Important considerations before you choose a tax firm

As a premier tax firm, I thought it would be useful to educate and safe guard the public with the following hints –

  • A client must never be asked to sign a blank tax return
  • Tax is complicated and it would be best to avoid tax firms who claim they can obtain larger refunds than other preparers
  • Always use a reputable tax firm who signs your tax return, gives you a copy for your records and is willing to represent you at Canada Revenue Agency
  • Consider whether the individual or firm will be around to answer questions about the preparation of your tax return months, or even years, after the return has been filed
  • A good tax consultant will make time to explain and understand the complexities of your return to you before you append your signature and the filing of your return
  • The reason why it is always better to approach CA’s, CGA’s CMA’s and CPA’s CGAs or a tax attorney, is because those who wish to offer public accounting services inclusive of taxation must possess specific capabilities, demonstrate competence in relevant areas, and meet defined educational and experience requirements before being granted the privilege of practicing tax or any aspect of public accounting
  • Furthermore, the above referred professionals that are registered to practice public accounting are required to undergo periodic reviews of their practice in accordance with the Public Practice Review Standard set by their Association. This affiliation with a professional organization provides its members with continuing education and resources, and holds them to a code of ethics
  • Never sign up with tax firms or preparers who base their fee on a percentage of the amount of the refund

Many of my clients have come to me with a bad past experience. I hope this will help to choose a tax consultant wisely.

 

 

 

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About ROLAND ALEMAO PROFESSIONAL CORPORATION CERTIFIED GENERAL ACCOUNTANT

In 2012, Roland Alemao made a decision to leave the corporate environment and endeavor on his own by setting up his firm. He has memberships from the Certified General Accountants of Canada and Alberta (CGA) and the Association of Charted Certified Accountants in the United Kingdom (ACCA). He is also a member of the Institute of Internal Auditors in the United States. He has more than 20 years of expertise in Financial Reporting, Accounting and Tax with medium to large multi- national companies in Canada and abroad. He worked extensively in the preparation, reviewing and analysis of year-end financial statements in companies that were engaged in manufacturing, healthcare, hospitality, technology, retail and wholesale, engineering, construction and not for profits. This varied business exposure helps him to understand clients business better enabling him to provide clients with exceptional performance while they focus and achieve their vision and corporate objectives.
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