2025-08-25
Owe the CRA money? Steps to help you get back on track
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
2010-12-30
In a bankruptcy scenario, the bookkeeper will have to turn over the source documents to the Trustee (IE: ledgers, bank statements that you gave them). They will also have to turn over any work that you had done (IE: any prep work you did yourself). As well as any work that they prepared and have been paid for. The bookkeeper will not have to turn over any work that they did, but have not been paid for. In a non-bankruptcy scenario, you would have to check with the institute that your bookkeeper works for (IE: CA, CMA, CGA). If this bookkeeper is not a professional accountant, you may have to check with a lawyer about getting them back. I appreciate your dilemma in that your corporate taxes are due, but also appreciate the bookkeeper's position in having unpaid work. I would recommend that you sit down with the bookkeeper and try to work out some arrangements. Donna Carson, CGA, CIRP, Trustee [email protected] 1.877.500.0792
2025-08-25
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
2025-08-14
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
2025-08-05
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.