05/30/2025
Well, hello everyone! Heres another “awesome” public service announcement for you ….. 😡
I just learned another fabulous fun fact about Canada revenue, and our imperial leaders today that has just sent me off the deep end with anger and rage…
If you owe taxes when you do your income tax, and they inform you that you have to make installments…
Although there is absolutely no law saying that you have to pay installments to them to pre-pay your next year’s taxes, keep in mind that they will be charging interest on the installments that you do not pay…
So for example, if they tell you, you need to pay $3000 in installments and you do not pre-pay that $3000, they will charge you interest on that $3000 and when you do your following years taxes, that arrears interest will be added to your next balance owing!!
Isn’t that just fabulous….
😡😡🤬🤬🤬🤬🤬