Jupiter Bookkeeping Services Ltd.

02/06/2022

2021 online tax filing starts February 22, 2022.

Save time and frustration by getting organized.

Gather and sort basic/key tax documents:
* income Tax Slips- T4s, T5s, T3s

* tax deductions:
- rrsp, registered pension plan, split pension, annual union/
professional dues, child care expenses, moving expenses to
work, run a bizness, study full time, northern deductions

* non-refundable tax credits:
- personal, age and spousal amounts
- education, tuition and textbooks credits
- medical expenses
- disability amount
- political contributions
- charitable donations

* notice of assessment - 2020

Update personal changes in 2021:
* residency
* status changed
* additional dependants
* citizenship
* foreign property owned >100K
* sold home

Self-employed:
* income tax slips T4A, T5018
* other Income records from self-employment

Claming motor vehicle expenses:
* Make, Model, Year, Date Acquired, Kms driven in 2021
- fuel, maintenance and repairs, insurance, license/registration
interest on loan

Claiming business use of home expenses:
* area of home used for business
* total area of home
- heat, electricity, insurance, maintenance, mortgate interest,
property taxes, rental

Let's get ready!!!

01/25/2022

2021 Personal Income Tax updates...

Steps to get ready for your taxes, find ways you can do your taxes, filing and payment due dates and the documents you need to complete and file your income tax and benefit return.

12/19/2021

2020 tax-filing season.....

This year, the COVID-19 pandemic may have affected your tax-filing situation and may also affect the way you usually file your income tax and benefit return.

12/17/2021

Tax Changes employees, seniors, students and more......

There were very few broad-based tax changes in the federal government’s fall economic statement released on Tuesday, but there were a number of personal tax measures that may be of interest to various readers. Here’s a quick look at some of them. For employees Many of us will continue working fr...

11/22/2021

CRA arrange payment information...

Set up a payment arrangement with the CRA and calculate an amount you can afford to pay in several payments over a period of time.

11/10/2021

CRA's "how to avoid future debt" from unexpected notice.

Dealing with an unexpected CRA debt? 😟 The first time may seem confusing, but we have lots of services to help you manage your responsibilities, and teach you how to avoid future debt.

Check out our resources here: http://ow.ly/JfyV50GHge2

09/25/2021

Electronic signatures..... hoping it will stay forever awaiting further notice from the CRA. Most probably next year will still be accepted as covid cases are still around.

09/17/2021

For your information, CRA program update.....

09/02/2021

Tuition Fees- carry forward, transfer, or claim?

To transfer or to carry forward? That is the question after you’ve claimed your current year’s federal tuition fees.

Learn how you might benefit from this tax credit: http://ow.ly/OxeQ50FZxb8

09/02/2021

Medical Expenses

09/02/2021

2021 Federal/BC Tax Rates

09/01/2021

Gifts and Donations