THANK YOU FOR SUBMITTING YOUR INFORMATION AND DOCUMENTS!
We greatly appreciate your trust ❤️ and we promise to do our best to maximize your tax return!
What happens next:
- Our tax expert will review your submission and start the tax return process.
- If we need to clarify something, we will send an email, SMS, or give you a phone call.
- If we don’t have any questions, we will process your tax return and send a confirmation to your email.
- You will receive an invoice with the confirmation of the filed tax return.
Personal Income Tax Returns
If you are married or in a common-law relationship, please complete the Client form for each of the spouses so your returns can be filed together, ensuring correct benefit calculations.
Make sure you (and your partner if applicable) have with you:
- Your name as it is on file with the Canada Revenue Agency
- Your Social Insurance Number (SIN)
- Your date of birth
- If you have any children under 18 who live with you or infirm adults in your care, know their name, date of birth, SIN, and net income.
- Tax slips for the tax years need to be filed.
- If you don’t have the slips mentioned above, we can often get them from CRA for you during the appointment, but you will need at least one tax slip from the last ten years for us to be able to verify your identity virtually.
- Your sources of income, especially any casual labour or tips that you didn’t get a T-slip for
- Tuition slips (T2202)
- Eligible medical expenses (you can request a printout from your pharmacy!)
- Charitable donations
- Rent or property tax info
- Any other supporting documents from the Income Tax Return Checklist
Income Tax Returns For Self-Employed Individuals
In addition to the information above, please, have information about your business expenses.
The initial step is to determine the appropriate tax return to complete and file, depending on the structure of your self-employed business. Generally, self-employed individuals choose one of the following business structures:
- sole-proprietorship,
- unincorporated partnership,
- unincorporated limited liability partnership, or
- unincorporated general partnership.
Income earned from these structures is regarded as self-employment income. Conversely, for tax purposes, an incorporated business is considered a corporation. If your business is incorporated, the Canadian government no longer regards you as self-employed but rather as an employee of the corporation.