What is a Scout Tax Evaluation?
The Scout Tax Evaluation is an in-depth review of your financial situation, which will determine ways to reduce your taxes, improve your investment results, and lower your interest payments. This evaluation includes:
- Credit Report
- Property Report
- Mortgage Assessment
- Investment Review
- Tax Review
Your evaluation will be presented in an easy to understand one-page summary. The summary will highlight our team’s recommendations and what you should do right now.
The first step in our evaluation process is to have an open conversation about your financial situation. During this consultation, we will discuss your financial goals and identify any areas of concern.
To begin the evaluation, you will be asked to complete a client agreement and then we will collect the information we need to assess your financials, including photo ID, a recent pay stub, a property tax bill, a mortgage statement, and an investment statement. If you are self-employed or own an investment property, we will also need your T1 General.
The final step in the process is a second meeting for our team to present their Scout Evaluation findings and review the results. We will discuss our proposed action plan for meeting your goals, next steps, and any additional suggestions