7 Professional Tax Services Toronto Businesses and Individuals Trust

At Torontax, we offer a comprehensive range of tax services in Toronto designed to meet the needs of individuals, freelancers, and businesses of all sizes. We provide accurate, affordable and reliable tax preparation, bookkeeping, payroll management, and business advisory services throughout the Greater Toronto Area.

Our Complete Range of Tax Services in Toronto

Personal Tax Filing (T1 Returns)

Our personal tax filing service covers everything from simple employment income returns to complex filings involving rental income, capital gains, stock options, and foreign assets. We review your situation to identify the deductions and credits you are eligible to claim, and prepare your return accurately. Eligible returns are filed electronically with the Canada Revenue Agency (CRA).

Corporate Tax Filing (T2 Returns)

Toronto businesses trust our corporate tax services for accurate T2 preparation, year-end financial statement preparation (charged separately) and tax planning. We help you identify eligible deductions and plan for your corporate tax obligations through proper expense categorization, salary versus dividend optimization, and small business deduction planning.

Self-Employed and Freelancer Tax Filing

Our self-employed tax service helps freelancers, contractors, and gig workers navigate the complexities of business income reporting. We identify the business deductions you are eligible to claim, handle GST/HST obligations, and advise on quarterly instalment payments to keep you compliant year-round.

Bookkeeping and Accounting

Our professional bookkeeping services keep your financial records organized. We handle monthly reconciliations, accounts payable and receivable, financial statement preparation, and year-end cleanup using QuickBooks, our principal bookkeeping platform.

Payroll Services

Simplify your business operations with our payroll services. We manage pay runs, T4 and, where applicable, T4A year-end reporting, source deduction remittances, ROE filing, and year-end payroll reconciliation to help your business meet its payroll obligations to the CRA and Service Canada. Payroll services are available to employers in every province and territory except Quebec.

GST/HST Registration and Filing

Our GST/HST filing service covers business number registration, quarterly and annual returns, and help identifying potential input tax credits based on eligible purchases, business use, and the receipts you provide. We can help organize documents and prepare responses to CRA letters once the scope and fee are confirmed in writing. We prepare your return from the records you provide.

Business Incorporation

Ready to incorporate? Our business incorporation service handles federal and Ontario incorporation, articles of incorporation preparation, and complete post-incorporation tax setup including business number registration and HST registration. We also prepare Ontario and federal annual returns, filings recording properly authorized director changes, and dissolution and revival filings.

Areas We Serve Across the GTA

We provide tax services to clients across Toronto and the Greater Toronto Area, including Scarborough, Etobicoke, North York, Mississauga, Brampton, Richmond Hill, Markham, and Vaughan. Our remote filing service makes professional tax preparation accessible from anywhere in Canada except Quebec.

Get Started With a Free Consultation

Contact Torontax today at (437) 410-7999 to schedule your free consultation. Whether you need personal tax filing, corporate tax preparation, bookkeeping, or any of our other tax services in Toronto, we are ready to help you save time and money on your taxes.

Why Toronto Businesses Choose Our Tax Services

Toronto businesses face unique tax challenges that require specialized expertise. From navigating HST obligations for multi-provincial operations to structuring shareholder compensation tax-efficiently, we have the knowledge and experience to handle complex business tax situations. We work with businesses across all industries including technology, healthcare, construction, retail, food service, professional services, and real estate investment.

Our proactive approach to tax services means we do not simply file your returns at year-end. We work with you throughout the year to identify tax-saving opportunities, plan major business decisions, and help keep your financial records organized and up to date. This ongoing relationship helps our Toronto clients plan ahead and meet CRA requirements. We are available year-round to answer questions, review financial decisions and provide tax advice when you need it.

Personalized Strategies for Your Tax Situation

Every client receives personal attention. We review your complete financial picture to identify opportunities for savings and develop strategies that align with your goals. Contact us for a free consultation to see how we can help.

Year-Round Support and CRA Correspondence

If the CRA sends a notice about a return we prepared, we explain it at no charge. Work outside the agreed scope is quoted in writing before it begins. We are available year-round, not only in tax season.

Schedule Your Free Consultation

Ready to get started? We are available for in-person appointments at our Scarborough office and through our remote filing service for clients across Canada, except Quebec. With 200+ five-star Google reviews, we are the trusted choice for tax preparation, corporate filing, and bookkeeping. Contact Torontax today to get started.

Related services

• Personal tax filing — T1 returns for employees, families, students, seniors and newcomers
• Corporate tax (T2) filing — year-end returns and tax planning for incorporated businesses
• Bookkeeping and accounting — monthly reconciliations and organized financial records for tax filing
• Remote tax filing — send your documents and complete your return without visiting the office

Professional Tax Preparation Services in Toronto

As a full-service accounting firm in Toronto, Torontax delivers professional tax preparation services tailored to your needs. From straightforward personal tax returns to complex corporate filings, our income tax professionals handle every aspect of your tax obligations. Our services include T1 personal returns (including rental income and non-resident section 216 returns), self-employed returns, T2 corporate returns, bookkeeping and financial statements, payroll, GST/HST registration and filing, business and business-name registration, Ontario and federal incorporation, corporate annual returns and other registry filings, help organizing documents and preparing responses to CRA letters once the scope and fee are confirmed in writing, and help applying for the Canada Child Benefit and Employment Insurance. Whether you visit us in person or file remotely, you receive the same personal attention.