File Overdue Tax Returns Ridge

Understanding the Consequences of Not Filing on Time Running a business in Canada comes with a long list of responsibilities, and staying current with the Canada Revenue Agency is near the top. When corporate tax returns or GST/HST returns slip through the cracks, the consequences can build up faster than most owners expect. A late-filing penalty alone can turn a manageable oversight into a significant expense. Beyond the financial hit, there is also the risk of a tax reass