The anxiety over the unpaid taxes can be shortened with the amazingly backed up services of Ashani Lakhotia CPA. Just trust us with the process and we have got everything covered for you.
Prompt | Competent | Reliable
The anxiety over the unpaid taxes can be shortened with the amazingly backed up services of Ashani Lakhotia CPA. Just trust us with the process and we have got everything covered for you.
Prompt | Competent | Reliable
Your VDP worries are all well taken care of with us
The Voluntary Disclosure Program is designed to stimulate tax payers to come forth and disclose the income tax liability that they might have missed out to file for and is unknown to the Canada Revenue Agency.
It can be a genuine error from the taxpayer’s end however it is wise to bring it forward as soon as it is known. There are two defined ways under the Program to resolve the and the CRA is authorised to decide which one to go for based on the amount involved, the extent of non-compliance and intent.
Having an experienced professional to guide through this entire process is crucial. Lakhotia CPA ensures that its clients are fully taken care of during this period and offer the protection in audit representation.
Here is the criteria for you to be considered for the VDP
- The concerned taxpayer needs to self-initiate it. If you received a notice from the CRA before that, you cannot be considered for VDP.
- The errors filed should be thoroughly checked and the taxpayer needs to make sure there are no more errors in the newly filed returns.
- The tax returns under the VDP will need to be filed at least a year after they get due.
- The VDP program can only be used if the owed tax amount has a penalty involved.
Here are some reasons why you should hire us for this service
- We offer you the right representation and make sure this does not happen again.
- A professional knows how to negotiate with the CRA and also ensure minimum disclosure of information.
- Since our team already employs advanced tools and systems, you can go on to hire us full time to manage your taxes as well.
- We work with a personalised approach giving our clients the needed assurance with our proactive approach.
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