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Tax Solutions Canada Blog

Failed to Declare an RRSP Withdrawal on a Past Tax Return?

Hundreds of thousands of Canadians have RRSPs. When life is good and people’s finances are stable, they will generally invest in RRSPs. RRSPs are attractive because they enable you to plan for retirement and offer excellent tax incentives. If you make an RRSP withdrawal from the financial institution holding your…

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How to Combat a CRA Garnishment

Thousands of Canadians have their wages garnisheed by the CRA (Canada Revenue Agency) each year. A CRA garnishment usually occurs when you owe a tax debt and do not have a payment plan with the CRA or if you are behind filing and the CRA has good reason to believe…

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