unreported income

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Staying on the Right Side of the CRA: A Practical Guide to Audits, Disclosures, and Reassessments

Most Canadians have a healthy respect — and a fair amount of anxiety — when it comes to the Canada Revenue Agency. The good news is that the vast majority of CRA interactions are routine, and almost all of them are manageable when you understand the process and respond on time. As a CPA, I […]
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Voluntary Disclosure Program: Coming Clean Before the CRA Finds You

If you have unfiled tax returns, unreported income, or foreign assets you never disclosed, you are not alone — and you may have more options than you think. The Canada Revenue Agency’s Voluntary Disclosure Program (VDP) exists precisely for situations like yours. Used correctly, it can mean the difference between a manageable resolution and a […]
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