email: info@tagtax.ca
text: 587-777-5558 or office phone:403-265-0162
214, 4441 76 Ave SE Calgary
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Income for the year (invoices and bank statements)
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Cost of materials & supplies (invoices,receipts, banks statements and credit card statemensts
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Business taxes & license fees
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Insurance paid
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Interest/bank charges paid
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Meal expenses
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Accounting fees
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Property taxes paid
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Rental paid
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Telephone costs
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Convention & Training fees
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Bank statements
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Cheque stubs
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Deposit slips
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Uniform & grooming costs
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Travel costs
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Memberships & dues paid
Home Office Documentation Required
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Sq ft of office area and storage specific to business/ sq ft of house
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Or number or rooms in house
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Mortgage Interest (or Rent)
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Insurance
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Property Taxes
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Community Fees & Lake / other fee
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Utilities
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Cable & Satellite & Internet (It is always better to have your internet as a separate bill from your telephone)
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Repairs & Maintenance
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Upgrading & Major Replacements (Only as it directly relates to your office and storage areas)
Vehicle Expense Documenation
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CRA will always require a mileage log. Do you best to write your KM's on your gas receipts at each fill up
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Details Per Vehicle of Vehicle used and driven by
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Type of vehicle(car , truck, van, etc.)
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Make/Model/Year of vehicle
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Total kilometers driven in year
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Total kilometers driven in year for work/employment purposes
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Purchase price
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Date of purchase
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Interest paid for year
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If leased:
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Lease payments
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Manufacturer's list price
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Date lease commenced
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Gas receipts
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License & Drivers Medical Expenses
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Mileage Chart (ok I know most of you do not have this but if you do great)
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Maintenance & Repairs
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Insurance Registration
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Parking
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Car Washes
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Speeding Tickets are not allowable as an expense - Sorry
Travel Documentation Required
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Details of purpose of trips if not for specific job/invoices - Please specify purpose of trip s(whether work break, meeting, etc)
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Airfare receipts
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Hotel/Lodging/ meals & entertainment
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Laundry/ Dry Cleaning
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Car Rental