How to tackle "vintage" tax debt episode artwork

EPISODE · Feb 5, 2023 · 16 MIN

How to tackle "vintage" tax debt

from The Tax Chick Podcast · host Amanda Doucette

Hi!  Me again, for another bite-sized solo episode of The Tax Chick Podcast!In today's episode, I am chatting about "vintage" tax debt... a.k.a. income tax debt from many years ago.  How do you find out what you owe?  How do you tackle payments?  How do you figure out what portion of the debt is tax versus interest?  Is there a statute of limitations?I am sharing my tips and tricks for how to get your arms around the issue, and some potential solutions to the problem!  RESOURCES DISCUSSED IN THIS EPISODEJami Monte and Amanda Doucette, "How to stay cool during an audit": https://youtu.be/wFG5hG4DaoE Taxpayer Relief Application: https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/rc4288.html Remission Orders:  https://www.canada.ca/en/revenue-agency/services/about-canada-revenue-agency-cra/complaints-disputes/when-request-remission-review.html The AMAZING Lebanese restaurant in Oakville:  http://www.marosbistro.com/ HERE ARE SOME OTHER WAYS TO CONNECT WITH METhe Tax Chick Blog (until the big reveal of my new website!): https://taxchickca.wpcomstaging.com/ Email: [email protected] LinkedIn: https://www.linkedin.com/in/amandasadoucette Instagram: https://www.instagram.com/tax.chick/?hl=en Sign up for my newsletter ("Be a Tax Chick VIP"): http://eepurl.com/hNbXcb 

Hi!  Me again, for another bite-sized solo episode of The Tax Chick Podcast!In today's episode, I am chatting about "vintage" tax debt... a.k.a. income tax debt from many years ago.  How do you find out what you owe?  How do you tackle payments?  How do you figure out what portion of the debt is tax versus interest?  Is there a statute of limitations?I am sharing my tips and tricks for how to get your arms around the issue, and some potential solutions to the problem!  RESOURCES DISCUSSED IN THIS EPISODEJami Monte and Amanda Doucette, "How to stay cool during an audit": https://youtu.be/wFG5hG4DaoE Taxpayer Relief Application: https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/rc4288.html Remission Orders:  https://www.canada.ca/en/revenue-agency/services/about-canada-revenue-agency-cra/complaints-disputes/when-request-remission-review.html The AMAZING Lebanese restaurant in Oakville:  http://www.marosbistro.com/ HERE ARE SOME OTHER WAYS TO CONNECT WITH METhe Tax Chick Blog (until the big reveal of my new website!): https://taxchickca.wpcomstaging.com/ Email: [email protected] LinkedIn: https://www.linkedin.com/in/amandasadoucette Instagram: https://www.instagram.com/tax.chick/?hl=en Sign up for my newsletter ("Be a Tax Chick VIP"): http://eepurl.com/hNbXcb

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How to tackle "vintage" tax debt

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This episode was published on February 5, 2023.

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Hi!  Me again, for another bite-sized solo episode of The Tax Chick Podcast!In today's episode, I am chatting about "vintage" tax debt... a.k.a. income tax debt from many years ago.  How do you find out what you owe?  How do you tackle payments? ...

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