Business Income Tax Return
Check List

This checklist is for:

SIN or Business Number-

Print this checklist and use it help gather all the papers that are needed to properly fill out your Business Tax Return

Bank Information (business account)

	Cheque stubs
	Bank statements (for 12 months plus the next month eg. Y/E Dec, bring January statement)
	Deposit book

Receipts *

	Cash receipts (anything you paid with cash out of your pocket)
	List of equipment & vehicles used in your business including: purchase price, date of purchase.price you sold it for, if it was sold last year
	All invoices or bills paid
	All automobile expenses:

	gas & oil		insurance
	parking		car washes
	repairs		407 ETR bills

Lease Agreements for:

	Rental equipment
	Premises
	Vehicles

Other Information:

	Previous year's financial statements and tax returns (if you came to I B R C C last year, these items are not necessary. We have them on file.)
	HST/ EHT/ WS&IB returns

If you work out of your home, bring:

	Utility bills
	Rent or mortgage papers (payment + interest paid), insurance
	Telephone bills
	Property taxes
	Bills for maintenance and repairs

If your company is incorporated, bring:

Articles of incorporation and minute book.

Rental Properties

	Full addresses of rental properties
	Number of tenants (units rented) for commercial properties
	Residential - % of home rented ( area of rented space in square feet divided by total area in square feet)
	Utility bills
	Repairs & maintenance bills
	Property taxes paid, insurance
	Advertising expenses
	If property is jointly owned state % of ownership of the property - name, SIN of partner, if their taxes are done by another tax preparer.