On 25 Jan 2021, August Abolins said the following...
AA> AA>> If you're just managing the tax filing on your own right
AA> AA>> now, it may be worth getting someone to do the next one
AA> SH> I only do the GST part on my own and this year not even
AA> SH> that. I have a really good accountant who knows all the
AA> SH> regulations.
AA> Unless your accountant is just a bookkeeper, the accountant part
AA> of the process should be able to advise you where you can make
AA> adjustments for improvement.
AA> Look who's talking. My last accountant was a CPA but she did not
AA> offer any practical advise at all. She missed an entire expense category
AA> - that I provided data for - for the last 6 years that
AA> amounted to about $10K. I assumed her work was accurate. I only
AA> found out about her mistake a few months before she announced
AA> that she was retiring. As a result, my reported income was much
AA> higher than it needed to be, and I ended paying unncessary
AA> taxes. I had to borrow to cover it!
I have always done my own taxes. My first wife had a cousin that was an
accountant/book keeper who did most of their families taxes. She was slightly
miffed that I did both my own taxes and those for the business that I was
part owner and sole employee of. So one year I ley her figure my taxrs and I
did as well. She had me owing around $250, plus her fee, I had that I had
overpayed by $1500. So who should do my taxes?
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