From: "Mike" <circlingspirit@hotmail.com>
Newsgroups: can.taxes
Subject: What happens when you put off filing....
Message-ID: <byeT6.24881$_5.2979332@news20.bellglobal.com>
Date: Tue, 5 Jun 2001 20:13:15 -0400
NNTP-Posting-Date: Tue, 05 Jun 2001 20:10:47 EDT
because you listen to certain people who tell you ..."you don't have to file
because it's unconstitutional"
I was penalized very heavily and the amount of interest is
unbelievable,...after putting off the inevitable for almost
7 years they have finally caught up with me and they (CCRA) are going to
give me a break in my amounts
owing (where they could just as easily have had me
sent to jail). I am not complaining about anything just thankful that I rise
each morning in my own home, have
breakfast with my children and my wife and head off to work...still a free
man. Sometimes the simple things in life
are the best things in life.
Signed..A man who would rather get with the program
than fight it.
From: Preferred User <no@boddy.cares>
Newsgroups: can.taxes
Subject: Re: What happens when you put off filing....
Message-ID: <rq7shtcmp3jhnviclb95dbe8djul7ehtab@4ax.com>
Date: Wed, 06 Jun 2001 06:26:42 -0600
NNTP-Posting-Date: Wed, 06 Jun 2001 06:27:52 MDT
I've filed many returns from people who, for an assortment of reasons,
had put it off for one or more years. The usual outcome is that the
government owes them money...about 10% of the non-filers in my
experience have actually been ahead of the game while they were
holding on to their returns.
CCRA has no reason to pursue non-filers who don't owe money and so
they generally don't bother. With penalties being a percentage of the
taxes owed, they'd have to start pursuing and prosecuting people for
failing to collect their tax refunds, GST credit cheques and Child Tax
Benefits.
With penalties and interest added to what you do owe and an
overwhelming probability in most cases that you have a refund coming,
there is never a good reason to skip filing a return. The detaxers
haven't won a thing in court - ever. International Humanity House
hasn't won a thing in court - ever. Follow these guys at your own
peril and know that it will cost you money if you do.