Tax Help : Tax tips

 

Taxes Owing

If you owe money on account of unpaid Canadian Income Taxes you will be contacted by a Canada Revenue Agency collections officer. If you are unable to make satisfactory payment arrangements your salary may be garnished or your bank account seized. No court authorization is required for these collection actions. As tax lawyers in Canada we can assist taxpayers in dealing with CRA.

Income which is not subject to deductions at source

If you have income which is not subject to deductions at source you may have to pay quarterly income tax installments. If you fail to pay the installments when due you will be charged interest.

Burden of disproving the arbitrary assessment

If you fail to file Canadian income tax returns the tax department may arbitrarily assess you and you have the burden of disproving the arbitrary assessment. We are a Toronto taxation law firm who act on behalf of taxpayers in challenging the Canadian taxation department when they make arbitrary assessments.

Owe money to the tax department and can't pay the full amount?

If you owe money to the tax department and can't pay the full amount, file your Canadian income tax return on time to avoid the late filing penalty and be sure to negotiate an acceptable payment arrangement with them so that they don't seize any of your assets. We are Canadian taxation lawyers in Toronto who act on behalf of taxpayers in negotiating with the Canadian tax department.