Paying Corporation or Personal Income Tax in Canada

Author: External Authour | | Categories: Accounts Payable , Accounts Receivable , Bookkeeper Calgary , Bookkeeping Calgary , Bookkeeping Services , Financial Statements , Payroll

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What happens if you can't pay your corporation tax or personal income tax in Canada? First, you should make sure you file on time. Even if you owe more taxes than you can pay by the income tax filing deadline, you need to file your income tax return on time to avoid late-filing penalties.

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Original Article Source Credits: The Balance Small Business , https://www.thebalancesmb.com/

Article Written By:  SUSAN WARD

Original Article Posted on :December 12, 2019

Link to Original Article: https://www.thebalancesmb.com/what-happens-if-i-can-t-pay-the-income-tax-that-i-owe-2947308

 



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