First Instalment Reminder

How to respond to a first Instalment Reminder from the Canada Revenue Agency

By the time August arrives, nearly all Canadians have filed their income tax returns for the previous year, received a Notice of Assessment from the tax authorities with respect to that return, and either spent their refund or, more grudgingly, paid any balance of tax owing. It’s a surprise, therefore, when unexpected mail arrives from the Canada Revenue Agency (CRA) around the middle of August, and the information in that mail will likely be both unfamiliar and unwelcome. Specifically, ...
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