Personal Taxes

Engagement Letter

Our engagement letter provides a clear understanding of the nature of our involvement as the preparer of your (and your family’s) personal income tax return(s) as well as your responsibilities as a taxpayer.

Download the engagement letter. (PDF 186.71 KB)

Personal Tax Checklist

The Personal Tax Checklist provides us with basic information to complete your personal tax return. Please note any changes to your contact information or dependant information from the prior year. Please submit it with your tax slips and receipts.

Download the Personal Tax Checklist. (PDF 151.0 KB)

Foreign Reporting

There are foreign reporting requirements that must be completed detailing your financial activities with any person, entity or company who is outside Canada. This legislation could apply to you. There are severe penalties for not filing the prescribed forms. In order to help us decide whether to include one or more of these forms with your tax return, complete the Foreign Reporting checklist.

Download the Foreign Reporting checklist. (PDF 41.69 KB)

Increased Foreign Reporting Requirements

There have been changes over the past two years to the foreign reporting requirements for Canadian taxpayers as issued by Canada Revenue Agency (CRA). Canadian taxpayers (i.e. individuals, corporations and trusts) are required to report all specified foreign property owned during the year if the cost base of all specified foreign property exceeds $100,000 at any point during the year. Any income earned during the year from the specified foreign property must also be separately reported. This reporting is satisfied by filing Form T1135 - Foreign Income Verification Statement with your tax return.

Read more about the new foreign reporting requirements.

A pdf version and a fillable version of the Foreign Income Verification Statement is available on the CRA website.

Business Expense Summary

This summary is useful in summarizing your business expenses by categories.

Download the Business Expense Summary in Microsoft Excel format. (60.0 KB)

Download the Business Expense Summary in PDF format. (PDF 27.6 KB)

Car Expense Schedule

If you use your personally owned vehicle for business purposes, please complete this schedule.

Download the Car Expense Schedule in Microsoft Excel format. (47.0 KB)

Download the Car Expense Schedule in PDF format. (PDF 30.7 KB)

Home Office Schedule

If you use a portion of your home for business, please complete this schedule.

Download the Home Office Schedule in Microsoft Excel format. (47.0 KB)

Download the Home Office Schedule in PDF format. (PDF 29.4 KB)

RRSP Tips

This annual newsletter provides answers to questions such as: How much can I contribute to my RRSP? When do I need to collapse my RRSP?

Download RRSP Tips (PDF 136.24 KB)

U.S. Tax Update—Individuals

There have been a number of U.S. tax developments in recent years as well as changes to the Canada–United States Tax Convention (Treaty) . These changes will affect Canadian residents who may be required to file U.S. income tax returns or who may be carrying on business in the U.S. In addition to the recent changes, many of the tax reduction measures introduced in the U.S. Economic Growth and Tax Relief Reconciliation Act of 2001 (“Economic Growth Act”) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (“Jobs and Growth Act”) will be automatically repealed at the end of 2010.

Download U.S. Tax Update—Individuals (PDF 189.6 KB)

U.S. Tax Questionnaire

You should be aware that there are U.S. tax filing requirements that must be completed if you are a U.S. Citizen, resident or Green Card holder. This legislation could apply to you. There are severe penalties for not complying with the U.S. filing requirements.

Download U.S. Tax Questionnaire (PDF 71.63 KB)

U.S. Financial Accounts Summary

Use the U.S. Financial Accounts Summary worksheets to record your accounts which are held in Canada.

Download U.S. Financial Accounts Summary workbook in Microsoft Excel format (301 KB)

Download the Non-Registered Investment Accounts worksheet in PDF format. (PDF 52 KB)

Download the Registered Investment Accounts worksheet in PDF format. (PDF 72 KB)

Download the Mutual Funds worksheet in PDF format. (PDF 62 KB)

Download the Tax Free Savings Account worksheet in PDF format. (PDF 61 KB)