Friday 8 May 2020

Tax Agents and the best Choices now

First reflex, search for the word "accountant" on Google. Then choose one that is easily accessible and offers the services you are looking for. You can also take the references of your entourage in case of doubt. As an entrepreneur, an accountant specializing in business and taxation is essential. Several other factors are to be considered in obtaining the ideal accountant for you. With Chartered Accountant Watson you can have the best choice.


The professionalism of the accountant

The professionalism of an accountant affects several spheres of activity. The training of the latter is a good example. You must verify the extent of his basic knowledge. An accountant graduated from a professional center may be suitable if one wishes to have a simple bookkeeping done. On the other hand, a university-level accountant will be more specialized if you are running a business and wish to take advantage of targeted tax solutions.

  • Specifically for tax specialists, check if he holds a graduate degree from a recognized university (master's degree in taxation). Of course, a specialty in business is not to be neglected either with the ultimate aim of directing you to different subsidy and financing programs.
  • Then, in order to protect yourself and receive the best advice possible, your accountant should be part of a professional order, such as the Order of Chartered Professional Accountants of Quebec. Belonging to this order certifies that your accountant is undergoing continuous training (therefore, is on the lookout for the latest changes to the law) and you will have the possibility of appeal following a professional misconduct on his part.

Knowledge and use of different accounting software would also be appreciable in the exercise of its function for corporate income tax returns. This simple and efficient software provides access to an automatic update of all legislative changes. With this software, you can enjoy electronic transmission of your data and access your previous returns, which speeds up the process and saves you time and money.

His accounting experience

As the saying goes, "Experience is the best teacher. »An experienced accountant will be able to answer your most pointed questions in terms of tax return and tax strategies for your business.

The experienced accountant will probably have a large network of contacts including various professionals such as financial planners, bankers, lawyers, tax specialists, etc. who will complete and enhance their knowledge. Your accountant doesn't have to know everything at your fingertips, but he must be able to direct you to the right people to answer your questions.

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