Tag Archives: CRA Payment Plan

When to Work out a CRA Tax Payment Plan

When some people in Canada get their tax assessment notices for filing their returns, they do not have sufficient funds to pay their taxes and they end up with tax debts. Interest accumulates on the principal tax amount and it continues to grow as long as the amount is left unpaid. All tax defaulters require » Read More

CRA Tax Payment Plan Negotiation

When do you need a CRA Tax Payment Plan? When taxpayers owe taxes and the taxpayer ignores the tax debts, not only will they be putting themselves in serious trouble, but they will also see the amount of money that they owe rapidly increase due to daily compounding interest charges and penalties. The CRA has » Read More