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If you are a sole-proprietor, realtor, landlord or commissioned employee this is a good time to start your tax preparation by assembling all your receipts, classifying and adding them up.


Prepare for CRA with your Accountant.

Your accountant will be proud of you and probably give you an idea of what your refund or amount owing for 2016. Having an idea now of what you might owe allows you to plan, do you contribute to your RSPs, are there expenditures you were putting off that would reduce taxes this year, or do you delay revenue until the new year. Your accountant should be able to do a preliminary tax return so you can develop a tax strategy for this year and future years.

A good accountant is an invaluable resource.  MSH Accounting CPA can provide a wealth of knowledge and can help you make sense of your numbers. Contact Mark to get started on the right accounting path.

Related topics Taxes Revenue Canada.