Most Important

  • While preparing for your meeting at Artbooks, consume something that brings you joy.
  • Listen to some music or a podcast.

When preparing your digital files to upload please ensure the filename includes:

YOUR FULL NAME
THE TYPE OF DOCUMENT (T4, T5, DONATION ETC)

Please note that we DO NOT need you to send in the following items:

MEDICAL EXPENSES/RECEIPTS
Utility bills
Property tax bills
Your sales invoices (income)
Cheque stubs
Business receipts (including subscriptions and purchases)
Bank statements
Record of Employment
TFSA information
Travel receipts (please use our Travel Grid)
Insurance bills
Most brokerage statements
Mortgage interest statements
Property tax statements

Thank you!

Please click on the following items that apply to you:

  • All T4 slips (if you had a ‘job’ job we can’t do a thing without these)
  • T4A slips (all of ’em)
  • T4E (unemployment)/T4RSP (RRSP cashed)
  • T3/T5 slips (interest & dividends)

Your preparer has to see/verify your receipts if you are claiming a deduction for the following items: (Please bring)

  • Union dues
  • Charitable donations
  • Political Donations

Some other things you may need:

  • Your assessment of last year’s taxes from CRA (the government)
  • RRSP slips (only the official tax slips, from March-Dec and Jan-Feb)
  • A copy of last year’s return if we did not prepare it
  • Your rent or property taxes – address(es), landlord(s), amount(s)
  • ACTORS: please send your annual agent statements if possible

Please download and fill in Artbooks’ Medical Expense Sheet if you have medical receipts. We do not need to see your medical receipts.

When claiming your 2020 medical expenses you may use any 365 time period that ends in 2020, i.e. January 2, 2019 to January 1, 2020. Therefore choose the 365 day period during which you spent the most on medical bills.

If you’re unsure whether a medical expense can be included for tax purposes, here’s a list of eligible expenses from Canada Revenue (add link: http://www.cra-­‐arc.gc.ca/tx/ ndvdls/tpcs/ncm-­‐tx/rtrn/cmpltng/ddctns/lns300-­‐350/330/llwbl-­‐eng.html)

Please download and fill in Artbooks’ Childcare Expense Sheet.

If you have business or professional income, we need you to bring:

  • A complete revenue listing
  • A complete breakdown of expenses using the SAME categories that you used last year*
  • Don’t forget that meals are only 50% deductible so don’t lump them in with anything like promotion or other types of travel expenses.
  • Interest expenses – on your mortgage or on business loans. (Note: this is not the mortgage or loan payment which includes some portion of the principal)
  • Any reimbursements for your expenses

PLEASE NOTE: If you are adding up a receipt for your expense summary, we do not need to see the receipt itself. 

*You will find these categories on your Income Statement/Profit & Loss Statement. If you are a returning client, this is the first document in the PDF of your last year’s tax return that we sent you. To save yourself and your tax preparer time, please follow these categories when putting your expenses together. Please feel free, however, to add or retire categories. If you’re new to Artbooks, our Profit and Loss Statement may be of help.

  • A statement of Capital Gains & Losses (you can ask your broker to do this for you.)
  • Your T3’s, T5’s, T5008s and T5013s
  • Rental Property totals including rent collected, mortgage interest (NOT mortgage payments), heat, light, water, property taxes, insurance, advertising, repairs & maintenance, capital purchases and any expenses you pay on behalf of your tenants.

  • Your spouse’s (other supporting person’s) net and taxable income amounts
  • A knowledge of whether your spouse (other supporting person) has claimed the federal tax credit, the GST credit, the Ontario tax credit, the RC62, the dependents, the home office and anything else you may share.
  • If you’re new to Artbooks, we will need your partner’s SIN and birthday
  • Bring the birth date of each child
  • Decide who’s claiming the Equivalent to Married deduction (if any)
  • Decide who’s claiming any Tuition Expense

Other things you may need:

  • Your separation agreement, child support payments, alimony
  • Moving expense receipts
  • Form T2200 if you are claiming employment expenses
  • Proof of installment payments
  • Financial Statements from other businesses or partnerships owned by you