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We are pleased to provide a variety of resources on accounting, taxation and other related subjects that we hope will be helpful to both individuals and businesses.

I Can't Afford to Pay the Taxes Owed? What Can I Do?

late Pay the Taxes Owed

If you can't afford to pay the taxes owing, you should file your tax return by the deadline to avoid any late-filing penalty. Once you have submitted the return, call the Canada Revenue Agency (CRA) regarding the payment that is due. Under some circumstances, interest and penalties can be waived. More information can be found here.

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