CRA WAGE GARNISHMENT
CRA’s Legal Collection Action: Wage Garnishment
Ignoring your taxes can lead to the CRA addressing them for you, in ways you might not appreciate. Enforced collection of taxes often takes the form of a CRA wage garnishment. The CRA can decide how much of your monthly income it needs to pay off your debt, and then begin taking a percentage of your paycheck. While limits on the percentage the CRA can take exist, you can still be left with very little money.
When the CRA decides how much of your paycheck to take, they don’t take into account how much money you actually spend on necessities. Instead, they rely on tables of allowable expenses which they’ve compiled. If you’re living paycheck to paycheck, CRA wage garnishment deductions can leave you without enough money to pay your rent.
Negotiating CRA Wage Garnishment
There are solutions to your tax problems that allow you to avoid CRA wage garnishment. Installment payment plans offers accomplish the same thing as wage garnishment. When installment plans are negotiated by tax professionals, your needs are much more likely to be taken into account.
We can negotiate with the CRA for you to set up a payment plan that will satisfy the CRA. Our tax professionals can ensure that installment payments are within your means. In short, we give you a voice in the payment of your taxes. The qualification and negotiation processes for tax payment plan are complex. If you need help with your tax debt, let CRA Tax Rescue take the reins by calling us!
Give us a call at 866.611.6482 or complete the contact form to book your Quick and Free meeting today!
CRA Tax Rescue – We Rescue Troubled Taxpayers! We are great at solving your tax problems.