Year-End Tax Checklist for Ontario Wellness Clinics

Financial Records

Reconcile all bank accounts through year-end Reconcile all credit card statements Review and categorize all Jane App / Cliniko transactions Confirm all patient payments are recorded Reconcile any outstanding insurance receivables Record all cash payments received

Tax Preparation

Gather all receipts for business expenses Calculate total HST collected and paid (if registered) Review vehicle logbook for business mileage Compile home office expenses (if applicable) List all professional development and CE costs Document professional association and licensing fees paid Review equipment and supply purchases for CCA claims

Payroll & Associates

Verify all T4s are accurate for employees Prepare T4A slips for independent contractor associates Confirm CPP and EI remittances are up to date Review associate compensation agreements Calculate total payroll expenses for the year

Compliance & Filing

Confirm professional college registration is current Review business insurance coverage and expiry dates Check WSIB coverage status (if applicable) Verify HST filing deadlines for next year Confirm corporate annual return is filed (if incorporated) Review and update your business plan for next year