2025 Personal Tax Organizer
Clients of FK LLP,
The 2025 personal tax filing season is now underway. Our 2025 Personal Tax Organizer is available for download here, which has been prepared to support the timely and accurate preparation of your personal income tax returns.
We strongly recommend that you review the cover pages and detailed checklist, which outline recent legislative developments, enhanced reporting requirements, and other matters relevant to the 2025 tax year. Given the increasing complexity of personal tax compliance—particularly where trusts, partnerships, corporations, foreign assets, or cross border income are involved—this review will assist in identifying all relevant information required for your filings.
Please note the Canada Revenue Agency (CRA) T slip issuance deadlines:
- T4, T5, and T5008 slips – Issued no later than February 28, 2026
- T3 and T5013 slips – Issued no later than March 31, 2026
We recommend that you retain and organize all relevant documentation throughout March, and April, including (but not limited to) Canadian and U.S. income slips, investment reporting, trust and partnership information, charitable donation receipts, medical expenses, and childcare expenses.
To facilitate an efficient and coordinated filing process, we encourage you to begin sharing information once you have assembled approximately 90% of your expected tax data. Any outstanding documents may then be provided on a rolling basis as they are received. This approach supports earlier review while ensuring that final filings incorporate all required information, including T3 and T5013 slips that may be issued later in the filing season.
For efficiency, accuracy, and audit readiness, we kindly request that documents be provided in PDF format wherever possible, rather than as photographs or image files (e.g., JPEGs). PDF documents preserve clarity, page order, and completeness, and significantly reduce the risk of missing or unreadable information.
Given the sensitive nature of your financial information, we strongly encourage the use of our secure client portal or a secure shared drive for document transmission. If you do not currently have portal access and would like one established, please contact Elina Hernandez Batista at elinab@fkllp.ca, who will be pleased to assist you.
We value the opportunity to work closely with you and look forward to connecting well in advance of the April 30 filing deadline to ensure that your compliance obligations are met accurately and efficiently.
Yours sincerely,
FK LLP
