If you are in business, thinking about being in business, or have a complex tax situation then you will definitely need an accountant to get you through it successfully. Many avoid finding an accountant thinking their neighbour down the street can do it for them, but if they are not a trained accountant they can be causing more problems than not.
So the first thing we are going to look at is the accountant certified? You want this should you ever have to deal with Revenue Canada or go through an audit you will want your accountant to deal with them on your behalf, much like a lawyer. It is suggested to make sure they have CGA, CA, or CPA designation. Although your accountant doesn’t have to live in your town you will find it easier to use someone fairly local so that you can visit and exchange information throughout the year. Those are the main things to look for in an accountant.
I have my own list that is important to me and you may have a similar list for yourself. This list was just what I decided was important to me over time in my business. I wanted someone young so that they would be in business for a while and someone that will be in business for a long time. The other important item for me was the fact that the accountant of choice used the same software that I used so that reports and other accounting duties can be done seamlessly and online. The third piece was I wanted someone that had their own business. This way I knew they would be a little hungry and and willing to give good customer service. I found those things in my accountant here in Burlington Ontario and I would encourage you to create your own list. Whatever you put on your list, remember the important fact is that you do get someone qualified to do your taxes. I would encourage that even if you are not in business. A good accountant will save you more money than they charge you so you will win on the long run. So what will you look for in your accountant?
About the Author
Bruce Outridge is an entrepreneur and transportation consultant. He is the author of the books Driven to Drive, Running by the Mile, and various tape programs. You can learn more about Bruce and his work by visiting his website at www.outridgeenterprises.ca