FAQ - Why Sould My Accountant Prepare My Personal Taxes?

If my accountant does my corporate income taxes should they also prepare my personal income taxes? It's very simple and I can do it myself.

Yes, your accountant should prepare both your personal and corporate income tax return. It gives them the opportunity to view your total income tax situation.

This allows them to create more holistic and complete tax strategies to save you more money over the entire life of your business and into your retirement.

Why should business owners leave their personal taxes to the experts?

What are some benefits of not doing my own personal income taxes as a small business owner?

Small business owners who do their own personal income taxes run the risk of making mistakes, missing out on deductions, and potentially being audited by CRA (Canada Revenue Agency). By hiring a professional tax preparer, you can:

  • avoid these risks and have peace of mind that your taxes are being done correctly
  • benefit from holistic strategies that can optimize the interrelationship of your corporation with personal income taxes
  • ensure you take advantage of family income splitting opportunities

Learn more details about the advantages of having your accountant prepare your personal taxes.

Why not avoid the stress and guesswork of tax season?
Let Zenally help you keep more money in your pocket.

Find out more about our Personal Tax Preparation Services for Business Owners

ZENALLY

Chartered Professional Accountants LLP

Send Us a Message

Payments

Please send eTransfers to
etransfer@zenally.cpa

Red Deer

(403) 343-2723

reddeer@zenally.cpa

516 Laura Avenue
Gasoline Alley
Red Deer County, AB
T4E 0A5

Map Link IconMap Link

Innisfail

(403) 227-4590

innisfail@zenally.cpa

5031  49 Street
Innisfail, AB
T4G 1A4

Map Link IconMap Link

All personal customer and business information submitted through this website will be held confidential. Privacy Policy

ZENALLY
Chartered Professional Accountants LLP
Copyright 2024 All Rights Reserved

DISCLAIMER: Any accounting, business, or tax advice contained on this website is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion.

If you are interested in talking more about any topic on our website or specifically how the information would likely impact you, we'd be happy to chat.