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CRA TAX PAYMENT PLANS

Submitted by crataxrescuesupport

Note: Your tax troubles are urgent and you have no time to read? Give us a call at 866.611.6482 or complete the contact form to book your Quick and Free meeting NOW!

CRA TAX PAYMENT PLANS

Have you filed your income tax returns and were unable to pay the taxes due, or have you just completed your return and owe more than you can pay? Fortunately, the CRA is willing to negotiate repayment terms on what you owe them, however, you must know what they will allow or disallow as necessary expenses. The CRA will be very adamant about repaying the debt as quickly as possible, but you may have options outside of their suggested repayment amount and term. We will review your monthly income and living expenses, and let you know what the CRA position is on “Allowable Expenses”. As you can expect, the CRA definition of expenses and ours will be very different.

A negotiated payment plan is much more favorable than any legal collection actions such as Wage Garnishment, Bank Levy, or Lien. This agreement, after approval by the CRA, will allow you to pay your tax liability over a period of time rather than in a lump sum, and there is no collection activity by the CRA during the Installment Agreement process.

If you would like for us to negotiate a repayment term with the CRA and put a stop to tax collections, feel free to contact us for a FREE confidential consultation.

Give us a call at 866.611.6482 or complete the contact form to book your Quick and Free meeting NOW!