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BDO Kitchener-Waterloo

Resources around the world. And in Kitchener-Waterloo, too.

Throughout the Kitchener-Waterloo area, businesses rely on the dedication and experience of BDO's professionals. With resources in Southwestern Ontario, across the country, and around the world, our local team offers a comprehensive array of assurance, tax, and advisory services.

Our hands-on, partner-led approach allows us to work closely with small and medium sized businesses and tailor our service offerings to meet their individual needs - no matter what their industry. As active members of local industry groups, we bring a unique depth of experience to clients in manufacturing, real estate, healthcare, professional services, not-for-profit, consumer business, and technology.

Just as BDO is committed to helping our clients, we're also committed to helping our communities. We participate in numerous charitable and volunteer initiatives, including the Heart & Stroke Foundation, Partner for Life, Canadian Blood Services, Food Bank of Waterloo Region, House of Friendship and United Way.

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The cost of hiring an accountant to help with taxes in Canada will depend on your specific situation and the services you need. If you are self-employed or own a business, the fees might be higher than if you simply have a simple tax return. Additionally, fees may vary depending on your province or territory as well as the complexity of your financial situation. It's always wise to shop around for different rates and services offered by different accountants or firms in order to get the best rate for your needs.

The answer to this question depends on a variety of factors. A CPA is a Certified Public Accountant who has passed the CPA exam and completed the required number of hours in practice. CPAs have extensive knowledge about taxes, accounting, and finance that can be beneficial for complex tax situations.

Tax preparers are individuals or firms that are paid to prepare an individual's or business' taxes. They may have formal tax preparation education and experience, but they typically don't need to pass a CPA exam or hold a license. Tax preparers may be able to provide assistance in preparing tax returns, but their knowledge of the law is typically more limited than a CPA.

When making the decision of whether to use a CPA or tax preparer, you should consider the complexity of your taxes and finances. If your situation is complex with multiple sources of income, investments, estates, etc., then it may be beneficial to seek advice from a CPA. However, if your situation is fairly straightforward, then you may be able to get by with using a tax preparer.

A tax accountant can help you save time and money by taking the burden of understanding complex taxation regulations off your hands. They can also offer advice on how best to structure your finances in order to maximize savings and deductions. With their knowledge and expertise, a tax accountant can help you avoid costly penalties and fines for making mistakes or filing incorrectly. Furthermore, a tax accountant can make sure that you are taking advantage of all the deductions and credits available to you.

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