Choosing an accountant or a new accounting firm is an important decision with long lasting repercussions and benefits. Make sure you do your research before making an informed decision. You can start by reading our article: “How to Find the Best Accounting Firm.”
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Choosing an Accounting Firm
How do you know it's a good accounting firm?
Read Online Reviews, Ratings and Testimonials. While searching don’t forget to look at Google Business Reviews or ClearlyRated. Many established firms, like Stern Cohen, feature a page of client reviews on their website. You can view ours here: https://www.sterncohen.com/testimonials/
Do accountants help with accounting technology?
The pandemic accelerated cloud accounting systems and a good firm will assist with migration to modern accounting technologies like QuickBooks Online and other industry-leading apps like Dext, Wagepoint and Plooto. If you have let your tech infrastructure get obsolete, you’re taking a risk and missing out on efficiencies and improved reporting capabilities, too. Our clients regularly tell us how happy they are with their modern cloud accounting platforms.
Does location matter when choosing an accounting firm?
Geography doesn’t really matter anymore. During the pandemic, accounting firms like Stern Cohen adapted to a virtual model. While in person meetings are always available, we can speak with you over the phone or in a Zoom call AND save everyone the travel time! This frees you up to choose an accounting firm like Stern Cohen even if you’re in Barrie, Collingwood, Hamilton, Sudbury, Winnipeg, Regina, Calgary or Vancouver! We have the tax and advisory services you may need thanks to our experience in a mature, sophisticated market. Now you can work with one of the best accounting firms in Toronto Canada even if you’re in Orillia.
Fees
What are some general fee estimates of common services at Stern Cohen?
We value transparency and trust at Stern Cohen. So we’re happy to share some general fee estimates for our rates and services (2025):
- Small business year-end accounting, corporate tax return: $3,500/year (includes tax planning with respect to your personal tax return and compensation from the corporation)
- Monthly bookkeeping, payroll, plus the services in the bullet point above for businesses: $2,000/month and up depending on number of transactions and the service mix
- Stern Cohen Tax Partner / Tax Specialist: $675/hour
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