Help - Worksheet for expenses and Ottawa accountant ???

[playfelt]

I do a lot of my stuff on the percentage basis such as cleaning supplies - kids are in house a certain number of hours per week. I do hours because i also have to do an entirely separate tax package for my felt busines and then add the two totals together to get the number to put on page one of the personal tax package and then go from there. It is the prework that always takes way too much time and although I vow to be more organized the next year it is usually only marginally so.

We used to have to separate everything and make up our own summary sheet to submit with our taxes. This was many moons ago... Now there is a standard form in the business tax package to fill out. Go onine and print it out and once you start filling it in taxes aren't as bad as it sounds - if you can add up the 12 gas bills and put the total on the line for gas that is all you have to do. There is a formula to find out the percent of those totals you can claim.

[playfelt]

Actually good advice I just thought of if you are in Ottawa - attend one of the tax workshops that CCPRN is offering - usually in Feb-March. It will explain a lot of the process and there is someone from revenue canada there to answer questions - ie get as much done as you can now on your own as far as sorting goes and then go to the workshop.

Also on the CCPRN homepage on the left hand side I think it is there is a link to the start up kit. In that kit will be some tax information about the kind of receipts to save. That might have an actual worksheet in it.