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					                                                                                                                                       Your name: _____________________________




SELF-EMPLOYED INCOME AND EXPENSES
(INCLUDING CONTRACTORS)
  DISCLAIMER: This schedule has been prepared for personal tax clients of Johnsen Archer LLP to assist in gathering their tax information. This schedule does not, nor is it
  intended to cover all tax legislation under the Income Tax Act (Canada) related to business or professional income or expense s and should not be relied upon as a substitute
  for personalized professional advice.




Name of your business

INCOME:
Sales, commissions, fees
(before GST)

Other income

Other income



EXPENSES: (include business portion only)
note: motor vehicle and home office expenses should be entered in the next section (see over)

Advertising
Costs to advertise the business

Meals and entertainment
Incurred to entertain clients or for other business purposes

Bad debts
Where work was performed and included in revenues but will not be collected

Insurance
Insurance on office, warehouse etc. Do not include auto insurance.

Interest
Interest on loans taken out to finance the business

Business taxes, dues, licenses etc.
Include professional dues, business licenses, membership in associations

Office expenses and supplies
Include miscellaneous office expenses used in your business, such as desk fees,
courier, postage, other disbursements, stationary, etc.

Legal and accounting fees
Include any legal or accounting fees related to the business (ie bookkeeping)

Management and administration fees
Include any fees paid to another party for services provided

Rent
Include amounts paid for an office. Do not include home office here.

Maintenance and repairs
Include any expenses incurred to repair assets of the business

Travel
Include expenses incurred for business travel.

Utilities
Include any utilities paid for the business (ie telephone, internet)



Other expenses: (List)




CAPITAL EXPENDITURES

List capital items purchased for the business property this year. These would be purchases over
$500 that will be used for longer than 1 year. For example: computer, office furniture

Description:




                                                                                                                                                                   …over
                                                                                                             Your name: _____________________________




MOTOR VEHICLE EXPENSES
If you have purchased or leased a vehicle during the year, please provide us with a copy of the sale invoice or lease agreement.
If more than one vehicle was used in your business during the year, please prepare a separate schedule below for each vehicle.



# km's driven for business purposes
total km's driven in the year

Date of acquisition (if this year)
Date of disposition (if this year)

Fuel and oil
Maintenance and repairs
Insurance
Lease costs
Parking
Interest on auto loan

HOME OFFICE EXPENSES:
Total house sq ft
Home office sq ft

Heat
Electricity
Home insurance
Maintenance
Mortgage interest
Property tax
Rent

				
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