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Business Tax Checklist

This checklist provides the require information for completing your personal (non-corporate) taxes. The document to follow can be found here.

Expenses

  • Inventory Purchases

  • Advertising

  • Bad debts

  • Fees, licenses, dues, memberships

  • Delivery, freight, and express

  • Fuel costs (except for motor vehicles)

  • Insurance

  • Interest

  • Maintenance and repairs

  • Management and administrative fees

  • Meals & entertainment

  • Office expenses

  • Supplies

  • Legal, accounting and professional fees

  • Property taxes

  • Rent

  • Salaries, wages, and benefits

  • Travel

  • Telephone and utilities

Business Use-of-Home

Heat

Electricity

Insurance

Maintenance

Mortgage interest

Property taxes

Water

Internet

Motor Vehicle Expense

Total KMs Driven for Business

Total KMs Driven for the Year

Fuel and oil

Insurance

License and registration fees

Maintenance and repairs

Business Parking Fees

Supplementary Business Insurance

Other motor expenses : 407

Equipment

  • Any new equipment purchases for the business

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