Personal Services FAQsFady Guirguis
Personal Services FAQs
Frequently Asked Questions
- How much do you charge for personal tax preparation?
- When do I need financial planning?
- How are you paid for your financial planning services?
- I have questions about providing for my family and business after my death. Can you help?
How much do you charge for personal tax preparation?
A simple tax return with three or less T slips (ie, T3, T4, T5) can cost around $100 for a single return or $175 for a couple. If the return is more complex, the fees will depend upon the time needed to prepare and review your return.
We find that the average tax client will spend $100 per tax return, while an average Home Office/Small Business will spend $750 to $1000 per year.
We can provide an estimate before you engage us, if you have a more complicated return. Our service providers need you to provide your information, will review your information, ask you a few questions and provide an estimated price which will include e-filing your return. You will be under no obligation to use our services. A senior accountant will review your return to ensure you receive all possible tax savings.
When do I need financial planning?
You may be dreaming of retiring early, traveling around the world, sending your children to private schools, owning a cottage or boat, or any number of other important dreams you may have. But how do you change dreams into reality? We can help you with the journey.
We start with your dreams and help you implement them. During your lifetime, there may be checkpoints when financial planning becomes more critical for you, such as starting your career, a marriage, raising a family, a sudden change in your career path, planning for retirement or when sickness or a death occurs. Our financial planning services can help you make important decisions at times when you need sound professional advice.
How are you paid for your financial planning services?
Our financial planning services are independent from any offering of financial products or services. We are not paid by a financial institution. Since we sell no financial products, we can, therefore, offer you independent advice. Our fees can be an hourly rate or a flat rate depending upon the services required.
I have questions about providing for my family and business after my death. Can you help?
Yes, we can. We have Certified Financial Planners on our team to assist you in these important and sensitive areas.
Many people have questions such as:
How do I go about getting a will?
What is a power of attorney?
How do I pick an executor?
What is probate?
Should I buy a will kit or go to a lawyer?
We want our clients to have enough information to make educated decisions. Your financial professional will answer your questions in a comprehensive and understandable manner.