Don’t risk waiting any longer to file your overdue taxes—waiting can lead to increased interest fees. Partner with us, and we’ll help you file your unfilled taxes, and communicate directly with the CRA on your behalf.
Having to deal with overdue taxes can be stressful, especially as the CRA adds penalties every month you decide to wait.
Repaying overdue taxes (personal & corporate)
Expensing and uploading receipts for write-offs
Meeting tax compliance and regulations
Our team will work directly with you to ensure the CRA receives the correct documentation, and if there are penalties which need to be paid, we will work with them to create a payment place, or find ways to minimize them.
Setting up reminders for upcoming taxes
Working with the CRA to reduce tax penalties
Ensuring your tax documents are prepared for filing
Step 1 – Free Consultation: We’ll start off by understanding your specific tax situation to develop a strategic plan.
Step 2 – Software Setup: After receiving all necessary documentation we’ll file your overdue tax returns.
Step 3 – Tax Strategy: We’ll negotiate a payment plan with the CRA to help you pay off any penalties owed.
– Danny Khanna, Managing Partner
The CRA is known to charge a penalty of 5% of your unpaid tax if its past the deadline due date, and an additional 1% interest for every month that your taxes aren’t filed.
Calculate how much you owe to the CRA in interest
Learn more about how the CRA charges in penalties
Below you will find testimonials from our clients who are satisfied with our service and promises.
Our team possess the skills, knowledge and experience needed to file your taxes and help minimize any penalties.
Managing Director
Your main point of contact for all things tax & accounting related.
Senior Accountant
Your dedicated who will work to reduce your tax penalties.
We’re able to file your taxes as soon as possible depending on the complexity. Typically we’re able to file taxes assuming we have all the necessary documentation within 24-48 hours.
However there’s been a few times we’re its taken is a week or 2 due to the complexity of the situation.
We’ll negotiate a payment plan with the CRA to help you make payments, or if its your first time we’ll work with the CRA to help minimize your total penalty fees.
The longer you wait the more interest that is accrued overtime, and if you wait too long you may also risk being audited.
The way you can find out if you have unfiled tax returns is by first logging into your CRA account. Below you can login to your account:
If you need help with this, feel free to connect with us.
You can file all of your returns at once, and it is suggested you do so to avoid any further penalties, and to begin making payments towards any penalties you might have accrued.
– Dilan Ropero, Senior Accountant
