Originally Published by The TaxLetter Vol. 27, No. 10,  October 2009   www.adviceforinvestors.com

Voluntary disclosure Reasons to come clean Eileen Reppenhagen, CGA

Ever wonder whether voluntarily disclosing something is worth it? The CanRev website says that if you tell them about an amount you didn’t report, they may waive the penalties. To do this, see their Voluntary Disclosures Program. Complete Form RC199 and attach it to your disclosure submission along with supporting documentation. The submission must be in writing and mailed or faxed to the tax services office that has jurisdiction over your home area. There are conditions for a ... ...  Signup for The TaxLetter and read Eileen's full article every month

Eileen Reppenhagen, CGA, ACG, Certified QuickBooks ProAdvisor, and Honorary Member of the Institute of Professional Bookkeepers of Canada, writes and speaks about accounting and tax.  She is a regular contributor to Canadian MoneySaver, The TaxLetter and Intuit Canada’s Advisor Advantage.  All articles are copyright protected.  Most articles are not available for re-print unless you obtain permission from third parties.  Please respect copyright. For more information or permission to re-print please contact  eileen@taxdetective.ca If you obtain permisison to re-print an article, include this tagline:   "Eileen Reppenhagen, CGA is a Certified QuickBooks ProAdvisor and speaks and writes about accounting and tax.  Contact her at www.taxdetective.ca".