Accountant in Port Hope.
Personal tax, corporate accounting and bookkeeping for Port Hope's Cameco employees, downtown business owners, farm and rural-property families and retirees. Video-first, with in-person at our Whitby office about 40 minutes west on the 401. Handled directly by a CPA, CA with over 20 years in the profession.
Your income tax and small business accountant in Port Hope.
Port Hope sits in Northumberland County, not Durham, and it has its own mix. Cameco's conversion and fuel-manufacturing workers with pensions, shift premiums and RRSP room to plan. The independent shops, restaurants and studios along Walton Street's heritage downtown. Farm and country-property families out in the former Hope Township. And a genuinely older town, with more retirees and estate questions than most.
We handle 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 Port Hope and Northumberland County, and most Port Hope clients work with us by video, with the year-end or tax-planning meeting in person at our Whitby office, about 40 minutes west on the 401. Real tax advice on what you can claim in Ontario, how to pass on a home or a farm, and a person to call when the CRA writes, instead of a chain-store desk that closes in May.
For Port Hope we help with the whole picture, personal and business: personal tax returns and corporate tax returns, HST filing, payroll, monthly bookkeeping and financial statements, farm and estate work, and year-round tax planning and advisory. Whatever your business and personal accounting needs, you get the same level of service and deal with one accountant who knows the file. If the CRA opens a review or audit, we help you handle the correspondence, and it all starts with a free consultation and a fixed quote.
What your Port Hope 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 pension and RRSP planning.
Small-business & sole-prop tax
HST registration and HST filings, home office, vehicle and the income piece, all done together.
Corporate tax (T2)
Corporate tax returns for incorporated downtown businesses and trades, filed on time with tax planning built in.
Farm & rural-property tax
Farm income, and the capital-gains exemption and rollover rules when land or a farm passes to the next generation.
Estates & final returns
Final T1 returns, the T3 for estate income, and the CRA clearance certificate, handled with the family.
Monthly bookkeeping
Reconciled every month, with financial statements ready so year-end is a quick close, not a scramble.
Where we add the most value.
Four common Port Hope client situations, and where our work tends to make the biggest difference.
Cameco and other technical employees
The conversion facility and the fuel-manufacturing plant employ a stable base of well-paid technical staff, roughly 540 jobs between them. We plan the return around a defined-benefit pension and RRSP room, handle shift premiums and any overtime that pushes you into a higher bracket, and set up the retirement drawdown well before you get there.
Walton Street and downtown businesses
Port Hope's heritage main street runs on owner-operated retail, restaurants, cafés and the occasional film shoot. For those businesses we run the corporate or sole-prop tax, HST, payroll and the year-round bookkeeping, and evaluate the HST quick method, which often saves a small shop real money.
Farm and rural-property families
Out in the former Hope Township, Port Hope wraps a rural area of farms and country properties. We handle farm income, the capital-gains exemption on qualified farm property, and the rollover rules that let land and a farming business pass to the next generation without a needless tax bill.
Retirees and estates
Port Hope is an older town, with well over a quarter of residents past 65. We look after pension and RRIF income, plan the transfer of a home, a cottage or a farm, and handle final returns, the estate T3 and the CRA clearance certificate so the family isn't left guessing.
Three kinds of Port Hope clients.
Cameco and pensioned employees
Technical staff and retirees with a defined-benefit pension, RRSP room and a return worth planning. We file the T1 and set up the retirement drawdown.
Downtown and rural business owners
Walton Street shops and services, trades and farm operations. We handle the personal return, the corporate or sole-prop tax, HST, payroll and the bookkeeping.
Families handling an estate
Executors and families in Port Hope and Northumberland. We file the final and estate returns and get the clearance certificate, working at your pace.
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 Port Hope clients.
Most Port Hope clients work with us by video, with documents shared securely beforehand, so there's no drive for a routine check-in. When a year-end, an estate or a planning meeting is better in person, our office is at 70 Taunton Road East in Whitby, about 40 minutes west on the 401.
Video
How most Port Hope clients work with us. Secure document sharing, no 40-minute drive for a routine meeting.
In-person at our Whitby office
70 Taunton Road East, Whitby. Free parking on site, straight down the 401. Good for year-end, estate and planning meetings.
In-person at your place
For farm files, estate paperwork or a larger business, on request.
Questions Port Hope clients ask first.
You're in Whitby. How does that work for a Port Hope client?
Easily. If you're looking for an accountant near Port Hope, most of our clients work with us by video, and documents and information move securely online, so there's no drive for a routine return or check-in. We're glad to help, and your first consultation is free. When it's better in person, we're about 40 minutes west on the 401 at 70 Taunton Road East in Whitby, with free parking. Port Hope is in Northumberland County, and we serve it the same way we serve the towns closer to home.
I work at Cameco with a pension. What should I be planning for?
The big levers are your RRSP room against the pension, the timing of any large RRSP contributions or withdrawals, and eventually the drawdown order in retirement (pension, RRIF, TFSA, non-registered). We look at all of it on the return each year rather than only in the spring, so the retirement plan is built long before you need it.
I own a farm near Port Hope. What's different about farm taxes?
Farming has its own rules: how income and inventory are reported, the restricted-farm-loss limits if it's part-time, and, most importantly, the capital-gains exemption on qualified farm property and the rollover that lets a farm pass to your children without triggering a full tax bill. We plan those years ahead, because the setup has to be right long before the transfer.
Can you handle an estate for a Port Hope family?
Yes. We file the final (terminal) T1 return, the T3 for any income the estate earns after death, and the returns for prior years if any were missed, then apply for the CRA clearance certificate so the executor can distribute without personal risk. We work at the family's pace, which usually matters more than speed.
Should I incorporate my Port Hope business?
Usually once the business earns comfortably more than you need to draw personally, because the small business deduction gives Port Hope business owners a lower rate on the profit you leave in the company. It also depends on your other income and your goals. We model incorporating versus staying a sole proprietor with your real numbers, and the corporate tax planning that follows, before you decide.
What accounting and tax services do you offer Port Hope clients?
The full set for the town: personal income tax returns (T1), corporate tax returns (T2), HST filings, payroll, monthly bookkeeping and financial statements, incorporation and compensation planning, plus farm and estate work and year-round tax planning and advisory. If the CRA opens a review or audit, we handle the correspondence and represent you. It all lines up, so your personal and business tax filings match instead of being stitched together at tax season.
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.