Printer Freindly Checklist
for Business Taxes

New Client / First Time

Data needed to complete T4's




Last Year's financial statements


For each employee we will need:


Last year's Federal & Provincial corporate tax return filed


Full Name


Notice of assessment - Federal & Provincial


Full Address, including postal code


Minute book and incorporation documents


social insurance number


List of shareholders - complete names and social insurance numbers


total gross salary

 


CCP paid

 


EI

 


tax paid

 


total other deductions

 


and also,

 


Statement of account for current source deductions from Revenue Canada


Returning and New Clients


Current year's back statements & canceled cheques


Bank loan documentation and loan balance confirmation


General Ledger - print out or accounting software data disk


Finance contracts


Trial balance - print out or accounting software data disk


Lease agreements - premises; vehicle and/or equipment


Deposit book or deposit bank receipts


Accounts payable - trade listing


All investment documents GIC back-up, stocks/securities/etc.


Business credit card statements for year (Visa, Mastercard, etc.)


Current insurance policy business and vehicle


All payroll documentation and remittance receipts (PD7A's)


Listing of accounts receivable


All GST returns filled and instalment payments made during the year


Listing of doubtful accounts or bad debts


Long-term debts, mortgage documents, etc.


Listing of inventory on hand at cost


Copies of corporate minutes completed, for dividends declared


Listing of any capital purchases along with purchase invoice


Back-up for all investment income