Taxpayer Relief

Reducing Unnecessary Financial Burdens​

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The Taxpayer Relief Program provides an opportunity for individuals and businesses facing exceptional circumstances to seek relief from penalties, interest and other tax-related hardships. Administered by the Canada Revenue Agency (CRA), this program allows taxpayers to request special consideration for financial relief due to circumstances beyond their control.

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What Can Taxpayer Relief Provide?​​

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After reviewing the specific details of a taxpayer’s situation, the CRA may grant one or more of the following forms of relief:

• Waiving or cancelling penalties and interest applied to outstanding tax balances.

• Extending the filing due date for certain elections or granting permission to amend or revoke specific elections.

• Authorizing a refund of overpaid taxes, even if the return is filed beyond the typical three-year limit.

• Allowing a reassessment or redetermination beyond the standard three-year period if it results in a tax refund or a reduction in the amount owed.

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Who Qualifies for Taxpayer Relief?

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Relief is not granted automatically—applicants must demonstrate that their circumstances meet specific CRA guidelines. Taxpayer relief may be considered for the following reasons:

• Financial hardship or inability to pay due to exceptional circumstances.

• Significant life events, such as death, severe illness, accident, emotional distress, or loss of a close family member.

• Natural or man-made disasters that directly impact the taxpayer’s ability to meet obligations.

• CRA errors or processing delays that result in unfair penalties or interest accumulation.

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How We Help - Expert Guidance Throughout the Process

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At Stonebridge Tax Resolutions, we assess your case based on CRA guidelines, ensuring that your application is well-prepared and supported by the necessary documentation. Our services include:

• Case Evaluation – Determining if your situation qualifies for taxpayer relief under CRA provisions.

• Application Preparation – Completing and submitting the required forms with a strong, well-documented argument.

• Supporting Documentation – Gathering relevant records to strengthen your claim for relief.

• CRA Communication & Follow-up – Handling all correspondence with the CRA to advocate for a favorable outcome on your behalf.

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Take Control of Your Tax Situation

 

Unforeseen circumstances shouldn’t leave you burdened with penalties and interest you can’t afford. If you believe you may qualify for taxpayer relief, let us help you navigate the process with confidence. Contact us today for a consultation and take the first step toward financial relief.

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