JMN Accounting

Kelowna Accountant & Consultant

Jeanette Newman, CPA is a Kelowna accountant who can provide you with personal/small business and corporate tax services. With over five years experience in tax preparation, bookkeeping and consultation, JMN Accounting offers comprehensive and professional solutions.

Every individual and business has specific issues and circumstances relating to their taxes. That’s why JMN Accounting works to understand your situation and deliver customized results at an affordable rate. Whether a personal tax return or filing corporate paperwork, Jeanette is your Kelowna accountant who can help.

Schedule a consultation today.

FREQUENTLY ASKED QUESTIONS

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  • Corporate Taxes
  • General
  • Personal Taxes
  • Tax Consulting
Do I need an accountant to do my tax return?
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You may not need an accountant for a simple tax return. However, if you have self-employment income, own a small business,  or have complex claims you may wish to hire an accountant. If you’re a non-resident or have special credits to claim (such as disability or education credits) an accountant can help your filing go smoothly.

Do I need an accountant if I’m incorporated?
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Almost certainly. Corporate taxes can be complicated, and the penalties for late or incorrect filings can be steep. A professional accountant can ensure your company’s compliance and find the most cost-effective way of preparing your return.

Do I need an accountant if I own a sole proprietorship or I’m self-employed?
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It’s a good idea to consult a tax professional when filing a return that includes small business or self-employment income. These returns can often be complex due to how income is claimed and what deductions you are allowed

How much does it cost to prepare a tax return?
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The cost varies depending on the complexity of the return and the amount of work needed to prepare. Contact JMN Accounting to set up a complimentary consultation to determine your tax preparation rate.

When are personal taxes due?
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In Canada, personal income taxes are due on the last day of April every year.

How do I prepare financial statements?
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There are many different types of financial statements, including Balance Sheets and Income Statements. To ensure your financial statements accurately reflect the state of your business, consider hiring a tax professional. 

When are corporate taxes due?
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Your Corporate tax payments are due 3 months after your Fiscal year end and your corporate tax return return is due 6 months after your Fiscal year end.

Is a tax consultant the same as an accountant?
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Tax consultants provide expert advice to clients. They have deep knowledge of tax laws and can advise the best filing strategies for an individual or business. Jeanette Newman, CPA, is a certified accountant as well as a tax consultant.

What are some reasons to hire a tax consultant?
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A tax consultant helps you file the most effective return possible. They can also help you navigate complicated deductibles and ensure compliance with tax law. If you have a special circumstance, such as if you are a non-resident, a tax consultant can provide solid advice and peace of mind.

What should I bring to my consultation?
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After the initial phone consultation, you will need to provide your last year of bank statements, investment statements, and receipts, as well as last year’s tax filing.

What is a CPA?
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A Chartered Professional Accountant is a certified accountant who belongs to the CPA Canada professional organization. CPAs must meet rigorous professional standards, complete pre-approved programs, and complete a certain amount of experience before becoming certified.

How do I choose a tax accountant?
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A good tax accountant works with you to achieve the best possible return and provide you with accurate, knowledgeable advice. Your accountant should also be a CPA, a designation that recognizes the highest professional standards. JMN Accounting offers a free phone consultation to determine if we are the right choice for you.

How long does it take to file a return using an accountant?
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The time it takes to prepare a return depends on the complexity of the return and the amount of supporting paperwork available. After the initial meeting, JMN Accounting works via shared online documents and email, so you don’t have to keep coming into the office. Call today to book an initial consultation.

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Testimonials


Jeanette is wonderful to work with! She is incredibly knowledgeable and highly attentive to the needs of her clients. I can always trust that I am receiving the best financial guidance. Her communication is clear and prompt and I find her method of transmitting information / documents highly efficient and user friendly. Highly recommend!!

Lauren Lelia

Business Owner


Jeanette has been a pleasure to work with. She is detail-orientated and is always timely with her communication and work. I have been learning so much from her as we transition our books and invoicing online.

Lise Reitsma

Business Owner

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