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In order to assist you in claiming all your tax deductions, click on the link below that pertains to you.
Is this the year you should consider incorporation?

Sole Proprietor

Sole Proprietor Tax Checklist:

If you are registered for HST then record the amounts before HST.

If you are not registered for HST then record the amounts with HST.

Item Amount
Revenue:
Sales or Commission Revenue
Operational Expenses:
Purchases
Wages
Subcontractors
Advertising
Meals and Entertainment
Bad Debts
Commercial liability insurance
Large equipment insurance
Bank Charges
Interest
Business taxes, fees, dues/licenses
Office expenses
Supplies
Legal, accounting or bookkeeping fees
Rent
Maintenance and repairs (not motor vehicles)
Property taxes
Travel
Telephone and utilities
Fuel costs (not motor vehicles)
Delivery, freight
Motor Vehicle:
Total kms driven during the year (assumes full year operation)
Total kms driven for business
Fuel and oil
Insurance
Maintenance and repairs
Business Tolls
Business parking fees
License and registration
If purchased the vehicle, supply purchase price details or copy of purchase
If obtained a loan for the vehicle, supply interest paid on the loan for the year
If leased, supply lease details or copy of lease
Home Office:
Square footage of office
Total square footage of entire living space
Heat
Electricity
Water
Property tax
Mortgage interest
Repairs and maintenance
Home insurance