Accountant in North York.
Personal tax, corporate accounting and bookkeeping for North York professionals, condo investors, medical and dental practices and small business owners. A straight shot down the 401, or entirely by video. Handled directly by a CPA, CA with over 20 years in the profession.
Your income tax and small business accountant in North York.
North York packs a lot into the Yonge corridor. Office-tower professionals around North York Centre and Sheppard with equity comp and side income. Condo investors and small landlords along one of Toronto's densest high-rise stretches. Medical and dental practices around North York General. And the immigrant-owned small businesses that line Yonge from Finch to Steeles, including the Little Iran district and the Korean and Chinese strips nearby.
We work across all of it, and your file is handled directly by a Chartered Professional Accountant (CPA, CA) with over 20 years in the profession. We are a Whitby-based accounting firm serving North York and the wider Greater Toronto Area, and North York is a straight run down the 401, so in-person is easy when you want it while most clients handle the year by video. You get clear tax advice and tax planning, straight answers on incorporating, and a real person to call when the CRA writes.
For North York clients that means the whole picture in one place: personal and corporate tax returns, HST, payroll, and monthly bookkeeping with financial statements. The accounting and the tax planning are done by the same person, so the advice lines up instead of arriving from two directions. If the CRA opens a review or audit, we handle the correspondence and represent you. Your first consultation is free, with a fixed quote before any work starts.
What your North York accountant handles for the year.
Personal tax, corporate tax, bookkeeping, payroll and advisory under one roof. One accounting firm, one point of contact, and tax and accounting services that line up across your personal and business returns, from tax return preparation to financial statements and year-round advisory services.
Personal tax (T1)
Personal income tax returns filed correctly, with every credit and deduction you're entitled to, including employment and stock-option income.
Rental & condo income
Net rental, HST on condo assignments, capital gains and T1135 if you hold foreign property.
Medical & dental corporations
Professional Corporation T2, income splitting under your College's rules, and equipment CCA, coordinated with your personal return.
Corporate tax (T2)
Corporate tax returns for incorporated owners and professionals, filed on time with tax planning built in for next year.
Monthly bookkeeping
Reconciled to your bank and invoicing every month, with financial statements ready so year-end is a quick close.
Incorporation & comp planning
Whether to incorporate, when, and how to pay yourself. Salary, dividends, or both.
HST & sales tax
HST registration, HST filing and the quick-method election, handled with your bookkeeping so the sales-tax side is never a year-end scramble.
CRA reviews & tax advice
If the CRA sends a review or audit letter, your North York tax accountant handles the correspondence and represents you, with practical tax advice year-round.
Where we add the most value.
Four common North York client situations, and where our work tends to make the biggest difference.
Yonge-corridor professionals with equity comp
The office towers around North York Centre and Sheppard are full of salaried professionals with stock options, RSUs and side consulting income. We coordinate personal tax returns end to end: the timing on option and RSU income, employment expenses where they apply, RRSP room, and any self-employment reported cleanly on its own schedule. The right tax planning and a few simple tax strategies here can meaningfully reduce your tax burden year to year.
Condo investors and small landlords
The Yonge high-rise corridor through Sheppard, North York Centre and Finch is one of Toronto's busiest condo districts. We set up the rental schedule so net income and your tax liability are right, handle HST on pre-construction assignments and the tax compliance that comes with them, treat CCA as a deliberate choice, and plan the capital gains for the year you sell.
Medical, dental and allied-health practices
Around North York General and across the district, our corporate tax services plan the personal return and the Professional Corporation T2 as one picture, with tax planning and preparation handled together. Share ownership under your College's rules, family income strategy, retained earnings inside the PC, and the equipment and leasehold CCA that clinics carry.
Immigrant-owned small businesses
Yonge from Finch to Steeles, the Little Iran district and the Korean and Chinese business strips nearby, is full of first-generation owner-operators. We handle a new business owner's tax and accounting needs: the corporate T2, HST, payroll, bookkeeping and tax filing, plus the tax credits you may not know to claim. We explain the parts of the Canadian system that trip up newer businesses, and keep it in plain language.
Three kinds of North York clients.
Professionals with equity comp or side income
Yonge-corridor employees with stock options, RSUs, consulting income or a condo they rent. We file the T1 with every layer handled correctly.
Medical, dental and regulated professionals
Practitioners with a clinic in North York. We work alongside your College's Professional Corporation rules and coordinate personal and corporate tax together.
Owner-operated small businesses
North York's shops, restaurants and service businesses, including many first-generation owners. We handle the personal return, the corporate T2, payroll and the year-round bookkeeping.
You'll work directly with Elena.
EK CPA Pro is owner-operated. When you call, you're talking to the CPA, CA who's actually doing the work, not a junior who hands the file off at year-end. Elena has been working with owner-operated businesses across Durham Region since 2009, and is a graduate of CPA Canada's In-Depth Tax Program.
How meetings work for North York clients.
We serve clients right across Toronto. North York is a straight run down the 401 from our Whitby office at 70 Taunton Road East, so in-person meetings are easy when you want them, and it keeps you out of downtown Toronto traffic. Most clients handle the year by video, with documents shared securely beforehand so the meeting is the conversation, not the paper handoff.
Video
Most regular check-ins. Secure document sharing, no commute either way.
In-person at our Whitby office
70 Taunton Road East, Whitby. Free parking on site, a straight shot down the 401. Good for year-end and planning meetings.
In-person at your office
Annual reviews, signing meetings or a larger-client kick-off. Available on request.
Questions North York clients ask first.
Who files income tax in North York, and what does it cost?
If you're looking for a tax accountant in North York, we file personal income tax (T1) and corporate income tax (T2) for North York residents and businesses, by video or in person at our Whitby office down the 401. Your first consultation is free. A straightforward personal return is a fixed fee quoted before we start. Stock options, a rental condo, a medical or dental corporation or a small business take longer and cost more, and you get that number up front rather than an hourly surprise. Contact us and you'll deal with the same Chartered Accountant every year, not a rotating cast of tax professionals. Your North York tax accountant covers the tax return, tax preparation and accounting services a business owner needs, from a first tax return to full support for business growth. We serve North York and the rest of Toronto, and we find the tax credits and deductions most people miss.
I have a medical or dental practice in North York. Can you handle the Professional Corporation?
Yes. We file the Professional Corporation T2 and your personal T1 as one coordinated plan: share ownership under your College's rules, income splitting where it's allowed, retained earnings inside the corporation, and the equipment and leasehold CCA a clinic carries. You deal with one accountant for both sides.
I own a condo in North York and rent it out. What do I need to report?
Rental income and expenses go on your T1 from the year you start renting. Net rental income (rent minus mortgage interest, condo fees, property tax, insurance and repairs) is taxed at your marginal rate. If you assigned a pre-construction unit, there may be HST to deal with too. We will set the schedule up properly and plan the capital gains before you sell.
My business is new to Canada. Can you explain the tax side in plain language?
That's a big part of what we do for North York's first-generation owners. We register for HST and payroll, set up bookkeeping, file the corporate T2, and walk you through what the CRA expects and when, without jargon. You will always know what's due and why.
When should I incorporate my North York business?
Usually once your business income comfortably exceeds what you need personally each year, because the small business deduction gives North York business owners a lower corporate tax rate on retained earnings. The answer also depends on your other income, your spouse's income and your goals. We model both options with your real numbers, and the corporate tax planning that follows, before you decide.
What accounting and tax services do you offer North York clients?
The full set an owner or professional needs: personal income tax returns (T1), corporate tax returns (T2), HST filings, payroll, monthly bookkeeping, financial statements, incorporation and compensation planning, and year-round tax planning and advisory. We look for the credits and the planning most people miss, and if the CRA opens a review or audit we deal with the correspondence and represent you. It starts with a free consultation, and everything lines up so your personal and business filings match instead of being stitched together in the spring.
How do you bill?
Fixed-fee, quoted up front. You'll know the cost of your T1, any HST filings, the corporate side if you have one and any monthly bookkeeping before we start. No surprise invoices, no hourly billing.