Personal Tax Topics
Finding a Tax Lawyer Toronto & Area
When you need a tax lawyer in Toronto and how to find one that can solve your tax problem
Is There Any Way to Make Tax Debt Easier to Pay?
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.
What is Requirement to Pay (RTP) CRA Notice
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.
Income Tax Debt Relief Option
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.
Can Bankruptcy or Consumer Proposal Eliminate Tax Debt?
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.
Can Tax Debt Be Included in Bankruptcies, Consumer Proposals & Tax Debt?
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...
Dealing with CRA and Tax Debt Problems
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.
What is a Net Worth Audit?
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.
Tax Debt Causing Stress? Here’s What You Can Do
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.
Does CRA Keep your Refund in the Year that you do a Consumer Proposal
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.
10 Ways to Solve Tax Debt Problems – Updated 2021
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
What Are Input Tax Credits (GST Canada)?
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.
Will the CRA Forgive My Tax Debt?
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.
Ways to Reduce the Tax Debt Owed to the CRA
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.
Stopping Tax Debt Collection Actions
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 I Go to Jail for Tax Debt?
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...
CRA Snitch Line
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...
Tax Debt & Spouses in Canada FAQ
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...
What Happens if I Owe CRA More Tax Debt Than I Can Afford to Pay?
How you can handle a situation where you owe the Canada Revenue Agency more tax debt than you can afford to pay. How can you solve your Tax Debt? Find the solution here.
What Happens if You Don’t Pay a Tax Debt?
If you owe a tax debt and are unable to pay, what should you do? If you owe taxes and do not pay, the CRA takes the situation very seriously, CRA takes outstanding tax debt very seriously