Calgary Tax Consulting Inc.

🚨 CRA Can Freeze Your Bank Account — Don’t Ignore Tax Notices 🇨🇦

If you have unpaid taxes and ignore CRA collection letters, the Canada Revenue Agency can legally issue a Requirement to Pay to your bank. This allows them to:

• Freeze funds in your account
• Garnish wages or other income
• Apply payments directly toward your tax debt

In many cases, this action happens after multiple notices — but once enforcement starts, access to your funds can be restricted immediately.

The good news? Early action can often prevent escalation. Payment arrangements and proper representation make a difference.

Calgary Tax Consulting assists individuals and businesses with CRA collections, negotiations, and compliance strategies.

📞 403-265-2011
📧 [email protected]
🌐 www.calgarytaxconsulting.com

🤯 One Tax Mistake That Costs Canadians Thousands (And Most Don’t Even Notice It)

Every year, Canadians lose thousands of dollars in taxes — not because they broke the rules, but because they didn’t plan ahead.

The most common (and costly) mistakes we see:
❌ Incorrect income structure
❌ Missed deductions & tax credits
❌ Poor timing of expenses
❌ No proactive CRA installment strategy

By the time tax season arrives, many of these opportunities are already gone.

At Calgary Tax Consulting, we work before tax season to help individuals and business owners:
✔ Reduce taxes legally
✔ Improve cash flow
✔ Avoid CRA surprises
✔ Keep more of what they earn

📞 403-265-2011
📧 [email protected]

🌐 www.calgarytaxconsulting.com

📣 T4 & T5 Filing Deadline Reminder 📣

The deadline to file T4 and T5 slips is February 28.

If you are an employer or have paid investment income, you are required to:
✔️ Prepare accurate T4 and T5 slips
✔️ File them with the CRA
✔️ Provide copies to employees and recipients by February 28

Late or incorrect filings can result in penalties and interest, so it’s important to get everything done on time and done right.

At Calgary Tax Consulting, we can help you prepare and file your T4 and T5 slips accurately and efficiently, giving you peace of mind this tax season.

📞 403-265-2011
📧 [email protected]

🌐 www.calgarytaxconsulting.com