Saturday, March 26, 2011

Clenching my teeth

While I am no accountant, I decided to try out the income tax calculator tool at TaxTips last night. I am expecting to hear the official verdict from my accountant next week.

Assuming I've entered in all the necessary information, the calculator suggests a refund owing of approximately $7000. The amount still borrowed from my line of credit is $6500.

I wondered how much the accountant will charge for his services this year?