#LegalAdvice #LegalThreat #LegalAction #CommunityHelp
Hey everyone! 👋 So I recently received some threatening legal action and I wanted to reach out to get some advice on how to handle the situation. I appreciate all the responses I’ve received so far – you guys are so helpful! 🙏
Here are some possible solutions that I’ve been considering, and I would love to hear your thoughts or suggestions as well:
– Seeking legal counsel to understand my rights and options
– Responding in a calm and professional manner to address the issue
– Gathering any evidence or documentation to support my case
Any other tips or experiences you can share would be greatly appreciated! Let’s support each other through these challenging situations and come out stronger together. 💪 Thanks in advance for your help! 🌟
Talk to their manager or someone above them.
I have noticed they are getting more aggressive on collections this year. I’ve received quite a few more phone calls than normal over the last 6 months for clients, particularly for GST and Payroll accounts. I would call back the collections department and see if they will agree to a payment plan again. They are usually pretty reasonable as long as you communicate with them and make regular payments. The interest is no joke though at 10%.
The 14-day payment deadline is the standard collections legal warning letter sent out to anyone in arrears in hard collections. Every agent handles their cases differently and some are more aggressive than others. If your 2023 arrears are similar to 2022, then paying it in full by August is generally acceptable, but an early payment in good faith goes a long way to concretely demonstrate your commitment to resolving your outstanding balance. Just my two cents!
At the amounts you’re looking at there I believe you’re required to prepay your taxes either semi annually or quarterly, not just at time of filing. This means you’re well behind the June date. They never enforced the quarterly payments with me as far as I recall.
https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-payments/paying-instalments/instalment-requirements/calculating-instalments-parts-1-xiii-1-tax-provincial-territorial-tax.html
Would be nice if this worked both ways. I file throuhg and accountant and myreturn has been “under review”for months. Wife has a similar return and got hers in a few weeks.
Just a thought. Maybe try to follow the law and pay your taxes? It’s pretty simple as a self employed person, you need to set aside the taxes at time of payment received. You clearly weren’t doing that and were spending money that wasn’t yours.
Pay your taxes on time
You are essentially a full year late on your payments.
You should have been paying provisional accounts based on your tax estimate every 3 months. The June date is when you balance everything.
They decided to be more aggressive than the first time, since this isn’t your first time being late on your taxes.
The issue is that you are supposed to pay in instalments if you are self-employed and making over a certain amount. Your taxes were due last year, not in June this year (not to mention even without the instalments, payment is due on April 30th for self employed people, not at the filing due date).
I suggest you pay as much as you can now.
That’s absolutely crazy. The company I used to work for didn’t file their taxes for five years and after filing their taxes, he ended up owing $450,000. He still hasn’t paid a single penny to this day and that was two years ago and they’ve never even called him and I know this because he’s a good friend of mine after all the years I worked for him so the fact that they’re coming after you for a measly $32,000is absolutely mind blowing.
Edit..spelling
Have you yet considered paying your taxes on time?
That’s great to hear!