CALL TODAY 1-888-868-1400

Download our FREE eBook

Learn about the different methods that many Canadian individuals and businesses have leveraged to successfully reduce or eliminate penalties and interest owing on their tax debts.

Download Now

Blogs posted during May 2014

Can I File an Objection with the CRA to Penalties if I Agree That I Owe the Tax Debt?

Tax returns for the average individual or small business owner can seem overwhelming and complicated. All too often taxpayers and their preparers err on their tax returns by claiming deductions that they truly believe they were entitled to but perhaps were not, misplacing receipts in some instances, etc… All will…

...

Read More

Sole Proprietors – The 2014 Tax Deadline for Businesses is Right Around the Corner

If you operate a sole proprietorship or partnership, the 2014 tax deadline for businesses is June 15, and that is right around the corner. This can pose a challenge to small business owners because keeping your books and records organized often falls lower on your list of priorities in the…

...

Read More

International Tax Evasion – CRA Invests Millions to Find Your Offshore Nest Egg

A press release was issued last year highlighting a $30 million “investment” by Canada Revenue Agency (CRA) aimed at combatting those that CRA alleges have committed ‘international tax evasion’ and ‘aggressive tax avoidance.’ This does not mean that CRA is only chasing rich people with offshore companies and shady business…

...

Read More

Can’t Pay Your CRA Back Taxes? What Are Your Options?

If you have Canada Revenue Agency (CRA) back taxes, it might help to know that you are not alone. Tens of thousands of Canadians have back taxes at some point in time. The good news is that it is not illegal to owe money to CRA as long as you…

...

Read More