You may decide that you would like to try your hand at your personal taxes or that it is better in the hands of your accountant. Either way it is a good idea to refresh yourself with all the changes and tax breaks you have been granted for 2009.
The first thing I can't stress enough is make sure that you have all of your T4s, T4Es, T3s, etc. Revenue Canada will penalize you and charge you interest for with holding income on your T1. This is not something your accountant/bookkeeper would know!
If you are an employee and have expenses, you must ensure that you have your employer fill out the T2200 - Declaration of Conditions of Employment so that you can claim any vehicle or home expenses that your employer has not reimbursed you on.
If you are a sole proprietor or in a partnership that is not incorporated, ensure that you have all the appropriate expenses that you incurred to run the business. This also means the mortgage interest and property tax that you paid; claim only the percentage for your office space.
If you have children in daycare, make sure that you have the daycare receipt for the year. Should the daycare not be a formal company, you are required to have the caregiver's SIN on the receipt. You can also claim day camps and day sports schools your child participated in.
The government also gives Home Renovations Tax Credit for 2009. Make sure you read what is allowed to be deducted and gather up your receipts.
You have a lot of choices as to who you would like to do your taxes and where you would like to get them done. JUST GET YOUR TAXES DONE ON TIME!
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