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Don’t be afraid of the tax man: CreditLift is here to help

Jennifer Croft

Jennifer Croft

Filing taxes can be a daunting task, and it’s not uncommon for individuals and businesses to fall behind on their tax obligations. If you or someone you know is facing CRA tax debt, it’s important to take action and seek help. The consequences of not filing taxes can be severe, including interest and penalties, legal action, and damage to credit scores. But with CreditLift, there’s no need to fear. We’re here to help you get back on track and achieve financial freedom.

Tax Deadlines in 2023

Before we dive into how CreditLift can help with CRA tax debt, let’s review the important tax deadlines for 2023:

Personal Income Tax Returns: April 30, 2024

Self-Employed Income Tax Returns: June 17, 2024

Corporate Income Tax Returns: Within six months of the fiscal year-end

If you’re unable to file your taxes by the deadline, it’s important to file an extension to avoid late-filing penalties.

To learn more about CRA tax deadlines, click here.

Consequences of Not Filing Taxes

Not filing your taxes can have serious consequences, including:

Interest and penalties: The CRA charges interest on any unpaid amounts owed, and penalties for late-filing or late-payment can add up quickly.

Legal action: The CRA can take legal action to collect unpaid taxes, including garnishing wages, seizing assets, and freezing bank accounts.

Damage to credit score: Unpaid tax debts can negatively impact your credit score, making it difficult to secure loans, credit cards, and even rent an apartment.

How CreditLift Can Help

CreditLift offers a range of services to help individuals and businesses dealing with CRA tax debt. We can help you negotiate with the CRA, set up a payment plan, and provide guidance on how to avoid future tax debt. Our team of experts has years of experience helping clients with tax debt, and we’re dedicated to providing compassionate and effective solutions.

CreditLift’s Tax Debt Success Stories

Don’t just take our word for it. Here are some examples of how CreditLift has helped clients dealing with CRA tax debt:

“I was facing a hefty tax bill from the CRA and didn’t know where to turn. CreditLift not only helped me negotiate a payment plan, but they also provided me with valuable advice on how to avoid future tax debt. I’m so grateful for their help!” – John S.

“Thanks to CreditLift, I was able to settle my tax debt with the CRA and avoid legal action. They were patient, understanding, and went above and beyond to ensure my financial success. I highly recommend their services.” – Sarah K.

If you or someone you know is dealing with CRA tax debt, don’t hesitate to reach out to CreditLift for help. Our team is ready to assist you and provide you with the support you need to achieve financial freedom.

If you need help with your debt, click here for a free consultation.

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CreditLift founders are considered experts in their field and have been interviewed by both local & national news networks related to debt and financial literacy.