Notes

Finlay Associates: Taxation

Small Business & Personal tax services

• Personal income taxes (Federal & All Provinces)
• Self-employed returns
• Sole proprietorship & partnerships
• Capital gains and investment income
• Rental property income
• Prior year tax returns
• Tax planning & strategies

Corporate services

• T2 Corporate Tax Return Preparation
• Monthly and Quarterly Bookkeeping
• Corporate Year End Preparation
• Financial Statement Preparation
• HST return preparation
• Tax planning & strategies
• Cost reduction strategies for small business

Efile Services available for all returns.

What documents that you may need to file your personal tax return:

Slips:

• Canada Pension Plan Benefits (T4AP)
• Employment Insurance Benefits (T4E)
• Employment: Year-to-Date Pay Stubs If No T4 Issued (T4)
• Investment Income: Interest, Dividends, Capital Gains (T3 & T5)
• Old Age Security Pension (T4OAS)
• Other Pensions and Annuities (T4A)
• Registered Income Fund Pension Income (T4RIF)
• Registered Retirement Savings Plan Contributions (RRSP)
• Registered Savings Plan Income (T4RSP)
• Social Assistance or Workers Compensation Income (T5007)
• Tuition, Education, Textbook Amounts (T2202A)
• Universal Child Care Benefits (RC62)

Receipts:

• Adoption Expenses
• Automobile Expenses
• Carrying Charges
• Charitable Donations (up to 5 years)
• Child Care Expenses
• Child or Spousal Support
• Children’s Fitness Receipts
• Home Renovation Receipts
• Interest Paid on Student Loans
• Interest paid to Earn Investment Income
• Medical Expenses (e.g., dental, prescriptions, eyewear, doctors fees, med insurance premiums)
• Moving Expenses
• Political Contributions
• Public Transit Receipts
• Rent or Property Taxes
• Safety Deposit Box Fees
• Tool expenses for Tradespersons
• Travel Expenses
• Union Dues or Professional Fees
• Workspace-in-Home Expenses

Other Documents That May Be Required:

• Business or Professional Income and Expenses
• Canada Revenue Agency Notices, Letters, Correspondence
• Claim for Meals and Lodging (signed by employer) (TL2)
• Court Order or Separation Agreement
• Declaration of Conditions of Employment (filled out and signed by employer) (T2200)
• Details of Purchases and Sale of Investments (stocks, bonds) or Real Estate
• Disability Tax Credit Certificate (filled out by physician) (T2201)
• Northern Residence Deduction Particulars
• Notice of Assessment and Re-Assessment for Last Year
• Rental Property Income and Expenses

If you need more info, Finlay Associates will help you. Our company is a highly skilled service company that specializes in accounting, tax and fraud prevention. We can identify areas of weakness that may lead to inefficiency’s and excessive costs that could directly affect your bottom line. By offering a wide variety of services from bookkeeping, internal auditing to fraud examination, we are a valuable asset to any business.