I am wondering what to look for / how to assess an accounting firm. I.e. what questions to ask, any red flags, and a general idea about cost. Obviously this is dependent our the individuals situation, so here are some pertinent facts.
1) I am a dual US/Canadian citizen
2) I've lived and worked 4 years in Canada before moving to the US to work for a year. I will be relocating to Singapore to work the rest of 2019
3) My income is in the range of 150K US
4) My net wealth is mostly in stocks, I don't own any property.
Any advice / info is much appreciated.
How to asses an accounting firm
Moderator: Mark T Serbinski CA CPA
Re: How to asses an accounting firm
Just following up on this. I know the obvious answer given the location of this post would be Serbinski! However my understanding is that they specialise in Canada and US taxes only.
I guess one possibility is I use different firms for 2018 and 2019, firms which specialise in US/Canada and then US/Singapore respectively. I'm wondering what they trade offs for this would be vs using someone who deals with US/Canada/Singapore. E.g. would it generally be much easier (and cheaper) to find firms who specialise with each of these scenarios individually vs someone who deals with US/Canada/Singapore. Is transferring accountants simple enough that using different firms for 2018/2019 would be fairly seamless? Are there tax planning issues that could be better advised on by having knowledge of all three jurisdictions?
I realise that the issues above are quite broad but any advice on any of them would be much appreciated.
I guess one possibility is I use different firms for 2018 and 2019, firms which specialise in US/Canada and then US/Singapore respectively. I'm wondering what they trade offs for this would be vs using someone who deals with US/Canada/Singapore. E.g. would it generally be much easier (and cheaper) to find firms who specialise with each of these scenarios individually vs someone who deals with US/Canada/Singapore. Is transferring accountants simple enough that using different firms for 2018/2019 would be fairly seamless? Are there tax planning issues that could be better advised on by having knowledge of all three jurisdictions?
I realise that the issues above are quite broad but any advice on any of them would be much appreciated.