What does “D-Delay” in the acronym ADAPT mean and what does it stand for?
“D-Delay Payments.” This can add to your cash flow by subtracting payments and interest from your day to day cash flow. There are a lot of tax programs that can be delayed, but there is a lot of fine print and you could end up missing a deadline and either triggering a retroactive interest or penalty calculation by missing a payment or filing deadline.
The best source for federal deferral information is here:See the details
For the Province of British Columbia, the delayed payments are here:See the details
We are step three in this acronym. A for Access advisors. Reach out to us below and learn to make changes and to read the signs of change so that they help you instead of stopping you.