Corporate
Taxes
Items to Provide for each Year End
Electronic copy of bookkeeping data, program name and version number, and password where appropriate
(such as Sage backup .CAB, Quickbooks backup .QBB, or Excel spreadsheet)If you keep manual bookkeeping records, we will need either originals or a copy
Bank statements with cancelled cheques and bank reconciliations
Copy of investment sales and purchases (or supply all statements for the year)
Aged receivable listing that balances and reconciliation to General Ledger if different
List of doubtful accounts (can be highlighted on aged receivable listing)
Support for inter-company balances/reconciliations
Inventory listing including date of count and method of valuing (cost or retail - if retail please indicate the markup rate)
Details of property, plant and equipment bought, sold or traded during year (i.e. receipts over $2,500)
Details of any address changes
Bank statements to support bank loan values and/or lines of credit
Accounts payable aged listing that balances and reconciliation to the General Ledger if different, plus a list of any other amounts owing at year-end not included in the accounts payable listing
Remittance forms, from the month after year end, to support year end values for source deductions
Income tax instalment statements and notices of assessments (federal and provincial)
GST and PST returns for the year
Details of any shareholder transactions/drawings
Details of any changes in share ownership
Copies of new leases which began during the year
Copies of significant contracts entered into during the year
First-time corporate clients or newly incorporated businesses: Please provide copies of your minute book, including Incorporation Documents, Register of Directors, Share Registry, and Articles.