You may have received a letter from the CRA advising you of an unpaid tax amount and it will speak of “legal actions” to come if you do not call and arrange a repayment. The types of legal action that CRA may take are varied and the letter will warn that these legal actions may […]
Do you owe money to the Canada Revenue Agency (CRA)?
What is “Director’s Liability?”
I put my life and savings into my incorporated business and it failed. Now the tax Agency says I owe for something called Director Liability? I have no money or assets to pay such a debt…what can I do? This is a fairly common scenario. Simply stated, Director’s Liability is the liability that can be […]