With increased access to tax software and information, more Canadians are opting to prepare their own or their family’s personal tax returns. If you’re one of those individuals it’s important to update your knowledge of any annual changes in order to carry out the process correctly, as well, learn what opportunities may exist with each return’s unique set of circumstances.
Here is a brief checklist of questions to ask yourself before preparing a tax return this season:
How Talbot & Associates, Chartered Professional Accountants & Consulting Services can assist
Talbot & Associates has been serving clients for over 25 years with personal and business accounting services and professional consultation.
For those who’d like to learn the ins and outs of preparing a personal tax return, T&A is hosting its annual Personal Tax Preparation Workshop this Jan/Feb (6 classes Tues/Thurs Jan 23 – Feb 8) at the T&A Training Centre at 3553 Pembina Highway.
Participants will learn many tips on tax planning and how to prepare simple tax return or more complex ones with a business, rental or farm schedule.
Learn more here