Do I need an Accountant?
If you are running a business or providing professional services, then yes,
you need an accountant to prepare your financial statements and file your personal
or corporate income tax return(s) and to provide much needed tax planning and advice.
Ultimately, it is your decision, however an accountant can provide tax planning
expertise and business advice based on real-world experience and backed with
extensive education. I am bound by laws and ethics to provide you with the best,
unbiased advice I can.
What is a CPA, CMA?
Chartered Professional Accountant, Certified Management Accountant is an individual
professionally competent in accounting who has met the examination, education and
experience requirements of the Society of Management Accountants and the Institute
of Chartered Professional Accountants of Ontario.
Aren't accountants expensive, can I afford it?
I am, however most engagements are simple and can be provided at set rates, so you know
the price up front. Preparation of personal income tax returns, for example, start at $150.
Also, think of how much it may cost if you are audited by the CRA and do not have the time
nor expertise to deal with them.
What is a bookkeeper and what do they do?
A bookkeeper is the person that performs all manner of record-keeping tasks for your company.
They enter most of the day by day transactions and are responsible for month end financial
statements and some year-end preparation.
Why do I need a bookkeeper?
A bookkeeper keeps your records up to date for GST/PST/HST purposes, helps track accounts
receivable and accounts payable and keeps banking information up to date. If you don't,
you could face fines and penalties from CRA and losses from poor planning.
Do you offer audit protection?
Yes! I offer audit protection on a monthly or annual fee. Refer to our
taxation services
for more information.
