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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:

 

  1. Write down everything – when you called, who you spoke to, what questions you asked, what their response was. 
  2. 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. 
  3. 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. 
  4. 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. 
  5. 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.