Fixed-Fee. Trusted. Accurate. Quick. Easy. Economical.

Pocket-Friendly Accounting for Canadian Businesses

100% Risk-Free, Satisfaction, Guarantee, Price Match – Pay After Service

At Tax Filings Canada, we handle every part of your accounting, from the filing itself to the planning around it. Our accountants work with corporations and business owners every week, so you can focus on running and growing your business.

+15 Yrs Exp
Ex-Big4 Tax Specialists
CPA Canada (In-Depth Tax Program)
EX BIG4, EY, Deloitte

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Expert Solutions for Accounting Across Canada

Stay compliant and optimize your financial processes with our specialized top accounting services.

  • Accounting Compliance and Filing support
  • Accounting Planning & Preparation Service
  • Accurate Accounting reporting in Canada
  • Expert dispute resolution and client support

Book a Meeting with a Tax Accountant

Free initial consultation
No obligations
Speak directly with expert Accounting Firm/CA
Tailored tax planning strategies
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Tax Filings Canada accountants in the office, providing pocket-friendly accounting across Canada

Accounting Transparent & Fixed Pricing

No hidden fees. Pay only after your service is completed. The fee is agreed before any work starts.

Business Accounting

From- $10/ M
Bookkeeping | Financials | Reconciliations
Accounting Bookkeeping pricing

Corporate Tax Filing

From- $90
T2 corporate Tax | NIL Return | Planning
Corporate Tax pricing

Personal Tax Filing

From- $25
T1 | Student | Employed | Self-employed
Individual Tax pricing

GST/HST Tax Filings

From $75
GST/HST/PST/QST/RST Tax filings | Registration
GST/HST/PST pricing

Partnership Tax Filing

From-$250
T5013 – Partnership Information Return
Partnership Tax pricing

Non-Profit Tax Filing

From- $250
T1044 | T3010 | T2 | Non-Profits Charities
Non Profit Tax pricing

Notice to Reader

From- $500
Assistance NTR | Compilation | Audit
Notice To Reader pricing

Trust-Estate Tax Filing

From- $300
T3 Trust | Beneficiary Reporting | Allocations
Trust Estate Tax pricing

Full-service accounting for Canadian businesses

Accounting ties the whole financial picture together: the bookkeeping that captures transactions, the reconciliations that prove them, the financial statements that summarise them, and the corporate return that reports them to the CRA. We provide the complete cycle so nothing falls between a bookkeeper and a tax preparer who do not talk to each other.

The value of a single accounting relationship is consistency: your GST/HST, payroll, financial statements and T2 all reconcile because the same team prepares them. We produce GIFI-ready statements, manage the year-end close and adjusting entries, and file a complete corporate return, with planning built in year-round rather than a single conversation at deadline. Fixed fees and a pay-after-service model mean you know the cost and approve the work before it is filed.

Accounting services in Canada: Tax Filings Canada handles full-cycle accounting, from monthly reconciliation to year-end financial statements and corporate tax filing, on a fixed fee you pay after the work is done.

How a Accounting File Moves Through Our Office

  1. 1

    Documents In

    Share your records in one go or in pieces as you find them.

  2. 2

    Preparation Begins

    Our preparers work through your accounting file and note anything worth discussing.

  3. 3

    Review Together

    You approve the final version only after your questions are answered.

  4. 4

    Filed and Done

    We submit on your behalf and keep the paper trail organized for you.

Comparing Us to a Typical Accounting Firm

Factor Tax Filings Canada Typical Firm
Pricing model Fixed, flat fee Hourly / unpredictable
Payment Pay after service Upfront retainer
Price match Yes, on written quotes Rarely
CRA audit support Included Billed extra
Typical turnaround 3-5 business days 2-4 weeks

Accounting Terms Worth Knowing

T1 General
The personal income tax return individuals file with the CRA each year.
T2 Corporate Return
The corporate income tax return every incorporated Canadian business must file.
GST/HST Return
The sales-tax return businesses file to remit GST/HST collected, net of input tax credits.
Accounting: Our Analysis

Most Canadian private corporations do not need an audit. They need a compilation engagement, which since CSRS 4200 took effect must disclose the basis of accounting and cannot be issued where the accountant knows the information is misleading. This matters commercially, because lenders increasingly ask which engagement produced the statements. Knowing whether you need a compilation, a review or an audit is usually a five-figure decision made by default rather than deliberately.

Practitioner’s Notes on Accounting

These notes are written the way a tax consultant would explain Accounting across a desk: no theory, just the points that decide real files.

Ask any tax consultant where accounting files go sideways, and the answer usually traces back to this: A fiscal year-end cannot be changed by simply closing the books on a new date; subsection 249.1(7) requires the CRA’s concurrence. The short transitional period is a tax year in its own right and needs its own return and its own statements.

The second point is quieter but costs more when missed. The CRA requires business records to be kept for six years from the end of the tax year they relate to, in a form that allows the return to be verified. Where records cannot support the return, the CRA is entitled to assess on its own estimate — and the burden of disproving that estimate falls on the taxpayer. On the record-keeping side, one rule governs what must be kept and what must be shown: A small corporation still carries the full compliance set: T2, GST/HST, payroll, and the annual return with the incorporating jurisdiction. The annual corporate return is separate from the T2 and is the one most often forgotten, which can lead to administrative dissolution.

Reading rules is one thing; knowing which of them your file actually triggers is another. An accountant closes that gap, and for accounting the gap is often wider than it looks. What you bring to the table determines how quickly the accounting work proceeds — start with the items below.

Whatever the file involves, the terms do not change: fixed fee agreed up front, review together before filing, payment after the service.

Accounting – Service Pricing Tiers

Providing transparent fixed pricing and high-quality Accounting Firm compliance for your accounting requirements.

Basic Accounting

$150/monthly

Coverage: Standard bookkeeping and accounting preparation.

Deliverables:
  • Preparation of basic accounting files
  • Monthly status review via email
  • Basic compliance validation

Ideal for early-stage startups and sole proprietors.

Book Now

Premium Accounting

$750/monthly

Coverage: Strategic advisory and fractional CFO integration.

Deliverables:
  • All features of Standard accounting
  • Variance tracking & cost allocation advice
  • Quarterly tax planning advisory sessions

Ideal for companies seeking high-growth financial structuring.

Book Now

Why to choose Tax Filings Canada for Accounting?

Why you should partner with Tax Filings Canada Experts for all your top accounting needs?

Experienced Accounting Accountants

Providing tailored accounting services to ensure compliance and maximize deductions.

Full CRA & Federal Compliance

Our certified accountants protect your business with complete federal and provincial tax compliance.

Hassle-Free Tax Filing

A dedicated team that handles your financials quickly, accurately, and without upfront fees.

Accounting Preparation Service

Dedicated preparation processes customized for Canadian businesses.

Seamless Digital Solutions

Advanced accounting software integrations with QuickBooks, Xero, and wave accounting.

Scalable services for growth and expansion

Customized packages designed to grow as your business operations expand.

Accounting Firm Tax Experts

Accounting Process Phases

Our clear four-step workflow ensuring absolute tax optimization and complete CRA compliance.

Step 1

Initial Consultation

Start with a free, no-obligation consultation to review your business’s financial, tax filing and compliance needs and outline our affordable solutions.

Step 2

Document Collection

Receive a comprehensive checklist and securely provide the required financial records and documents.

Step 3

Transparent Preparation & Review

Our tax accountant and accounting experts carefully prepare your filings, identify all applicable deductions and credits, and conduct thorough reviews.

Step 4

Electronic Filing & Ongoing Support

We file your documents electronically with the Canada Revenue Agency (CRA) on time and provide post-filing support.

Tax Filings Canada Team Office

"A Unique Accounting Approach – Results First, Payment Later!"

  • Step 1: Share your information – No Upfront Payment!
  • Step 2: We prepare your financials & tax return.
  • Step 3: Review & sign the deliverable before payment.
  • Step 4: Make the payment only when satisfied.
  • Step 5: We file your return & share final documents.
  • Step 6: 100% Refund Guarantee – If unsatisfied, claim a full refund within 24 hours!

Risk-Free, Hassle-Free, and Client-First!

Schedule a Free Consultation

Industries We Serve with Accounting

Accounting for Startups Specialized startup tax & accounting
Accounting for Healthcare Specialized healthcare tax & accounting
Accounting for Consultants Specialized consulting tax & accounting
Accounting for Real Estate Specialized real estate tax & accounting
Accounting for Construction Specialized construction tax & accounting
Accounting for Non-Profit Organizations Specialized NPO tax & accounting
Accounting for Small Businesses Specialized small business tax & accounting
Accounting for Restaurants Specialized restaurant tax & accounting
Accounting for Franchises Specialized franchise tax & accounting
Accounting for Self-Employed Specialized self-employed tax & accounting
Accounting for Manufacturing Specialized manufacturing tax & accounting
Accounting for E-Commerce Specialized e-commerce tax & accounting
Accounting for Import & Export Specialized import/export tax & accounting
Accounting for Holding Companies Specialized holding company tax
Accounting for Logistics & Freight Specialized logistics tax & accounting
View All Industries

Accounting Locations Near You

Use our office finder below to select your nearest accountant tax filing expert.

1. Select Province

2. Choose City / Town

Toronto Accounting
Ottawa Accounting
Mississauga Accounting
Brampton Accounting
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London Accounting
Vaughan Accounting
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Barrie Accounting
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Service Location

Accounting Toronto, ON

Expert accounting filing, personal T1 returns, and comprehensive Accounting Firm accounting in Toronto.

Full Province-Wide Service Coverage
24/7 Helpline: +1 (416) 619-0068
Services Included in Toronto:
Corporate Tax Filing (T2)
Personal Tax Filing (T1)
Bookkeeping & Payroll Services
GST/HST & CRA Audit Representation

Accounting Tax & Accounting Case Studies

See how our expert Accounting tax and accounting services have helped Canadian businesses save money and stay compliant.

Case Study 1

29 Months Reconciled And $12,000 Of Input Tax Recovered — Fitness Studio Group, Mississauga

29 months of records at a boutique fitness studio group in Mississauga, Ontario had never been reconciled, leaving a bank that refused to renew an operating line without compliant statements. Rebuilding recovered $12,000.

Case Study 2

$54,000 Reassessment Reduced To Nil On Review — Family Wholesale Distributor, Hamilton

A $54,000 reassessment was proposed against a family-owned wholesale distributor in Hamilton, Ontario following a year-end moved informally, leaving twelve months of trading reported as though nothing had changed. The documented response reduced it to nil.

Case Study 3

Corporate Structure Rebuilt For $54,000 Of Annual Savings — Machine-Shop Owner-Operator, London

The structure at a machine-shop owner-operator in London, Ontario no longer fitted the business, and capital assets written off in full in the year of purchase, with no fixed-asset schedule behind the deduction showed it. Rebuilding it saves $54,000 a year.

Case Study 4

Instalments Rebased, $122,000 Of Cash Returned To The Business — Landscaping Company, Kitchener

A growing landscaping company in Kitchener, Ontario was overpaying instalments because of a shareholder loan account that had drifted for three years with no supporting entries. Rebasing them returned $122,000 to the business.

Case Study 5

$88,000 Credit Claim Filed And Accepted Without Adjustment — First Year-End Corporation, Moncton

An owner-managed corporation preparing its first year-end in Moncton, New Brunswick had never tested its work against the eligibility rules. The resulting $88,000 claim was accepted without adjustment.

Case Study 6

$35,500 Of Penalties And Interest Cancelled On Relief — Specialty Food Importer, Lethbridge

A specialty food importer in Lethbridge, Alberta was carrying $35,500 of penalties and interest from year-end statements that arrived four months late and never tied to the bank. A relief application cancelled it.

Read all 6 Accounting case studies in full Browse the full case-study library

Our Expert Accounting Firm & Team

Meet the specialists behind your Accounting filings. Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Udit Gupta

Udit Gupta

CEO & Founder

CA (ICAI), Certified Tax Accountant, CPA Canada (In-Depth Tax Program)

Abhinav Gupta

Abhinav Gupta

Canada Tax / International Tax

Canada Tax, International Tax, Cross Border Tax, Transfer Pricing

Raghav Gupta

Raghav Gupta

International Tax Expert

International Tax, Transfer Pricing Specialist

Anmol Mittal

Anmol Mittal

Canada Tax Expert

CA (ICAI), Canada Tax Expert

Vinayak Indolia

Vinayak Indolia

CFO Advisory

CA. Fractional CFO and Senior Advisory Specialist

Meet Our Entire Team of Experts

What Clients Ask Us About Accounting

Direct answers to what Canadian business owners actually ask before hiring an accountant.

How much does Accounting cost in Canada?

Accounting starts at a fixed fee quoted before any work begins. The quote is locked at the outset and does not change mid-engagement, and you pay only after you have reviewed and approved the deliverable. Compare every plan on our transparent pricing page.

What documents do I need for Accounting?

At minimum: prior-year returns and notices of assessment, your bank and credit-card statements for the fiscal period, payroll records if you have employees, and GST/HST filings. We send a checklist tailored to your situation after the free 15-minute call.

How long does Accounting take?

Most engagements are completed within 3 to 5 business days once your documents are complete. Catch-up work covering multiple years takes longer, and we tell you the realistic timeline before you commit rather than after.

What happens if the CRA reviews or audits my filing?

We respond on your behalf at no extra charge for any return we prepared. Every figure we file is supported by documentation retained in your file, which is what turns a CRA review from a crisis into correspondence. See how our CRA audit support works.

Can you handle late or missed filings?

Yes. Late filing penalties compound at 5% of the balance owing plus 1% per month, so the cost of waiting is real. We prioritise catch-up work and, where eligible, file under the CRA's Voluntary Disclosures Program to reduce penalties.

Do you work with businesses outside major cities?

Yes. We are a cloud-based practice serving every province and territory, so your location does not change the price or the service. Browse our coverage across Canada to find your city.

Which industries do you specialise in for Accounting?

We work across construction, healthcare, e-commerce, professional services, restaurants, real estate, transportation, technology and non-profits, each with its own deduction profile and CRA scrutiny patterns. See all industries we serve.

What makes Accounting different from filing it myself?

Software applies the rules you already know about. An experienced tax accountant finds the ones you do not: capital cost allowance timing, the small business deduction threshold, shareholder loan repayment rules, and TOSI exposure on family dividends. The fee is usually smaller than the deductions it surfaces.

What is included in Accounting services?

Our accounting services include complete filing, compliance management, and strategic advice customized to Canadian tax laws.

How do I start with Accounting services?

You can start by booking a free 15-minute call. We will review your files, provide a fixed quote, and start working immediately.

What should I look for when choosing a provider for accounting?

Related-party transactions have to be recorded at fair market value, and a below-market charge between connected companies invites an adjustment on both sides of the transaction. We flag this early with every client it touches, because finding it out at filing time leaves you far fewer options than finding it out now.

What information will you ask me for once the accounting work is underway?

The honest starting point is this: Capital cost allowance is permissive, not mandatory. A corporation can claim less than the maximum in a low-income year and leave the undepreciated capital cost in the pool for a year when the deduction is worth more, provided the schedule carries that decision forward consistently. Everything else we would tell you is tailoring, and tailoring requires seeing your file.

Still have questions? View our FAQ page or contact us.

More Accounting Questions Canadians Ask

The questions Canadians actually search on this topic, answered plainly. Browse every question in the Canadian tax answers directory.

Options range from free community volunteer clinics for simple returns on a modest income, through NETFILE-certified software you use yourself, to a tax preparer or accounting firm that files on your behalf. Choose based on complexity: a single T4 is straightforward, while self-employment, rental property, investments or a corporation usually warrant professional help. Our fees are fixed and agreed before we start, and you pay after the service.

No. Capital is the owner's stake in the business, so it sits in equity, not liabilities. On a balance sheet, assets equal liabilities plus equity, and the capital account belongs on the equity side alongside retained earnings. Money the owner lends the business is different, because the business owes it back, and that is a liability. Keeping owner capital, owner loans and drawings in separate accounts prevents a messy reconciliation at year end.

Call the individual or business tax enquiries line listed on the CRA's Contact us page, then work through the automated menu to reach an agent. Have your social insurance number or business number, your date of birth and a line amount from your last assessed return ready, because the agent cannot discuss your file without them. Wait times are longest right after the filing deadline. My Account answers many questions without a call.

No. Quebec never joined the HST. The 5% GST applies there alongside a separate Quebec sales tax of 9.975%, charged on the pre-GST price, giving a combined 14.975%. Revenu Quebec administers both taxes for most businesses, so registration, returns and remittances usually go through it rather than the CRA. Selling into Quebec from another province can create a QST registration duty of its own, separate from your GST/HST account.

Yes. Rent from a room in your home is taxable and is reported as rental income on your T1. You may deduct a reasonable share of expenses such as utilities, insurance, mortgage interest, property tax and repairs, prorated by the space rented and the part of the year it was rented. Claiming capital cost allowance on the building can put part of your principal residence exemption at risk, so most homeowners do not. Keep receipts six years.

Sign in to My Account or My Business Account, open your profile and edit the telephone number there; the change applies immediately. Without online access, call the individual or business enquiries line and verify your identity, or send the change in writing to your tax centre. Keep the number current, because the CRA uses it for identity verification, multi-factor sign-in codes and contact about assessments, so a stale number can lock you out.

Sign in to CRA My Account and open the section for your returns, where assessed returns, notices of assessment and reassessment notices are held for several years. You can also request a proof of income statement, ask the CRA by phone for copies, or ask whoever prepared the return for their file copy. Keep your own records six years from the end of the last tax year they relate to.

Property tax is an annual charge a municipality levies on real estate to fund local services such as roads, water, policing, fire and schools. A provincial assessment authority values the property, council sets a tax rate in its budget, and the bill is the assessed value multiplied by the rate for your property class. Unpaid amounts stay attached to the property itself. It is separate from income tax, so the city bills it, not the CRA.

No. In Canada severance, pay in lieu of notice and a retiring allowance are fully taxable in the year you receive them. There is no tax-free slice of a redundancy payment the way some other countries allow, and tax is withheld before payment. A direct transfer to an RRSP is available only for older years of service under a narrow rule, so your ordinary RRSP room is usually the only shelter. Have settlement wording reviewed before you sign.

Yes. A television is an ordinary taxable good, so GST at 5% for 2026 applies, or HST instead in the HST provinces: 13% in Ontario, and 14% in Nova Scotia since 1 April 2025. In British Columbia, Saskatchewan, Manitoba and Quebec, provincial sales tax or QST is charged alongside the GST. Electronic recycling or environmental handling fees may appear on the receipt and are generally taxable themselves.

From 1 October 2026, British Columbia applies 7% PST to several services that were previously untaxed: accounting and bookkeeping, architectural, engineering and geoscience, security and private investigation, and non-residential real estate services. Architectural, engineering and geoscience fees are taxed on 30% of the purchase price rather than the full amount. Providers not already collecting PST must register online, and can do so up to six months before their first taxable sale.

Price tracks complexity rather than a standard rate. A return with a few slips and ordinary credits sits at the low end, while self-employment, rental property, investment dispositions, foreign reporting or a corporate return each add work and cost. Ask for the fee in writing before anything starts, and confirm what it covers, including filing, CRA correspondence and any later adjustment. Our fees are agreed before work begins and you pay after the service, with a free 15-minute consultation to scope the job.

Udit Gupta, founder of Tax Filings Canada

Reviewed and fact-checked by Udit Gupta

Ex Big 4 — Ernst & Young, Deloitte · International & cross-border tax specialist · CPA Canada (In-Depth Tax Program) · Chartered accountant, ICAI & MIA

Udit Gupta has over 15 years of experience helping corporations and business owners with corporate structuring, corporate tax filing, bookkeeping, payroll, GST/HST, cross-border tax and CRA representation. Big 4 trained at Ernst & Young and Deloitte, and qualified as a chartered accountant in India and again in Malaysia, he founded his accounting practice in 2014 to serve entrepreneurs, startups and non-resident business owners across Canada. View full member bio.

The Institute of Chartered Accountants of India — member 521458 · Malaysian Institute of Accountants — member CA 44667 · Ex Big 4: Ernst & Young, Deloitte · CPA Canada (In-Depth Tax Program), completed 19 Dec 2023 · In-Depth GST/HST Part I, 12 Jul 2022 · Part II, 5 Jul 2023

Editorial policy. Every page is researched against primary sources — the Income Tax Act, CRA publications and CPA Canada guidance — and every rate or threshold is stated with the tax year it applies to.

Free 15 Min Consultation for Businesses

Ready to get started with Accounting?

Talk to a professional tax accountant about your situation. No obligation, and you only pay once the work is complete and you have approved it.

  • Tax accountant led team
  • Fixed fees, no hourly billing
  • Pay only after you approve

Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Chartered Professional Accountants Canada AICPA — American Institute of Certified Public Accountants Institute of Chartered Accountants of India Malaysian Institute of Accountants