• Musings of a Tax Chick: Falling on bended knee... what you need to know about the Voluntary Disclosure program

  • Oct 1 2024
  • Durée: 16 min
  • Podcast

Musings of a Tax Chick: Falling on bended knee... what you need to know about the Voluntary Disclosure program

  • Résumé

  • Are you behind in your tax filings? I mean REALLY behind... like more than the last year or two?
    Did you make a mistake in a previous filing?

    Canada Revenue Agency's Voluntary Disclosure Program might just be for you! I have had a couple calls this past week about the "VDP" program, and I thought this might be a great time to dispel some myths.

    In this episode:

    1. I discuss what the program is, and when you would choose to apply.
    2. Provide some insight into the criteria for a successful application
    3. Talk next steps.

    It is so important to remember that VDP does not get you out of paying the tax - in fact, you have to prepay the tax up front-when you make the application! It just offers amnesty from penalties.

    RESOURCES DISCUSSED ON THIS EPISODE:

    • CRA: Voluntary Disclosures Program

    HERE ARE SOME OTHER WAYS TO CONNECT WITH ME:

    • My website!
    • Email: thetaxchickpodcast@gmail.com
    • @tax.chick (IG)
    • LinkedIn
    • Be a "Tax Chick VIP"
    Voir plus Voir moins

Ce que les auditeurs disent de Musings of a Tax Chick: Falling on bended knee... what you need to know about the Voluntary Disclosure program

Moyenne des évaluations de clients

Évaluations – Cliquez sur les onglets pour changer la source des évaluations.