5 deciding features in selecting a professional to prepare your personal and corporate tax returns
Consider these factors when you are looking for a tax professional, please get a professional to help you if your taxes are complicated.
Preparing your Personal and corporate tax returns accurately is key.
1. Education and training
There are different levels of professionals who prepare tax returns. Some are CPAs meaning they are university graduates who have passed the rigorous CPA exams. None designated accountants who have graduated from college or university but have taxation knowledge. Lastly, there are individuals who have some basic training in preparing a tax return or have learnt to use taxation software to prepare returns. More education and training definitely means more competencies.
2. Experience
In any professional fields, experience is extremely important. Generally, a professional with 20 years of experience can help you more in comparison with less experienced professional. In my experience, when I'm asked with a tax question, I can provide the answer right away and don't need to research it, meaning less time spent on clients file. Time is money. Experience is also provides the preparer with a high level view on the preparation of the tax returns, meaning strategies can be built.
3. Complexity of the tax return
Some tax returns are more complex than other. There may be interest income, stock trades, rental properties, foreign income, disabilities, tax splitting, employment expenses, Use of home, use of auto, or self-employments, ensure to ask about a tax professional’s experience and knowledge related to your particular tax situation to ensure they will be able to handle your return. We prepare all the above and also prepare corporate taxes (T2) and SRED (scientific Research and Experimental tax return) and also trust returns (T3).
4. Relationship
Trust and relationship makes a big difference. Find a CPA to prepare your taxes and try to stay with them during the year and especially if you are self-employed so you can keep asking then on an ongoing basis. Most of our client’s text, email, phone us with questions concerning their business activities. Establishing that relationship with a CPA can help make the process easier year after year. Read the testimonials on our website (www.TBCO.ca and www.Numetrica.city) and judge for yourself. We have cemented a strong relationship with our clients in Ottawa and pride ourselves as one of the best tax preparation service provider in Ottawa.
5. Fees
There is a big cost difference between hiring a tax preparer. Also remember that is there are mistakes you are paying the interest and penalties and not them. Additionally more experienced professional can also save you more in taxes. Remember you are paying for the quality.
Definitely put us to test for the features mentioned above and see how we stack up when it comes to tax preparation services in Ottawa. In fact, mention this article and we review your prior year tax return totally on the house to see if something was missed or overlooked.
Preparing your personal tax returns should be done right, not cheap.
Want some tax tips? Read this.
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About the author
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I highly recommend Moe Tabesh. His service is phenomenal, to say the least. His tax knowledge is extensive and he’s been able to save me a substantial amount of money by following his recommendations. In addition, he is warm, kind, understanding, positive, and flexible, which are qualities I find rare in most accountants I’ve worked with. You’re in good hands with Moe, I can’t recommend him enough.
Samantha Biron
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Moe and everyone at Numetrica have been incredible at helping with my new corporation and corporate and personal tax returns and my other small business. Their accounting skills are out of this world and the technology they use makes everything so simple and fast. The time you will save will be worth every penny. Thanks again Moe for all your help!
Jeremy Prudhomme
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Mr Tabesh (Captain Number Cruncher) and his perfect team are not only professional in their fields, they are extremely passionate about their clients! Numetrica City continues to support us with corporate and personal tax returns, bookkeeping (thank you so much Sherry ) and We are so happy and appreciative for you and your responsible team, Moe!!!
I really recommend these guys to everybody.Farshid Dehnavi
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I did my first Corporate tax return and cloud accounting with Numetrica City and I am very satisfied with the work they did. The team was very responsive and answered all my questions. I 1000% recommend their services.
Keddy Declan
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I would highly recommend Numetrica City-Accountants, Tax and Bookkeepers. Exceptional customer service. I am assured that all my company tax services and payroll are taken care of because of the great team that Moe has. I like the fact that I do not have to worry about driving to a physical location for my accounting services, my company's accounting tax preparations are done online due to the excellent cloud service Numetrica City has. Definitely score a10/10. Thank you for all the good work that you guys do. Greatly appreciated!
Sibeso Kehinde
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Trust in the superhero accountants of Numetrica to keep your numbers in order and for expert advice on growing your business. Numetrica specializes in providing clients with in-depth accounting and bookkeeping services in Canada and the United States as well as financial advice to assist you in making the right decisions for your business.
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