Is your bank account frozen by the CRA, preventing you from paying bills or operating your business?

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Struggling to refinance your home due to a CRA lien on your property?

Not receiving your full paycheck or client payments because of CRA garnishments?

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When you owe past due taxes to the CRA or any provincial authority, they often believe the debt must be paid in full immediately. However, this is not the case. Although tax authorities continue to charge high interest rates, it is possible to negotiate a repayment plan based on your financial situation.

Timely Negotiation is Crucial Negotiating a payment plan promptly is in your best interest. CRA collection officers are aggressive and will visit your home or office to collect as much as possible, as quickly as possible. They have extensive collection powers but may mislead you about your rights.

Common CRA Collection Mechanisms:

• Wage garnishment

• Imposing property liens

• Damaging your credit

• Forcing the sale of your home

• Freezing or seizing bank accounts

• Intercepting payments due to you

• Seizing your assets

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Protect Your Rights You must be careful, as the CRA has various means to collect unpaid tax debt involuntarily. Understanding your rights and options is essential.

Contact Us Contact Wealthbees to explore your options. We can help negotiate the removal of legal actions initiated by the CRA, including personal property liens, salary garnishments, requirements to pay, and unfreezing seized bank accounts.

CRA Resources:

• Collections at the CRA

• Prescribed Interest Rate

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For expert assistance with CRA tax debt issues, reach out to Wealthbees today!