How we help
- Side-business and gig-economy income
- Real-estate flipping and rental income
- Cash businesses and tip income
- Crypto-to-fiat conversions
CANADA'S TAX & BUSINESS LAWYERS
Avoid Problems on Unreported Domestic Income! We Can Help
We've got you covered!
Schedule a Consultation
We Have Helped Hundreds of Canadians Sort Their Domestic Income Tax
01.
Keep the Auditors at Bay.
02.
Handle the Auditor so You Don't Have to.
03.
Conduct the Audit in Our Office.
04.
Help Prevent Legal Issues Against Undeclared Domestic Income
Unreported Domestic Income
Do you have a side hustle? Are you active in the gig economy? Are you self-employed? Do you earn tips?
It is mandatory for all Canadian Residents to report all Domestic income. Filing tax returns with unreported income is a serious situation that can result in gross negligence penalties being applied.
If you have domestic income from part time jobs and freelance works that has not been reported to the CRA, these could lead to penalties and tax issues.
Book a Consultation with a Lawyer
Unreported Domestic Income
Do you have a side hustle? Are you active in the gig economy? Are you self-employed? Do you earn tips?
It is mandatory for all Canadian Residents to report all Domestic income. Filing tax returns with unreported income is a serious situation that can result in gross negligence penalties being applied.
If you have domestic income from part time jobs and freelance works that has not been reported to the CRA, these could lead to penalties and tax issues.
Book a Consultation with a Lawyer
Here at Barrett Tax Law, we have the expertise to manage your VDP to report unreported domestic income
CALL US TODAY 1-877-882-9829
What to expect when you call us
Your first call is a free, no-obligation consultation with a tax lawyer. We will review the details of your situation, explain your options under the Income Tax Act and CRA administrative practice, and give you a clear, fixed-fee quote if you choose to retain us. Your consultation is confidential, and once we are retained, communications are protected by solicitor–client privilege.
If you retain us, we begin work within 24 hours of being retained.
Frequently asked questions
Am I eligible for the Voluntary Disclosures Program?
Generally yes, as long as the CRA has not yet contacted you about the matter you wish to disclose, the disclosure is voluntary, complete, and at least one year overdue, and involves a penalty.
What happens if I do not disclose voluntarily?
If the CRA discovers the issue first, you face gross-negligence penalties (up to 50% of the tax owing), full interest, and potential criminal prosecution for tax evasion under section 239 of the Income Tax Act.
How long does a VDP submission take?
Drafting takes 2–6 weeks for most cases. CRA review typically takes 6–18 months. Interest continues to accrue until the file closes, but penalties and prosecution are off the table once you have an acknowledgement letter.
