Hi all! I’m a pretty new firm and am working on getting some customizations in place to streamline tax prep and filing - Curious to know what others include in the print sets they send to their clients for their clients to review and sign all required documents for an Alberta T2 before filing.
Do you send the full client copy before filing, or do you send a shorter version for review?
Here are the documents I have in my T2 Client Review print set so far:
T183Corp
AT4930 Alberta Consent Form
S100
S125
T2Return
T2Summary
5YearShort
I’m also open to any other custom print sets that you have found useful!
I will just send the T183 and T2summary, nothing else, since the financials must already have been discussed with the client. (even if they are prepared by their bookkeeper, theyre aware of it.)
Interest & late filing penalty worksheet (if applicable)
Instalments worksheet (if applicable)
Corporate information (the “Info” page in TaxCycle - so they can verify addresses on file with CRA, etc)
Dividends Paid worksheet
S8 Asset Manager (shows history of all additions)
a few other worksheets when they are applicable - documents that are useful for continuity if they decide to switch accountants, but are not really part of the T2 and official schedules
Along with that, we include:
Draft financials (if they hired us to prepare them)
Cover letter with details regarding any relevant issues (dividends to be reported, bookkeeping errors we corrected, etc)
Management representation letter
After the client reviews our work and confirms it is ok, we send them documents that require signing (via electronic signing unless they come see us in person):
T183
T5Summary
Management representation letter
After they sign the required documents and pay our bill, we give them everything else:
Full T2 - with all relevant schedules and forms, excluding worksheets which were already provided in the initial “summary” document
T5 slips (recipient copies)
Final copy of financials statements (if applicable)
