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Accounting and tax services for incorporated businesses

Running an incorporated business involves more than filing a corporate tax return once a year.

We help incorporated business owners manage their corporate year-end, tax filings, compensation, bookkeeping, and important financial decisions. The work is coordinated across the corporation and its owners, with practical advice based on how the business actually operates.

The practice is based in Toronto and serves incorporated clients across Canada.

Corporate accounting, tax and advisory
01

Corporate tax and year-end accounting

Corporate year-end services include compilation engagements, financial statements, T2 corporate tax returns, and a review of the accounting and tax matters affecting the business.

We also consider shareholder balances, GST/HST, capital purchases, salary and dividends, instalments, and other items that should be addressed before the filings are finalized.

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02

Corporate tax planning

Some tax decisions need to be considered before the transaction occurs or the fiscal year ends.

We help business owners review compensation, retained earnings, holding companies, ownership changes, corporate reorganizations, and planning for a future sale.

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03

Personal tax for business owners

The corporation’s tax filings and the owner’s personal return are closely connected.

We prepare personal tax returns primarily for corporate clients and their immediate families, with coordinated treatment of salary, dividends, shareholder transactions, investment income, and other related matters.

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04

Business advisory

Advisory support is available for focused questions, periodic planning, and financial matters that need closer attention.

This may include cash flow planning, compensation, profitability, financing, major purchases, ownership changes, or the purchase or sale of a business.

Advisory support is available for focused questions, periodic planning, and financial matters that need closer attention. This may include cash flow planning, compensation, major purchases or ownership changes.

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05

Bookkeeping support

Reliable bookkeeping makes corporate year-end easier and gives business owners clearer financial information throughout the year.

We provide QuickBooks Online setup, bookkeeping cleanup, reconciliations, payroll support, GST/HST assistance, and year-end preparation, generally as part of an ongoing corporate accounting relationship.

↳ The firm is a QuickBooks Online Elite ProAdvisor.

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06

Incorporation and business setup

The decisions made when a corporation is formed can affect ownership, compensation, tax planning, and future changes to the business.

We provide accounting and tax guidance, coordinate with legal counsel where required, assist with CRA registrations, and help establish the corporation’s accounting records and filing obligations.

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Additional areas of support

Consultants and IT contractors

We work with incorporated consultants, IT contractors, and technology professionals on corporate tax, GST/HST, salary and dividend planning, bookkeeping, and personal tax matters.

We can also help assess incorporation and consider personal services business issues where the working relationship resembles employment.

Accounting for consultants and IT contractors

Residential HST rebates

We prepare HST rebate applications for qualifying rental properties, owner-built homes, and substantial residential renovations.

The work includes reviewing eligibility, identifying the appropriate rebate, calculating the claim, preparing the supporting schedules, and assisting with CRA follow-up related to the application.

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SR&ED tax credits

Looking for SR&ED support?

Our separate SR&ED section covers technical eligibility, project documentation, expenditure calculations, T661 preparation, corporate tax filing, and CRA review assistance.

The firm can handle both the technical and tax sides of the claim, or work with your existing accountant where only the SR&ED component is required.

Our separate SR&ED section covers technical eligibility, corporate tax filing, CRA review assistance and more. The firm can handle both the technical and tax sides of the claim, or work with your existing accountant where only the SR&ED component is required.

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How the services fit together

Many clients begin with a corporate year-end and add support as the business develops.

For example, bookkeeping affects the year-end records, compensation affects both the corporate and personal returns, and an ownership change can create accounting, tax, and legal considerations.

Keeping these areas coordinated reduces duplicated work and makes it easier to identify issues before filing deadlines.

Support that fits your business

Not every business needs every service.

We begin by understanding the corporation, its owners, the current records, and the support required. From there, the work can be limited to the immediate filing or expanded to include planning, cleanup, or related matters where appropriate.

Corporate Tax · SR&ED · Advisory

Accounting support for your business

Share a few details about your corporation and the support you are looking for. I will review your inquiry and let you know whether the practice is a good fit.