Tag Archives: Late Tax Filing

Tax Filing Late Interest and Penalty Charges You Should Expect From CRA

Tax filing late penalties and interest rates are common with the Canada Revenue Agency. The CRA does not want to be owned even a penny and it has big fines to discourage tax evasion. For every amount you have not paid there will be a penalty and an interest charge. Needless to mention, you should » Read More

Late Tax Filing Will Attract Penalties and Interests on Amounts Owed to CRA

Late tax filing is a common problem among global tax payers. If you live in Canada, and have not paid your 2013 taxes, you will face a serious penalty starting May 6th this year. According to CRA (Canada Revenue Agency), you will be charged a daily interest (compound interest) on any outstanding balance for 2013. » 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

Tax Preparation Service

If you are like millions of other individuals throughout Canada, you might not be happy with the numbers for your final tax bill or tax returns. Perhaps you thought you should receive more than what your calculations are showing, or maybe you have to pay an amount that just doesn’t seem right. While you probably » Read More

Tax Preparation for Individuals and Businesses

Canadian tax rules and guidelines seem to change each year. It seems that tax system is forever complicated. Tax doesn’t have to be a hassle, in fact, with the right tax preparation team, tax season can be downright rewarding. If you live in Toronto or other cities in Canada and are concerned about your tax » Read More

Six Essential Tax Preparation Tips

If your tax situation has gotten little more complicated this year, you’ll want to read this. At Tax 911 Now we have some tips to give you so that you can get your tax preparation completed as soon as possible. The sooner you file your taxes, the less money you’ll have to pay in penalties » Read More

Help for Unfiled Tax in Canada

Everyone has difficulties with finances at one time or another. Sometimes these difficulties are a direct result of a misunderstanding related to taxes. If you are living in the Toronto area and you are experiencing issues with Revenue Canada over unfiled taxes you should seek professional tax help as soon as possible to prevent the » Read More

CRA Tax Penalties to Individuals and Businesses

Late-filing tax penalties for individuals, self-employed and corporations If you or your corporation owe tax and do not file your return on time, CRA will charge a late-filing tax penalties. The tax penalties are 5% of your balance owing, plus 1% of your balance owing for each full month that your return is late, to » Read More