Learn more about our Personal Tax Return Preparation Services and Peace of Mind Guarantee. Contact Tim at tim@reynoldsaccounting.ca or 647-991-4621 to discuss how we can help you with your tax return.
As you receive your tax slips, here’s a checklist to help keep your records organized and avoid missing deductions. It is also a reminder of the information you need to bring to your tax appointment.
Personal Documents
o 2012 personal tax return (if return was not prepared by us)
o 2012 Notice of Assessment
o 2013 tax instalment payments
o Employment income slips T-4
o Investment income slips T-3, T-5
o Other income slips T-4A, T4RIF, T4RSP, T4A(P), T4OAS
o Brokerage statements with details of sale of stocks etc.
o Declaration of conditions of employment form T2200
o RRSP Contribution
o Charitable donation receipts
o Medical expenses receipts
o Tuition fees and interest paid on student loans
o Professional dues
o Children’s physical activity and arts program receipts
o Child care receipts
o Moving expenses
o Public transit passes
o Private health plan payments
o Property taxes or rent payments
o Rental property income and expenses
o Spousal support payments
Self-Employment and Business Records
o Home office expenses – rent, maintenance, utilities, property taxes, insurance, office and home sq ft.
o Vehicle – mileage log for business vs. personal use, expenses including gas, repairs, insurance, license, loan interest and lease payments
o 2013 books and financial statements
o Details of revenue and expenses
o Bank statements
o 2012 Corporate tax return (if return was not prepared by us)
o 2012 Notice of Assessment
o 2013 Statement of Interim Payments
o Inventory as of December 31, 2013
o Outstanding Accounts Payable and Accounts Receivable listing
The above list captures the most common items and is not intended to cover all scenarios.
