep track of all of their financial records. Audits can still happen, but they will not be as worrisome if you hire a reputable tax resolution firm that has experts in the tax system on board, such as ex CRA agents.

Bring all information to your meeting

Before you go in for professional tax audit help Toronto, Canada gather up all of your financial records and take them with you. That way a skilled tax lawyer can take a look at your tax situation and devise a tax resolution plan for you. Under Canadian law, taxpayers are supposed to keep copies of their financial records for at least six years, so take all the papers your tax resolution services tells you to bring. Tax resolution professionals are experts at devising the best plan for people that need tax audit help Toronto.

Undergoing an audit by the Canadian Review Agency is one of the most stressful things. You will want to make sure you to enlist the services of a professional tax firm that specializes in tax audit help Toronto. When you hire professional tax audit help Toronto, you can let them handle the audit for you. In fact, the less time you spend talking to the auditor, the better.

Let your tax representatives do all the talking for you. Tax resolution firms that have ex CRA agents and skilled tax specialists on staff are the best to use when you need tax audit help Toronto. Contact tax911now if you need tax audit help Toronto Canada.

Tax Audit Help in Toronto

Tax audit risks

Every business and individual in Canada who pays taxes can be selected for an audit regardless of whether there are irregularities in their tax returns or not. Audits are conducted for a number of reasons, including those with tax return problems and others who are randomly selected by a computer program. In general, the risk of being selected for a CRA audit are greatly reduced if you work with a professional tax preparation service who has tax audit expertise. Equipped with years of tax audit expertise, Tax 911 Now, with offices in Toronto, York and Durham regions, prepares the tax returns of the business or individual with the mandate of audit risk control in mind.

Need tax audit help?

If you’ve received a audit notice and need help, Tax audit help can be found by using a Tax 911 tax consultant in Toronto. When a CRA audit begins the taxpayer is contacted directly by the CRA; Tax representative at Tax 911 Now can start to represent you in the audit and help to schedule meetings and ensure all the required documents are assembled and complete before being presented to a CRA agent.

We are Tax Audit Experts

For tax audit help, Toronto taxpayers can choose one of two options for completing an audit, which are to assemble and send required documents to a CRA office or to allow a CRA agent to audit the business at its place of business. Tax 911 will ensure the audit goes well by providing tax audit help effectively and professionally. Tax audit help starts with a negotiation with CRA agents on the scope, the time and the location of the audit and then organizing all meeting times and locations. For an audit to be completed successfully a number of documents are required by the CRA agents, including sales ledgers, bank account statements and invoices, etc. Tax 911 Now can provide tax audit help Toronto businesses need by checking all the documents required for the audit are complete; when required a tax professional will usually attend the audit at the meeting place or place of business to ensure all the auditor’s requirement are met. By being present throughout the audit, the tax professional can ensure correct procedures are followed and any questions the auditor has are answered quickly and correctly without disclosing information unnecessarily.

Tax help for all over the Greater Toronto Area GTA

For many Toronto, York and Durham residents, employing a professional tax preparation and accounting services, such as Tax 911 Now, gives them peace of mind that their taxes and potential tax audit problems are handled correctly. By handling the CRA tax audit for individuals and business for many years, Tax 911 Now has the expertise to make sure that tax returns are audit proof to reduce the risk of audit problem for future.

For help with taxes from Tax 911 Toronto individuals and businesses can call 1-877-918-2991 or call into the office at 129 Telson Road, Suite # 100, Markham, Ontario, L3R 1E4.

Tax Alert: CRA Tax Audit on Condo Flippers

In recent few months, major news medias warned the public about upcoming CRA (Canada Revenue Agency) condo tax audits. Financial Posts and The Toronto Star published that the Canada Revenue Agency is undergoing tax audits of condo sales to check for non compliance with the Income Tax Act.

The focus of the audit is to determine whether the profit from your condo sale is treated as “capital gains” (where only 50% is taxable) or as “income” (where 100% of the gain is taxable). The CRA is particularly concerned with “assignment” transactions where the person buys a pre-construction condo but subsequently sales the right to buy the condo before its final closing. In the past, builders are not required to disclose the names of the original purchaser but under new CRA rules they may have to disclose them.

People who have assigned multiple properties over the year or even the last few years will have difficulty persuading the CRA that these transactions should be treated as capital gains rather than income.

CRA is also going after people who take possession of the condo unit but sale it shortly after the date of closing, typically shorter than year and a half. Planning and preparation plays a key role in protecting yourself. Most taxpayers have no ideas how to prepare the needed documentation to gain advantage in winning the battle.

If the CRA believes that the transaction is to be reported as income rather than capital gains, the resulting financial consequence can be very costly. For example, if your gain is $100,000 and CRA deems that this is to be classified as “income” then you must include the entire $100,000 as taxable income in the year of the sale. If it is capital gains then only $50,000 is taxable.

In addition, CRA will also charge you interest on the taxes that you owe after a reassessment. For people who did not report the transaction all together, may face hefty gross negligence penalties because of it.

The taxpayer will need to act quickly in gathering evidence and formulating a defence in time to respond to the audit proposal letter.

It happened in the past that taxpayers, out of innocence, had casual conversation with CRA auditor and got irreversible damage out of it. Because the goal of tax auditors, even if the nicest ones, is to get biggest tax revenue possible from you. Then everything you disclosure can be used against you.

It is very important that as soon as you receive CRA audit letter, treat it as high alert and immediately, see professional protection before it is too late. Contact us at 1-877-918-2991 or email Help@Tax911Now.ca or fill out the Contact Form to the top left right away if you are facing serious audit risks.

Guide To Getting CRA Audit Services in Toronto

Many residents in the Toronto area may suddenly find themselves needing tax services. They may not understand what they need to do in order to clear some of these issues that may have come up for them. These residents will want to secure CRA audit Toronto services.

CRA investigation?

There are a few reasons why people may suddenly find themselves being investigated by the Canadian Revenue Agency (CRA). This is the local governmental body that will be performing reviews of the tax records for citizens. Some may have heard that CRA audit Toronto services are available to them through Tax 911 Now that is dedicated to providing tax audit help Toronto residents can trust. Residents from the Toronto, York Region, Durham Region and more will be curious about how they can get help.

Several people out there may have found themselves the target of a review by the CRA. The agency will want to take a closer look at the filings of many taxpayers. They may also be curious about people who tend to owe quite a bit in back penalties. Though there may be many reasons why it might start, it seems that most people will want to take a look at tax audit Toronto services.

Many individuals might be wondering how they can cope with some of the audit notice that they can expect to receive from the CRA. This can place a considerable burden on anyone who may be depending on that kind of income to get by in their lives. The fact is that there are a number of different CRA audit Toronto services for taxpayers in Greater Toronto Area or GTA.

There are actually quite a few different ways that these tax audit services could help these people. They may be looking for ways to make their audit go as smoothly as possible. Most everyday people will be a little confused by the process that occurs during an audit. This is why CRA audit Toronto services are so important to many people out there. The team at Tax 911 Now are actually very dedicated and professional. This means that residents can trust them to deliver CRA audit Toronto services professionally and effectively.

Need tax audit help

Finally, Tax 911 Now will be available to help just about everyone that lives in the Toronto, York Region, Durham Region and more areas. They feature many tax professionals who understand how to deliver CRA audit Toronto services effectively. Call Tax 911 Now team at 1-877-918-2991 and come for a visit to get help on your tax audits immediately.

CRA GST HST Audit

CRA GST HST Audit Alert: CRA started to be more strict on auditing people with high business income without collecting GST or HST.

Most businesses start small. When they are small, say their sales are below $30,000, it is ok to not to register GST/HST accounts. As they grow to more than $30,000, then it becomes compulsory for businesses to register GST/HST accounts and start collecting on behalf of CRA.

Many business owners do not understand their obligations to register GST/HST accounts even if they exceed the sales threshold. While other business owners, who may have registered GST/HST accounts, did not report or remit the GST HST properly for various reasons and caused CRA GST HST audit trouble years down the road.

We know too many small business owners being audited and penalized due to the GST or HST reporting problems.

Some of them, due to circumstances, amount to criminal investigation; some even lost their homes. Once the GST HST problem is caught by CRA, life will never be the same.

What You Need to Do Immediately to Fix Your GST HST Audit Problems?

If you feel you will be audited by CRA pretty soon or you have received letters or calls or personal visit from the tax man, then you cannot afford to wait any longer! Do something to resolve your tax audit problems.

It makes far more sense, and will be less costly, to resolve your tax audit problem right away, rather than dealing with the financial burden of huge reassessment amount and other penalties later.

The first step is to stop procrastinating and running. Take action today!

Hire someone who is qualified and has the experience to help you survive the audit. Many people try to handle their tax audit themselves, resulting in disastrous financial results. Some even ended up fighting in court.

We have helped many clients with their tax audits. Our experience and expertise have led to superior results that even senior tax auditors respect. See that yourself in testimonials.

Get Tax Relief TODAY by calling Tax 911 Now team at 877-918-2991 or go to Contact page.

Our Free No Obligation Consultation & Result Guarantee

To begin with, we offer first time RISK FREE unlimited time consultation just to help you to understand the depth and complexity of your tax problems. We will also provide you the recommended steps to take to fix your tax problems. It is no obligation and thus it is completely up to you to decide what to do from there.

We guarantee the result we can get is much more beneficial than if you do it yourself. Save you thousands of monies in addition to the relieve of the awful stress. We take the emotional factors out of the process. We take care of the uncertainty for you.

Unfiled Tax Returns to CRA

There are more and more people experiencing problems of unfiled tax returns. It is understandable that there are many priorities in people’s lives and thus sometimes it is becoming increasingly difficult for taxpayers to catch up with their tax filing obligations.

The CRA, however, views your situation differently, not in sympathy perspective as CRA is, by its nature, a tax revenue agency and thus CRA views your Unfiled Tax Returns to CRA to be not in compliance with income tax act and thus this behavior merits some financial or legal punishment.

To be in compliance, you must have all your Unfiled Tax Returns filed. This means you won’t get any relief from CRA collection actions such as income garnishment or bank levy, until you complete and file all tax returns. So the sooner you file all your back taxes, the sooner the CRA will be willing to negotiate with you.

File Your Past Tax Returns

It is very important to understand that filing your tax return each year will save you out of CRA trouble. If you have unfiled tax returns for few years, it is to your best interests to file them as soon as possible.

Knowingly not filing your tax return is illegal. However, CRA understands that people make mistakes and thus they give you a limited time window to file over due tax returns to correct the wrong.

CRA Notifies Your Unfiled Tax Returns

The CRA may send you a demand to file for the current year tax unfiled; CRA may also wait for few years and then send you the demand to file letter. You need to keep in mind that CRA will eventually find you and if they do, you will have to face the late filing tax penalties and accumulated interests starting from the date when the tax is due.

Consequences of Not Filing Past-Due Returns

If you do not cooperate with CRA and ignore the demand to file notice, CRA may just take some harsh legal action against you, such as lock up your bank, garnish your income, bank levy, etc.

When a Mistake Becomes a Crime

With the advance of the technology, CRA has enhanced its database to identify people who have unfiled tax return problems for years. If you have unfiled returns, you are automatically on the list of most wanted people for tax collection. If you can act before CRA gets to you, you have a better chance of resolving your tax problems without going thorough the pain of legal action and embarrassment.

The CRA has a wide range of punishment available that they can impose on persons who don’t file returns. Intentionally not filing, or filing a false return, is a crime. It is critical to take action to resolve your unfiled return problems before a simple mistake becomes a crime.

Most Common Excuse for Unfiled Tax Returns – I Can’t Afford to Pay the Tax Owing

Many people do not file the tax for their personal reasons, such as divorce, sickness, etc. Unfortunately, affordability is not a sound one. The reason is simple. The longer you wait to file, the more you will end up paying. It is like spinning in a vicious cycle.

Dealing with over due tax returns immediately is important if not critical. Wait for too long, then it becomes a much serious matter that cause legal actions. If you file tax and can not afford to pay, there are many options available to you such as negotiate a payment plan or tax relief. So stop making excuses, take action to clear up your back taxes.

It is important that you try to promptly deal with filing past-due tax returns. The stress you have can be removed if you just get professional help. We specialize in such tax problem solutions. We are here to help you when you need the most.

CRA’s Hefty Late Filing Penalties

First time late filing penalty: if you owe tax and do not file your return on time, CRA will charge you a late-filing penalty. The penalty is 5% of your tax balance owing, plus 1% of your balance owing for each full month that your return is late, to a maximum of 12 months. In another word, if you have late tax unfiled, for the very first year, you will have 17% of tax owing for the penalties alone.

Repeating late filing penalty: if the late filing is a re-occurring event within three years, then the penalties become nearly tripled. The late-filing penalty becomes 10% of your tax balance owing, plus 2% of your tax balance owing for each full month that your return is late, to a maximum of 20 months. That is a late filing penalty of 50% of your tax owing.

The Compounded Daily Interests

In addition to the late filing penalties, CRA charges much higher interest than banks on your tax balance and penalties. The interest is compounded DAILY. Use rule of thumb, if assumed interest is 7%, which is not abnormal for CRA for many years, then tax owing doubles in about ten years. When the interest is compounded daily, the interest keeps running when you sleep.

What You Need to Do Now is to stop procrasnating, start taking actions. You can not afford to wait any longer!

What We Can Do to Help You

To control your damage right away, we will do a quick, sometimes, on the spot assessment, if you have unfiled tax returns for years and you do not owe taxes. Then we will quickly help you to reconstruct all the financial information and locate all your missing pieces of tax information to report your tax returns properly.

If we determine that you have unfiled tax returns and large tax debts owing for many years and thus the interests and late filing penalties are alarmingly high. Then we may need to help you to file under the Voluntary Disclosure Program or Tax Amnesty immediately to avoid the risk of being caught by CRA and thus lose the opportunity to file under the protective Voluntary Disclosure Program to reduce the severe damage. The penalties alone may force you into bankruptcy.

Why You Should Work with Tax 911 Now

Unlike these accountants or the tax filers with seasonal appearance in the malls, we can not only fix your unfiled tax return problem, we can also help you to negotiate with CRA for the matters before and after the filing.

Before the filing, we can help you to file Tax Amnesty program to completely remove your penalties and/or some of the interests.

After the tax filing, if CRA challenge you or audit you, we have the expertise to represent you and fight for you on the returns;

If the tax bill is too high, then we can negotiate a tax relief for you to reduce the tax penalties and interest, or we can help you to negotiate an affordable payment plan so no legal collection actions will be taken against you by CRA.

We are different because we can provide much more comprehensive services to protect you in many aspects and all stages of your tax dealing with CRA.

Our Unlimited Free Consultation & Service Guarantee

To begin with, we offer RISK FREE no obligation initial consultation just to help you to understand the depth and complexity of your tax problems. We will also provide you the recommended steps to take to fix your tax problems. Then it is completely up to you to decide what to do from there.

If you do decide to engage us to fix your tax problems, we will provide price match guarantee within the entire tax negotiation industry.