Questions, answered.

We selectively accept new clients where the scope, timing and complexity fit our team. Our primary focus is incorporated owner-managed businesses, corporate year-ends, tax planning, compilation engagements and assurance work. Start with the inquiry form so we can review the fit before scheduling a call.

Our best fit is an owner-managed corporation or professional corporation that wants reliable annual filings, useful financial statements and tax planning that looks beyond one deadline at a time. We also work with established not-for-profits and funded organizations that need audit, review or reporting support.

A referral is helpful but not required unless the website specifically states that intake is temporarily restricted. We will still review the business, work required, deadlines and record quality before confirming whether we can assist.

Yes. We serve clients throughout Ontario and can complete most accounting and tax work remotely using secure document and meeting tools. Some engagements may require in-person work or additional coordination.

We do not use open-ended free consultations for tax or accounting advice. Straightforward fit questions are handled through the inquiry form. Meetings that involve professional advice are generally billed at $450–$650 per hour, with the applicable rate confirmed before booking.

Fees depend on the engagement, complexity, quality of records and timing. A typical corporate year-end with financial statements and a T2 return generally starts around $2,500. We provide or confirm the fee basis once we understand the scope.

We can usually provide a range after reviewing the prior financial statements and tax return, year-end date, bookkeeping status and services required. A reliable quote is difficult when records are incomplete or several filings are outstanding.

Yes. Once the engagement is accepted, we will explain what records and professional clearance are required and coordinate the transition. You should ensure outstanding invoices and access to prior records are dealt with promptly so the handoff does not delay filing.

Sometimes, depending on capacity and the condition of the records. Urgent work may require a separate scope, expedited fee and immediate access to complete information. Submitting an inquiry does not guarantee that we can meet a deadline.

We treat inquiry information as confidential, but the public form is not the place for highly sensitive records. Do not submit SINs, CRA passwords, banking credentials or full tax packages through the general form. We will provide secure upload instructions if we proceed.

No. A client relationship begins only after we complete our acceptance process and both parties sign an engagement letter. Information on the website or in an initial response is general and is not a substitute for advice based on your facts.

The scope commonly includes year-end adjustments, financial statement or compiled financial information preparation, the T2 corporate income tax return and a summary of taxes and key matters. HST, payroll, T4/T5 slips, bookkeeping cleanup and tax planning may be separate depending on the engagement.

In a compilation engagement, we assist management in preparing compiled financial information from information management provides and attach a compilation engagement report. A compilation does not provide assurance. It is often used by owner-managed businesses for internal, tax or lender purposes, subject to the user’s requirements.

A compilation provides no assurance. A review provides limited assurance, primarily through inquiry and analytical procedures. An audit provides reasonable assurance and involves more extensive risk assessment, evidence and testing. The appropriate engagement depends on lender, funder, shareholder, regulatory or governance requirements.

It depends on who will use the financial information, the complexity of the company and whether a lender, shareholder or other party expects a CPA-prepared package. We will confirm the appropriate scope rather than automatically adding an engagement you do not need.

A T2 return is generally due within six months after the corporation’s year-end. The tax balance is usually due earlier — generally two months after year-end, or three months for certain eligible corporations. We confirm the dates that apply to your company.

Clean, reconciled records reduce corrections, improve the reliability of the financial information and allow us to focus on tax and business issues instead of rebuilding the ledger. If the books are incomplete, we can discuss a separate cleanup scope.

Typical items include the general ledger or accounting-file access, bank and credit-card reconciliations, loan and investment statements, payroll summaries, HST filings, major purchase or sale documents and prior-year financial statements and tax returns. We provide a tailored request list after acceptance.

Potentially. We first need to identify every outstanding corporate, HST, payroll and information return and assess the state of the bookkeeping. Catch-up files are quoted and scheduled separately from a normal current-year engagement.

Yes. As part of the year-end process we summarize the estimated or final balance, relevant instalments and key payment dates. Tax estimates depend on complete records and may change if additional information is provided.

Yes. Planning may include owner compensation, instalments, cash withdrawals, shareholder loans, capital purchases, dividends and transaction timing. Advice is most useful before money moves or a transaction closes, not after the year is over.

Incorporation can make sense when the business has stable profits, you can leave some income in the company, you want more flexibility over the timing of personal income or legal and commercial considerations support a corporation. It is not automatically the best choice for every small business. A proper answer requires your income, cash needs, risk, growth plans and industry rules.

A corporation can create tax deferral and planning opportunities when profits remain in the company. If you withdraw all earnings personally, the long-term tax savings may be limited once personal tax is considered. The value depends on your facts, not a single income threshold.

No. A corporation is a separate legal entity and can provide a degree of liability separation, but personal guarantees, director liabilities, professional obligations and other exceptions can still create personal exposure. Legal advice should be obtained for liability protection and shareholder arrangements.

The process usually includes deciding on federal or provincial incorporation, the legal name, share structure, directors and shareholders, followed by CRA accounts, banking, bookkeeping, HST and payroll setup where required. We advise on tax structure and coordinate with legal counsel for legal documents and agreements.

The answer depends on where you operate, name protection, filing obligations and future plans. Federal incorporation can provide broader name protection but may create additional provincial registrations. We coordinate the tax and accounting considerations with legal advice.

Salary and dividends have different effects on personal tax, CPP, RRSP room, payroll obligations and corporate accounts. Many owners use one or both. We make the recommendation based on the company’s income, your cash needs and longer-term objectives.

You can move money, but it must be recorded and supported correctly — as salary, dividend, reimbursement, repayment or shareholder loan. Unplanned withdrawals can create personal tax, payroll or shareholder-loan issues. Ask before making a large or unusual transfer.

Personal expenses are generally not deductible simply because the corporation pays them. They may need to be charged to the shareholder, treated as compensation or reported as a taxable benefit. Keep business and personal spending separate and document any mixed-use costs.

Yes, depending on the business and scope. We can help with bookkeeping systems, reconciliations, monthly closes, catch-up work and year-end readiness. We define who is responsible for invoicing, receipts, payroll, bill payment and review before the work begins.

Yes, after assessing the volume and condition of the records. Cleanup and historical catch-up work are separate from recurring bookkeeping and corporate year-end fees because the time required can vary significantly.

Yes. We can review or help establish the chart of accounts, bank feeds, reconciliations, close routines and accountant access. Software does not replace bookkeeping judgment; the goal is reliable records that agree to the underlying bank, tax and payroll information.

Most businesses making taxable supplies must register once they cease to be a small supplier — generally when taxable revenue exceeds $30,000 under the applicable single-quarter or four-consecutive-quarter tests. Some businesses register voluntarily. Special rules and exceptions can apply, so confirm the effective date before charging tax.

Yes, where included in the engagement. We need complete sales, expense and prior-filing information and must confirm filing frequency and deadlines. HST work is separate from the T2 return unless the engagement letter says otherwise.

We can assist with payroll setup, remittance requirements, taxable benefits, reconciliations and year-end slips. The exact scope — advice, review or ongoing processing — will be confirmed before engagement.

Tell us how far behind it is and what records are available. We may recommend a cleanup project before current filings can be completed. Waiting usually makes the tax, HST and payroll problems more expensive, so disclose the full backlog at the start.

Yes, primarily for business owners, their families and individuals with more complex tax matters. Standalone personal tax files are accepted on a limited basis depending on complexity and capacity. Submit the personal tax inquiry form rather than booking a call.

Yes, if a professional consultation is appropriate and accepted. Tax advice meetings are generally billed at $450–$650 per hour, with the rate confirmed before booking. If you only need preparation and filing, a meeting may not be necessary.

We generally need tax slips, investment and rental information, deductible expenses, instalments, prior-year notices and details of significant changes such as a move, sale, new business, separation or foreign income. Accepted clients receive a secure checklist and upload process.

Potentially. We need to know the years, income sources, CRA correspondence and whether business, HST or foreign reporting is involved. Late filings and voluntary disclosures require a separate scope and should be addressed promptly.

We assist with selected Canada–U.S. and cross-border matters where the work fits our team. Cross-border files require early disclosure of citizenship, residency, work locations, entities and foreign accounts. Submit the details for review before assuming we can accept the engagement.

Yes. We provide audit and review engagements for organizations where the reporting need and timing fit our assurance practice. We first confirm the governing, lender, funder or regulatory requirement and review prior statements and deadlines.

We support not-for-profits with audits, reviews, financial reporting, fund and program reporting, internal controls, board reporting and practical accounting advice. The scope depends on the organization’s funding agreements, bylaws, users and reporting framework.

Yes. We can assist with financial due diligence, normalized earnings, forecasts, purchase-price considerations, tax structure and post-closing accounting. Legal documentation and valuation opinions may require separate specialists. Involve us before signing a binding agreement.

We can prepare or improve forecasts, historical financial information, lender packages and the explanation supporting the request. Financing approval remains the lender’s decision, and the exact work depends on the quality of the records and proposed transaction.

We assist with selected CRA matters, including document requests, audit support and dispute strategy. Deadlines matter, so submit the notice, tax type, years and response date. Do not wait for a general consultation if a formal deadline is approaching.

No. We provide professional analysis, preparation and representation based on the facts, law, standards and evidence available. Outcomes depend on the client’s circumstances and, where applicable, decisions made by CRA, lenders, funders or other third parties.