Nobody wants to think about their taxes until tax time but here we are in the last quarter of the year already and for some they are scrambling around to see how they can make it so the current year will have less of an impact on them come tax filing time. This is the…
If you have ever had to deal with the CRA especially by telephone it can become one of the most frustrating telephone calls you may have ever made. First you have to determine if you are calling about a business or personal account. There are specific departments for each of these. Most often the average…
There are a lot of different reasons that people go into business for themselves. Some are aspiring to start a small business with the hopes that it will grow big enough to meet their financial needs and provide them with the type of lifestyle they are looking for. Others have no real intention…
Many people make mistakes on their tax returns and they may not be caught by Revenue Canada. Once the tax payer realizes that indeed a mistake has been made they are not sure what to do, so they just live with the hopes that it will not eventually be detected. Although many of…
If you owe money to the tax department it may be that you are really apprehensive as to what actions they may take against you to collect this debt. Or you may be the type of person who feels that you just don’t have any money so there is nothing for the tax man…
Whether you like it or not the CRA is pushing hard for everyone to do the majority of their Canada tax dealings online. They are really intent on going paperless. This can be difficult for many individuals like seniors for example, who do not own a computer or are not comfortable using one…
It is not unusual for many tax payers to be somewhat skeptic or defensive when dealing with the CRA. This is often a reaction to being a little nervous about dealing with such a body of Government that has a great deal of power over your finances when it comes to your tax obligations. It…
Most tax payers just accept the fact that the CRA is the government body that is responsible for the Canadian tax system and don’t give it any more thought than that. Newcomers to Canada, or those who were students and now have entered the working world begin their first experience with this governmental department. To…
The one mistake that you should never make is to avoid correcting a mistake that has been made regarding your taxes whether it is your error or theirs. The tax system is complicated even for a student, and this is one of the reasons it is advisable to use a quality account to try and…
A lot of people would prefer never to have to deal with the CRA outside of sending their tax returns in once a year. Unfortunately there are many circumstances that can arise where it is necessary for the tax payer to either contact the CRA or have some type of correspondence with them. You…
