Tax Tip #1: Make sure you have all of your T-Slips before filing your tax return.
Tax time is in full swing. While we encourage clients to drop off their paperwork sooner rather than later please be cognizant of the fact that while most people have been issued T4's there are still some t-slips that do not have be technically issued until the end of the month. If you are unsure of whether not you are missing slips we suggest you contact your financial institution to inquire if you have received all relevant slips to process your tax return. If a tax return is missing slips when filed a subsequent T1-adustment is necessary to correct the return resulting more hassle for the taxpayer (and the preparer).
If you have questions please contact us. We provide the following service to small to medium sized businesses and individuals in Langley, B.C and surrounding areas financial statements, accounting, bookkeeping, tax planning, estate tax, and corporate income tax. We look forward to working with you.
*Servicing Langley, Aldergrove, Maple Ridge, Pitt Meadows, Surrey and White Rock B.C.