Guide
August 1, 2025
Loveneesh
Year-End Tax Prep — 7 Steps to Get Your Books in Order Before Filing
Introduction
Year-end tax preparation doesn’t have to be stressful. With a little planning, you can avoid last-minute chaos and costly mistakes.
7 Steps:
Reconcile all bank and credit card accounts.
Organize receipts and invoices.
Review accounts receivable/payable.
Record asset purchases and disposals.
Check payroll and T4 slips.
Review GST/HST filings.
Meet with your accountant before year-end.
Introduction
Year-end tax preparation doesn’t have to be stressful. With a little planning, you can avoid last-minute chaos and costly mistakes.
7 Steps:
Reconcile all bank and credit card accounts.
Organize receipts and invoices.
Review accounts receivable/payable.
Record asset purchases and disposals.
Check payroll and T4 slips.
Review GST/HST filings.
Meet with your accountant before year-end.
