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Check out our Tax Tips with The Mad Accountant
TTT: Owe money to the CRA? Here are your options.
There are lots of options to explore if you find yourself owing the CRA some money. It's a sticky situation for sure! Definitely not one you want to be in. But there are solutions available for you, and you would be doing yourself a disservice not to look into them.
TTT: Remittances, Instalments, and Collections
Owe the CRA some money for taxes! Don't ignore it! Many people pretend their tax bill doesn't exist and that it will disappear, but it will not. The CRA will come after you! Learn how to manage remittances, interest deferrals, collections, and instalments.
TTT: Lessons Learned From 2021 Tax Season
This year's tax season was one of the most difficult ones yet! I say that every year, but this year was especially bad. Between CRB, part-time jobs, and new expenses, people were all over the place with their taxes. Learn what NOT to do for next year to save yourself more money!