- 1 Is There Any Way to Make Tax Debt Easier to Pay?
- 2 What is Requirement to Pay (RTP) CRA Notice
- 3 Your Credit Score Could Be Changing Without You Doing Anything Different
- 4 What Is a Good Credit Score in Canada?
- 5 How to improve your credit score very fast? – updated 2023
- 6 Credit Repair Tactics to Help You Rebuild Your Financial Life
- 7 Income Tax Debt Relief Option
- 8 Why You Should Never Pay A Collection Agency
- 9 New – What is Surplus Income Payments
- 10 What Is The Canadian Emergency Wage Subsidy CEWS
- 11 Will I Lose My Home or Car if I File for Bankruptcy?
- 12 Can Bankruptcy or Consumer Proposal Eliminate Tax Debt?
- 13 Home Mortgage for Single Parents: Real Estate Options For Single Parents
- 14 What is the difference between a consumer proposal and debt consolidation?
- 15 Can Tax Debt Be Included in Bankruptcies, Consumer Proposals & Tax Debt?
- 16 How to Get Debt Consolidation with Bad Credit
- 17 Debt Recovery Services: How to Deal with Them & Stop Debt Collectors
- 18 Credit Counselling: Is It the Right Choice for You?
- 19 Dealing with CRA and Tax Debt Problems
- 20 What is a Net Worth Audit?
- 21 Cash Store Loans & Why to Avoid Them
- 22 Would A Debt Consolidation Loan Work For Me
- 23 Tax Debt Causing Stress? Here’s What You Can Do
- 24 Does CRA Keep your Refund in the Year that you do a Consumer Proposal
- 25 10 Ways to Solve Tax Debt Problems – Updated 2021
- 26 What Are Input Tax Credits (GST Canada)?
- 27 Will the CRA Forgive My Tax Debt?
- 28 Free Canadian Government Grants To Pay Off Debt
- 29 Understanding the Possible Disadvantages of Consumer Proposal
- 30 Ways to Reduce the Tax Debt Owed to the CRA
- 31 Consumer Proposal vs Debt Consolidation
- 32 RRSP and Bankruptcy Details You Need to Know
- 33 Retail Bankruptcies Increase Due to COVID-19 Pandemic
- 34 What Are The Difference Between Secured and Unsecured Debts?
- 35 Stopping Tax Debt Collection Actions
- 36 Can I Go to Jail for Tax Debt?
- 37 Creating a Plan for Paying Off Tax Debt
- 38 CRA Snitch Line
- 39 Struggling With Bills During Covid-19 , What To Do?
- 40 Tax Debt & Spouses in Canada FAQ
Tax debt owed to the Canada Revenue Agency (CRA) can be tough to deal with. Here are some options that can make handling it easier.
If a CRA Requirement to Pay has been sent to your bank or employer, let Local Income Tax help you deal with your tax debt to get it resolved.
Information on how your important FICO credit score could change and what you can do to avoid being hit hard.
Credit score ranges vary depending on the credit scoring model, but the credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
How To Improve Your Credit Score in 45 Days or Less? I want to give you this technique. There are two names for it, either the authorized user technique: AU technique or Piggybacking credit What is PiggyBacking for Credit Piggy banking is...
How credit repair companies work and what you can do to improve your credit on your own.
In some situations, the CRA may be willing to reduce interest and penalty charges. However, this is only possible in instances where unforeseen circumstances prevented a taxpayer from meeting their tax obligations.
Paying a collection agency will not measurably improve your chances of collecting the debt. The only thing that paying a collection agency will do is to enrich the agency and make it more difficult for you to collect the debt
Your Surplus Income Can Determine The Length Of Your Bankruptcy. Your bankruptcy trustee takes a lot more into account than simply your paycheque.
What is CEWS in Canada? Retailers in Canada who have seen a drop in revenue due to the pandemic may be eligible for a subsidy to cover part of their loss. See how you can apply
Will I Lose My Home or Car if I File for Bankruptcy?The goal of the bankruptcy process is to provide people who are struggling with debt with an option to eliminate those debts and start fresh. What Occurs to your Home or Car if you Declare...
Two processes that could be eliminate your tax debt are consumer proposal and bankruptcy. Learn about these two debt management options and let LIT select which is the best for you.
Mortgage For Single Parents How difficult is to obtain a mortgage for single moms, or single dads? It is too scary to think that far? Actually, it is easier then you think, keep reading Mortgage for Single Parents Being a single parent...
A Consumer Proposal is a Debt Solution that allows you to settle your debts for less than you owe by making an arrangement with your creditors and consolidating your debts.
Can Tax Debt Be Included in Bankruptcies, Consumer Proposals & Tax Debt? Tax debt owed to the Canada Revenue Agency (CRA) can be difficult to deal with. The CRA charges compound daily interest, which increases the amount you owe...
If you have bad credit, getting a debt consolidation loan that works for you may not be easy. Check out the debt relief options you may have and how to get a debt consolidation loan.
How to deal with debt recovery services, what debt collectors can do, and how you can stop these collection agencies from calling.
If you’re struggling with debt, you might be wondering if credit counselling is right for you. Here is some information that can help you make this decision.
Find out what actions the CRA can take if you owe tax debt and how you can put a stop to wage garnishment, frozen bank accounts, and more.
The CRA can revise and compare the lifestyle of a taxpayer’s against their income tax report. Check how to avoid the net worth audit, and if you have an audit, see how you can resolve it.
Getting payday loans or cash advances from the Cash Store or any similar lender can lead to serious financial trouble. Find out why.
If you have too much debt and you can’t make your payments, getting a consolidation loan could help. However, there are positives an negatives and other options might a better idea.
One of the most stressful aspects of dealing with debt is feeling unsure and worried about what will happen next. So what you will do? Read the 3 minutes article.
A consumer proposal can be a way to pay only a portion of the debt you owe. But how much? Check it out this article.
The Canada Revenue Agency has very strong collection powers that it uses to collect tax debt that is owed to it and to influence negotiations. Check out for tips how you can repay a portion of the debt you owe, rather than the full amount
GST/HST registrants may recover the GST/HST paid or owed on purchases and expenses related to commercial activities by claiming the Input Tax Credits.
When applying for taxpayer relief, working with an experienced professional is critical. Even small mistakes in your application could result in it being rejected. An expert will give you the best chance of having success with your application.
The Canadian federal government has assembled many small business loans as well as grants programs.
A consumer proposal may be one of the options. Before you decide if this option is right for you, you’ll want to understand the process.
Clearly, no one wants to be in a situation where the CRA takes collection actions. Not only are these actions disruptive and inconvenient, but they can cause incredible stress as well.
If you are looking at consumer proposal vs debt consolidation and are wondering if either of these options is right for you, it’s important to remember that each financial situation is unique. There is no single debt relief option that is perfect for everyone.
Common RRSP and Bankruptcy Questions and Answers Credit Cards Insurance Student Loans Travel Banking Investing Mortages RRSP and Bankruptcy Details You Need to Know Most people have questions when it comes to their finances. This is...
COVID-19 Pandemic and Lock-downs Causing Financial Harm to Businesses & Individuals Retail Bankruptcies Increase Due to COVID-19 Pandemic The COVID-19 pandemic has altered nearly every aspect of life. Areas that have been hit...
Secured debt vs Unsecured Debt, differences, and what are they? This article explains the differences between these two types of debts.
How to Stop CRA Tax Debt Collection Action? Stopping Tax Debt Collection Actions If you owe tax debt, do not pay, and do not make a payment arrangement with the Canada Revenue Agency (CRA), it can take serious collection action against you....
Can you go to jail for not paying taxes in Canada Can Tax Debt Land You in Jail? If you owe a tax debt to the Canada Revenue Agency (CRA), you know that the agency is very aggressive when it comes to collections. However, a lot of...
How Planning Can Help Pay Off Tax Debt One of the hardest – but most important – parts of paying down debt is coming up with a plan. This is true for all debts, including tax debt. If you owe a lot of money to the Canada Revenue Agency...
CRA Snitch Line "Internal fraud and integrity lapses pose a serious threat to the organization's objectives and reputation and to the morale, productivity and well-being of its employees" The CRA Informant Leads Program Legally, any...
Struggling With Bills During Covid-19 , What To Do? What Should You Do if You Can't Afford Your Monthly Debt Payments? Monitor costs and also either create a budget or modify your current one. Pare it down also additionally. Undergo...
Tax Debt & Spouses in Canada Am I Responsible for my Husband's Tax Debt Canada? Finances can get complicated, especially when you are dealing with debt. Often two people in a relationship have very different financial situations, and...