What does your account accomplish for $8xx?
 

I am wondering if I am paying the right amount to my accountant for filing my taxes.
I pay close to $800 for him to file tax in Ontario but all that he does is total the numbers that I provide him on excel sheet, look at expense receipts, file the papers.
Something that probably takes no more than 2 hours.
Isn't $8xx a bit too much for it?
What exactly your account does for $xxx
Do you drop off receipts etc every week or month and leave it upto him to sort it out? What else?

are you a corp or is it a personal return?

I get mine done here in Sydney for $150, as a business. $800 is a ripoff if you ask me.

Mind you, if he's very cluey and saves you a bundle, it's worth it :)

It is for a corp.
Cluey....hmmmm that depends on the day of reckoning when one is summoned by revenue canada. Thats when I will really know if he is just shotting it in the air or what. But I don't think one should be paying $8xx for just 2 hours of work particularly when all my income and most of the expenses are out of country so he simply adds them up, classifies them and mails the papers. Zero book keeping, zero involvement till last day of the year.
So how much are you guys paying for corp. returns and what do you get in return?

800 sounds like way to much. 150 should be enough depending on volume and sheer amount of work needed.

Okay anyone else who uses an accountant to do the tax filing for a corporation???

huh
no one?

bump...to the top

about $600 for corporation for me... i rather pay that and have a big company to back me up then paying $150 to some mom and pops shop who probably do it in their basement... but that's just me