I'm curious in the past we used an accountant for our previous investment property... He claimed where he could and with receipts we provided etc... But I hear people talk about how good their accountant is and how much money they get back I just want to know how can you determine if your accountant is doing a good job?
Other than providing an accountant with receipts etc, should a good accountant find legal loopholes to get the best return for you? In my experience, my accountant would ask me for all the receipts for bills, repairs and interest rates. Then ask about work related claims and donations etc... and then works out how much I owe or how much I get back... Is that the norm or should they do more?
Other than providing an accountant with receipts etc, should a good accountant find legal loopholes to get the best return for you? In my experience, my accountant would ask me for all the receipts for bills, repairs and interest rates. Then ask about work related claims and donations etc... and then works out how much I owe or how much I get back... Is that the norm or should they do more?