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BDO Guelph

Local resources in Guelph, backed by a global network of expertise.

BDO serves a wide variety of organizations across several industry sectors in Guelph. With our wealth of experience in accounting, tax, and advisory services, we help local businesses understand the opportunities – and risks – of operating in today’s economy.

Our partner-led practice is built to provide services tailored to each client’s individual needs, drawing on BDO resources here in Guelph, across Ontario, and beyond. 

As dedicated members of the community, our professionals volunteer in a variety of ways to support charities, not-for-profits, and professional institutions.

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Finding a local tax accountant can be a daunting task. There are several things to consider when looking for an accountant: their qualifications, experience, fees, and reputation.

First, you'll want to make sure your prospective tax professional is qualified and experienced in the specific type of taxes that you need help with. You may also want to look into their certifications, such as CPA or EA (Enrolled Agent).

Second, ask about their fees upfront so there are no surprises later on. Most reputable tax professionals will provide detailed information about their rates and billing practices.

Third, it pays to do some research online and read reviews from former clients before making a selection. This is especially important if you're looking for a tax professional to help with complex issues such as business taxes, estate planning, investments, or international taxes.

Finally, consider asking friends and family members who they've used in the past and whether they'd recommend them. Word-of-mouth recommendations can be invaluable when it comes to choosing someone you can trust with your financial matters.

Once you've narrowed down your list of candidates, schedule an introductory meeting to make sure it's a good fit before making any commitments. The right accountant should provide personalized service that meets your needs and helps you maximize your tax savings.

Word of mouth is often the most reliable way to find a good accountant as it gives you first-hand experience and feedback from others. Ask your friends, family and colleagues for recommendations if possible. You can also search online for accountants in your area or use directories such as the local chamber of commerce or professional associations to narrow down your search. Don't forget to check out customer reviews and ratings before you make a decision. Lastly, it is important to meet with any accountant you are considering to discuss your needs and their services. This will help ensure that you find the right fit for your business. With some research, you should be able to easily locate an accountant in your area.

The time it takes for an accountant to do a tax return depends on several factors, such as the complexity of the taxpayer's financial situation and the amount of information they have provided. Generally speaking, it can take anywhere from 1-3 weeks for an accountant to complete a tax return. However, if there are any special circumstances or additional documentation needed, the time frame could be extended. Since every taxpayer is different and each situation is unique, it is best to consult with your accountant directly to get an accurate estimate of how long it will take. Additionally, if the filing deadline is quickly approaching, the process may have to be expedited in order to meet all requirements.

Generally, the price is based on the services you need from the accountant. For example, if your small business needs annual tax preparation and filing services, then you may pay less than if you needed monthly bookkeeping or payroll services.

The cost of an accountant in Ontario depends on the complexity of your accounting needs and the type of services you require. Generally, there is an hourly cost for bookkeeping services for a small business but a monthly rate for ongoing monthly bookkeeping. Similarly, tax preparation services or business advice would also have an hourly rate.

The cost of filing taxes will vary depending on the complexity of the situation. For basic tax filings, there are often free online services or software options available to help you file your taxes at low or no cost. If you have estate or trust income, investments and rental property, for example, this may require a more complex filing that usually requires professional help. In this case, a CPA or tax preparer may charge an hourly rate or a flat fee for their service. Having someone file your taxes is a good option if you want the assurance that it's being done correctly and want the convenience of having someone else manage the process for you.

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