Get Ready to File

April 30th is not too far away and most of you, if not all of you, should have received your T4s, T3s, T5s and letters for your RRSP contributions for 2009 and the beginning of 2010.

The employer must mail these documents to the employees no later than the last week in February. If you have not received them you should be contacting your employer to let them know you have not received your T4, or any other T you may be expecting.

Do not ever think that you can submit your taxes without all of your papers accounted for. There is a huge penalty if you undersubmit your taxes, even if you have forgotten about one document.

Contacting your previous employer and letting them know that you have changed your address will help you receive your T4's on time. This can be handled as soon as you know you are changing your address. If you find that you move around a lot, tell them you would be happy to pick it up.

Just remember you have until April 30th, to file your personal taxes, to avoid any late penalties. STAY ORGANIZED AND THAT WILL SAVE YOU MONEY!