It’s not that unusual for people to avoid filing taxes because they are scared large tax debts will arise from it. Find out what can happen if you have unpaid debts to the CRA and what you should do.
Category: Dealing with Debt
Learn if you can keep tax refunds in a consumer proposal and who is responsible for filing tax returns before, during and after your proposal.
Category: Consumer Proposals
We explain how tax refunds and tax returns are treated in a bankruptcy in Canada and what options you have to keep your refund.
Category: Bankruptcy Basics
If you have unpaid tax obligations, CRA can place a lien on your home or other property to collect that money. Learn how a consumer proposal or bankruptcy can prevent a lien and erase your tax debt.
Category: Creditor Actions
Learn how bankruptcy affects EI, CERB, Ontario Works and other government overpayments in Canada. Understand how Section 178 of the BIA affects what debts are dischargeable.
Category: Debts Discharged
If you have unpaid taxes to the CRA, they can exercise their collection right to freeze your bank accounts. Learn about what you can do if your accounts get frozen and what your next steps are.
Category: Creditor Actions
What are your options if CRA says you were ineligible and must repay CERB, CRB or other pandemic related benefits? Can you file a bankruptcy or proposal if you can't afford to pay back CERB? Doug Hoyes explains.
Category: Creditor Actions
Are you feeling pressure because you have unpaid debts to the CRA? In this guide we’ll explain various CRA collection methods and how insolvency works to stop the CRA and clear your tax debts.
Category: Creditor Actions
Has the CRA charged you with interest or penalties? Learn about financial situations that qualify for waived charges, how to file for the CRA Taxpayer Relief Program and what to do if you aren’t approved.
Category: Debt Relief
The utilization of CERB payments for eligible Canadian’s counts as taxable income. We explain your options if you can't pay your CERB or CRB tax obligations.
Category: Dealing with Debt
Does the Canada Revenue Agency report unpaid taxes on your credit report? This guide covers how taxes and other factors affect your credit score and what you can do about it.
Category: Credit Repair
If you are unable to meet your tax payments, you may be considering borrowing to reduce long term interest and penalties. Learn if taking out a loan to pay taxes is a good choice for you.
Category: Loans & Borrowing
Blog Post Updated October 2020: Find out more about Canada’s Response Benefits, and if these payments can be garnished.
Category: Creditor Actions
Are you thinking about filing a consumer proposal, but are unsure if the CRA will accept it? Doug Hoyes provides his best tips for a successful proposal involving tax debts based on his extensive experience.
Category: Consumer Proposals
Has the Canada Revenue Agency issued a legal notice to you called a Requirement to Pay? Find out what to do if this happens to you and what you need to know as the taxpayer.
Category: Creditor Actions
Owing money to the CRA can be stressful, especially as penalties and interest begin. We’ll show you what options are available to you if you can’t afford those payments and what your next steps should be.
Category: Dealing with Debt
Some businesses that do your taxes offer ‘cash back’ incentives for using their services, but what does this mean for the consumer? We explain how instant tax refunds really work and the associated costs.
Category: Money Management
CRA tax debt problems can build up. Our experts, Doug Hoyes & Ian Martin talk about how to avoid a big tax obligation and what to do if you do face a large amount of taxes owing.
Category: Dealing with Debt
Tax debts can be a tricky circumstance to navigate, especially if you are not sure who can help you deal with the issue. Find out what to do and who to seek help from in specific tax debt situations.
Category: Debt Relief
Have you received a call from a CRA agent demanding your credit card information? Learn our top 10 tips you can use to identify fraudulent calls and what you can do if you are scared.
Category: Money Management
CRA will accept a settlement through a consumer proposal or will write off tax debts in a bankruptcy. Ian Martin explains what requirements the Canada Revenue Agency will have under each solution.
Category: Debt Relief
