If you have not filed taxes for a year or multiple years, we can provide valuable assistance to help you get back on track. Here’s how how can help in such situations: Assessment and Evaluation: We will assess the business owner’s tax situation by reviewing their financial records, income, expenses, and any available documentation. We will identify the years that require tax filings and determine the extent of the non-compliance. Voluntary Disclosure Program (VDP): In Canada, the Voluntary Disclosure Program allows taxpayers to voluntarily disclose their previous non-compliance to the Canada Revenue Agency (CRA) and rectify their tax situation without facing penalties or prosecution. We can guide you through this process, ensuring you meet the program’s requirements and assisting in the preparation and submission of the disclosure. Record Reconstruction: If you lack proper financial records, we can assist in reconstructing the necessary documentation for tax filings. We may use bank statements, invoices, receipts, and other available sources to recreate your financial records and ensure accurate reporting. Compliance and Filings: We will prepare and file your required tax returns, covering the years of non-compliance. We will ensure that all necessary forms and schedules are completed accurately, taking into account any applicable deductions, credits, or tax relief provisions. Negotiation with Tax Authorities: If you owe back taxes or penalties as a result of non-compliance, we can engage with tax authorities on your behalf. We can help negotiate payment arrangements, installment plans, or explore options for tax relief programs, such as the Taxpayer Relief Provisions, to mitigate the financial burden. Tax Planning and Ongoing Compliance: Once the past years’ tax filings are completed, we can help you develop a plan for ongoing compliance. We can assist in setting up systems for recordkeeping, provide guidance on tax obligations and deadlines, and implement tax planning strategies to minimize future compliance issues. It’s important to note that if you have not filed taxes for several years, the situation can be complex and may require additional support from tax lawyers or professionals who specialize in tax dispute resolution. We can work alongside these experts to provide comprehensive assistance and ensure that you take the necessary steps to rectify your tax situation effectively and minimize any potential legal or financial consequences.