It is understandable to be apprehensive about filing your tax returns once they become overdue.
Having to deal with Canada Revenue can be frightening. For this reason alone many overdue tax payers tend to ignore filing in order to get caught up, because they aren’t sure what the consequences will be. They are not sure whether or not they will be able to financially meet the demands that Canada Revenue will place on them regarding the late filing.
It is a serious mistake to keep avoiding the filing of your taxes. The interest and penalties will only continue to mount up. The best step you can take is to have your back taxes professionally completed and filed. This way you can at least be sure that you are going to be able to take advantage of any tax breaks that you are entitled to.
If you are in a financial situation, once you have brought your taxes up to date, you may be able to start negotiations with CRA to arrange payment plans based on your needs.
If you have back taxes that need to be filed, then don’t wait any longer. Let us put our professional expertise to work for you and help relieve the stress that not filing your taxes is creating for you.