What does Garnish mean?

CRA can garnish your income, which means they have the legal authority to take a portion of your earnings directly from your paycheck or bank account. This action is typically pursued when there are outstanding tax debts that have not been paid.

If you find yourself in a situation where the CRA is garnishing your income, it can lead to financial strain, affecting your ability to cover everyday expenses and obligations. It’s crucial to address any tax issues proactively to prevent garnishment, as dealing with the CRA can be complex and time-consuming.

Seeking professional advice before this underlying tax issues before they escalate into something bigger. There is a time limit for addressing the issue before they take you to court.

A case in point is a person who had a $33,000 of income from corporation and the person had asked around and tried to obtained freeby advice. She let the situation sit for 10 years and CRA took the case to the tax courts. The end result was that a lean of $230,000 was placed on the house she owned.

Don’t leave unpaid debt owe to CRA sit. Seek professional help.

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