In this video, we delve into the key disparities between a CRA Notice of Collection and a Notice of Assessment, crucial aspects of taxpayer responsibilities. Understanding these government notices is essential in navigating tax disputes, safeguarding taxpayer rights, and ensuring legal compliance with financial obligations. Join us to learn how Revenue Canada issues these notices in the realm of Canadian taxes and how they impact tax preparation processes.

In this video Arielle from Fix My Books will be showing you how to find out if you need to make instalment payments and how to calculate and pay Instalment payments.

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t7b-corp/corporation-instalment-guide.html#D_y_nd

Check out my socials for other tips and tricks on how to run a successful business in Canada, and as always, feel free to message me with any questions!