April 2014 PADGETT BUSINESS SERVICESŽ Vol. 12, No. 3

FREE 2013

It's that time of year again! We have created the attached 2013 Personal Tax Checklist to assist you in assembling the information necessary to prepare your 2013 Personal Income Tax and Benefit Return (T1 General).

We encourage you to use the 2013 Personal Tax Checklist because it is an effective memory jogger and will facilitate in the processing of your return in an efficient and timely manner.

We will prepare your 2013 Personal Income Tax and Benefit Return (T1 General) from the information provided by you. We will not audit or verify the data you submit, although we may ask for clarification on some of the information.

Your personal tax return for 2013 has to be filed on or before April 30, 2014.

Self-employed persons

If you or your spouse or common-law partner carried on a business in 2013, your return for 2013 has to be filed on or before June 15, 2014. However, if you have a balance owing for 2013, you still have to pay it on or before April 30, 2014.

Thank you for the confidence you have placed in us. We look forward to a continued and mutually beneficial association.

Sincerely,

Karin & Gerald

(403) 452-8183

Padgett Business Services

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Home Office Expense - Self Employment Perk?

In general, every business starts out of someone's home. Even if the business will eventually grow to a multi-million dollar business, it has to start somewhere. The home office is usually one or two rooms in the home that are used for record keeping, storage and meetings. The office typically has a desk, a few chairs, the computers and a closet full of stuff. If the business does meet with clients or suppliers, the home office is where they meet.

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