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
Below you will find our step-by-step process if you decide to work with us.
Step 1 – Free Consultation: We’ll start off by understanding your specific tax situation to develop a strategic plan. We will have a free consultation discussing your business and your business financial objectives. From there we’ll be able to determine if we’re the right fit for you.
Step 2 – Software Setup: After receiving all necessary documentation we’ll file your overdue tax returns. Determine if we can support your current accounting software, or if we can help migrate your accounting information to a software which can better support your needs.
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
There are many tax accounting firms to choose from, below you will see how we stack up against them.
We understand the challenges you face when it comes to overdue taxes, and we’re willing to work with the CRA to negotiate on your behalf.
We’ll work with the CRA to negotiate a lower penalty when filling your overdue taxes.
We’ll help you prepare all your overdue tax documents before filling.
Accountants will work with you when it comes to filing your overdue taxes, but they may not be willing to work with the CRA and negotiate for you.
Accountants may not be willing to work with the CRA on your behalf to negotiate a better fee.
Most accountants are willing to file your overdue taxes, but may not have the experience we do.
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.
if you haven’t already filed your overdue taxes yet, and would like support, here is why we might be a good fit for what you’re looking for.
Whether you’ve just found out that you have taxes overdue because you logged into your CRA account, or you were notified by the CRA, its stressful knowing you have to may more money than just what you’ve owed in taxes.
Some accountants may help you with gathering your documentation to prepared for filing, but not many will negotiate for you.
Depending on your situation we can contact the CRA on your behalf to negotiate an installment plan or reduce your penalty fee if there is a legitimate reason such as natural disaster or if this is your first incident.
If this is something you would like help with, connect with us today.
Managing Director
“I’ll be your main point of contact for all things tax related.”
Senior Accountant
“I’ll help prepare all our tax documentations.”
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
