Owe the tax man but can't pay? Ignoring the problem will only make things worse [Yahoo! Finance Canada]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: Yahoo! Finance Canada
The Canada Revenue Agency is aware people may be struggling financially and might not have the means to pay that bill, said Charles Drouin, a spokesperson for the federal agency. He urges those who find themselves in that position to give the CRA a call. "When you call the CRA, we'll be sensitive to that," he said in an interview. "We'll try to understand what your personal situation is and work with you." Setting up a payment arrangement is at the top of the list. People can call and set it up with an automated teller or speak to a representative. It can also be done online through CRA's My Account. ADVERTISEMENT The plan will likely involve dividing the payments into instalments over a period of time, such as 12 months. Drouin said each situation is unique when setting up a payment plan. When people think they might owe money to the Canada Revenue Agency, they prefer not to address the situation, said Yannick Lemay, a tax expert with H&R Block. "This is completely the
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HRB
Earnings
- 5/9/24 - Beat
HRB
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 2/23/24 - Form 144/A
- HRB's page on the SEC website