Tax season is upon us so, please use the checklist as a guide to help us prepare your return.
New for 2010, is the Ontario Children’s Activity Tax Credit which is based on fees (not greater than $500) that relate to extracurricular programs. Please note that the home renovations tax credit has been eliminated.
Once you have completed the checklists and compiled the supporting documents please arrange an appointment. You can call my office at 519-679-8391 and speak with Helen or email her at helen@michaelkingca.ca.
Remember that there are government deadlines and penalties. Your income tax return must be postmarked or received by the Canada Revenue Agency no later than April 30, 2011. If you, or your spouse, are self-employed your return is due June 15th, however, all taxes owing are to be paid by April 30th to avoid incurring penalty and interest charges.
In order for us to assist you to meet this deadline, it is imperative that you get your package to us as soon as possible to allow time for preparation and resolution of any potential problems.
As always, we look forward to working with you.
Sincerely,
Michael A. King, C.A.
To download the 2010 Personal Tax Checklist (PDF format) click here.
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