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 

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