Do You Need An Accountant?

Individuals: YES/NO

1. I have more than 7 tax slips (T4, T5, T3, RRSP etc.)

2. I have commission income.

3. I am self-employed.

4. I am able to deduct expenses relating to my employment income.

5. I invest in stocks, bonds and other securities outside my RRSP.

6. I have rental income.

7. I have sold a vacation property this year.

8. I have moved during the year to be closer to my work/studies.

If you answered yes to any of the above, then a professional accountant will probably be able save you income taxes.

Businesses: YES/NO

1. My reporting system is weak.

2. I want to transfer my business to a family member.

3. I want to eventually retire.

4. I want my business to be more profitable.

5. I require a business plan.

6. I need to review my business operations.

7. My business is not meeting my lifestyle requirements.

8. I work more than 40 hours a week in my business.

9. I have not taken a vacation of two consecutive weeks in the past three years.

If you answered yes to any of the above, then a professional accountant may be able to assist you.