Shaelene’s Tax Tip of the Week – April 24th

Books In Line

Did you know?

Have you made any mistakes on any of your tax returns? Fear not! Amending these mistakes does not increase your chance of being audited, nor does it mean you have done something illegal. You can always fix these honest mistakes and the CRA would rather you do it instead of having to spend the time figuring it out. Have questions?

Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Shaelene’s Tax Tip of the Week – April 17th

Books In Line

Did you know?

If you’re self-employed and use your car to earn business income, you may be able to claim vehicle related expenses like gas, insurance, licensing and registration fees, maintenance and repairs, leasing costs and interest on money borrowed to purchase a car.

If the car is also your personal vehicle, you may only write off the portion used for business purposes. To calculate this, you must keep a logbook detailing all your business trips, including  the mileage, date and purpose of the trip. Make sure to document all other expenses and keep receipts organized in one place so you’re prepared if you get audited.

Have questions?

Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

Tax tip found here.

Shaelene’s Tax Tip of the Week – April 10th

Books In Line

Did you know?

You should keep your tax return documents, even after you file! “The more organized you can be with receipts and other documentation relating to your return, the better off you’ll be if you are selected for an audit. Be prepared to produce them quickly when CRA asks to see them, and keep in mind that members of your family may be asked to offer up their own documentations as well.”

Take a peek at the special announcement below regarding our👇Audit Support Services!👇

Have questions?

Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

 


Special Announcement 👏

As tax season is currently underway, it’s essential to ensure you’re fully prepared in case the Canada Revenue Agency (CRA) comes knocking. At Books In Line, we’re offering you an opportunity to secure our Audit Support Services at a discounted rate.

We provide audit support services for personal returns, sole pro business return, and income property return. HST audit is not included as it is more detailed and requires more interaction with the CRA on a regular basis.

What Our Audit Support Services Offer:
✅ We’ll handle one phone call to the CRA to confirm the items required from the Request for Information Notice you received.
✅ We’ll upload all necessary items to your account for the CRA’s review.
✅ Receive a confirmation number confirming that the requested items have been received by the CRA.

Important Details:
📌 Timely Response: If contacted by the CRA or upon receiving a letter regarding your filed return, you must provide us with the necessary information within 48 hours.
📌 Compliance: We ensure compliance with CRA deadlines by promptly responding to their requests and coordinating with you for required information.
📌 Terms and Conditions: Please note that while we facilitate the process, the outcome of the audit is beyond our control. Your agreement to these terms is necessary to proceed.
📌 Additional Charges: Should there be any extra work required beyond the standard service, we’ll inform you of any additional charges before proceeding.

How to Secure Your Audit Support Service:
To take advantage of this limited-time offer, simply reach out to our office at 905-571-2665 or email [email protected] to confirm the Audit Support Service you’d like to purchase.

Don’t leave your audit support to chance – act now to protect your financial interests and gain peace of mind with Books In Line’s expert Audit Support Services!