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Ferra · 02-09-2017, 09:16 PM

actually...you can just go buy a copy of turbotax incorporated ($200)

they are kinda designed for 16 years old..
The filing should be very simple if you only have 20 invoices.

You still need a financial statement..so you need bookkeeping record and some very basic accounting knowledge. (i've seen some guys put in number that doesn't add up lol...eg: asset =/= liability + equity)

Good thing these programs will tell you if your numbers doesn't add up.

Even tho your file might be very very simple, and might only take an accountant 1 hour to do. He doesn't know that ...he will have to ask you a bunch of questions first...a lot of back and forth since he has zero knowledge about your corporation.
Some cheap guy off kijiji might just make a bunch of assumption and file your taxes to CRA with a tons of errors and redflags.

A lot of reputable accountant simply doesn't want to take on "another client" which only gives him $1000 business per year.
Once you are his clients, there are certain professional responsibilities he has make for you.
And you will probably call him when you get audited.

02-09-2017, 09:16 PM	#10
Ferra I don't like cheese but I love milk! Join Date: Nov 2002 Location: Van Posts: 1,980 Thanked 895 Times in 243 Posts Failed 105 Times in 49 Posts	actually...you can just go buy a copy of turbotax incorporated ($200) they are kinda designed for 16 years old.. The filing should be very simple if you only have 20 invoices. You still need a financial statement..so you need bookkeeping record and some very basic accounting knowledge. (i've seen some guys put in number that doesn't add up lol...eg: asset =/= liability + equity) Good thing these programs will tell you if your numbers doesn't add up. Even tho your file might be very very simple, and might only take an accountant 1 hour to do. He doesn't know that ...he will have to ask you a bunch of questions first...a lot of back and forth since he has zero knowledge about your corporation. Some cheap guy off kijiji might just make a bunch of assumption and file your taxes to CRA with a tons of errors and redflags. A lot of reputable accountant simply doesn't want to take on "another client" which only gives him $1000 business per year. Once you are his clients, there are certain professional responsibilities he has make for you. And you will probably call him when you get audited.