Unfiled & Late Taxes

Life happens and keeping up with your taxes can become overwhelming and complicated. Our Tax Mechanic professionals have years of experience handling your unfiled and late taxes.

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Unfiled & Late Taxes

Behind On Your Taxes?

Penalties for late income tax in Canada can cause significant tax debts with the Canada Revenue Agency, negatively impacting the future of your personal and business finances. Our team at Tax Mechanic are experienced with filing your most complex tax situations negotiating with the CRA on your behalf to bring your account up to date with zero to minimal penalty charges.

Why Choose Us

Benefits Of Working With Tax Mechanic

Tax Consultants You Can Trust with Confidence

Our team of expert Tax Mechanics, have years of experience managing unfiled tax portfolios. When choosing to work with us, clients can trust that our team is efficient and available to answer any questions or concerns regarding their taxes. 

The Best Arrangements With The CRA

Our team will fight for the best possible arrangements when negotiating on your behalf with the CRA. In the past we've managed to achieve significantly reduced or completely waived penalties on late taxes. Chat with one of our experts to learn more. 

FAQs

Common Questions About Unfiled Taxes, Penalties, Deadlines and More.

The late-filing penalty is 5% of your 2020 balance owing, plus an additional 1% for each full month you file after the due date, to a maximum of 12 months.

Yes.

You will be assessed penalties and interest.

No. We advise filing a VDP.

The max your late tax returns can be filed is 10 years max.

The tax deadline for 2021 is April 30, 2022. Unless you are self-employed, the tax deadline is June 15th 2022.

Unfiled Tax Returns have not been filed. 

Back Taxes/Returns have been filed with an outstanding owing balance.

Death by firing squad.

Alternatively we can negotiate on your behalf to arrange a payment arrangement with the Canada Revenue Agency (CRA). 

Quick Tax Facts

Late-Filing Penalties

For 2017 to 2019.

If the CRA charged a late-filing penalty for 2017, 2018, or 2019 and requested a formal demand for a return, your late-filing penalty for 2020 will be 10% of your balance owing. You will be charged an additional 2% for each full month you file after the due date, to a maximum of 20 months.

Late filing penalties still apply even if you are eligible to get interest relief if you received COVID-19 benefits.

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Expand Your Knowledge

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