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Small Business Tax Accounting

John's Case Study - $400,000 lien removed from client’s home because of back taxes

John was a very busy man operating his super market business. As many individuals do, he neglected to file corporate income tax returns and payroll remittances for about four years. Canada Revenue Agency (CRA) was not impressed with John. CRA sent numerous letters to John reminding him of his obligation to file the corporate tax and payroll remittances.


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