Getting Back on Track: Bookkeeping for Missed Taxes
Missing a tax deadline or falling behind on filings can feel like a heavy weight. For many small business owners in Canada, the first instinct is to ignore it and hope the problem goes away. That rarely works. The Canada Revenue Agency (CRA) does not forget, and penalties, interest, and stress tend to compound over time. What most people do not realize is that the real solution starts not with the tax return itself, but with the books. When a business misses taxes, the ro