Your small business CPA in North York
Bookkeeping, corporate tax, HST, payroll and CRA audit help for owner-managed businesses across Toronto. Every file is reviewed by Wade Halabi, CPA, who has run this practice for more than 25 years.
- Experience
- 25+ years in practice
- Designation
- Chartered Professional Accountant
- Office
- Near Fairview Mall, North York
Your year, handled
Typical incorporated client- Your file moved from your old accountant
- Bookkeeping reconciled to the bank
- HST returns filed on time
- Payroll, remittances and T4s
- Year-end financial statements
- T2 corporate tax return
- Salary or dividend plan for you
- CRA letters answered for you
Accounting and tax services for Toronto small businesses
Most of our clients are owner-managed companies and incorporated professionals. We handle the routine work every month and give you a straight answer when a bigger decision comes up.
Small business accounting
Year-round accounting, year-end statements and straight advice for owner-managed businesses.
Bookkeeping
Monthly or quarterly bookkeeping in QuickBooks, reconciled and ready for HST and year-end.
Payroll
Pay runs, CRA remittances, T4s, ROEs, WSIB and Employer Health Tax.
Corporate tax returns (T2)
T2 corporate tax returns, year-end statements, T5 slips and instalments, filed on time.
Personal and self-employed tax
T1 returns for owners, sole proprietors, landlords and their families.
Tax planning
Corporate and personal tax planning: salary or dividends, family income and planning for a sale.
Asset protection
Protect business profits, investments and property by holding them in a separate company.
Estate planning
Estate freezes, multiple wills and family trusts so more of your wealth reaches your family.
Incorporation and new business
Whether to incorporate, how to structure shares, and getting set up properly.
Statements for bank financing
Compiled financial statements, projections and business plans for loans and leases.
CRA audit help
We deal with CRA for you, from the first letter to the final reassessment.
Fixed monthly packages
One predictable monthly fee for bookkeeping, HST, year-end and tax, agreed in writing before any work starts. Growing and Established include payroll for your own salary; payroll for employees can be added to any package.
Small Business
From$349 a month + HST
Incorporated businesses with simple books. Up to 50 transactions a month.
Growing Business
From$649 a month + HST
Growing businesses that want monthly numbers and tax planning. Up to 150 transactions a month.
Established Business
From$1,199 a month + HST
Established businesses and owners with a holding company. Up to 400 transactions a month.
What clients say
“Wade has been my business and personal accountant for over 20 years. He’s a great professional and I have referred many of my friends and family to him.”
“Excellent service. I came in to see Wade with a major tax issue. I received great and honest advice at a good price.”
“Very professional, and they provide quick and accurate services. I would strongly encourage you to use them for business accounting and personal income taxes.”
“Wade is an amazing accountant with loads of experience. Very happy using his services. Highly recommended.”
Businesses we help
From clinics to contractors to online stores, we work with owner-managed businesses of almost every kind. Here are some of them.
Doctors, dentists and health professionals
Medical and dental professional corporations, clinics and cost-sharing groups.
Restaurants and franchises
Books built from POS reports and franchisor statements, HST and staff payroll.
Builders, contractors and trades
HST on new construction, subcontractor reporting, WSIB and job costing.
Retail and e-commerce
POS and online sales, payment processors, inventory and HST.
Consultants and professionals
Incorporated consultants, engineers, architects and agencies, and how to pay yourself.
Trucking, auto and transportation
Owner-operators, repair shops and drivers: vehicles, fuel and HST.
Real estate agents and landlords
Commission income, rental properties and selling a property.
Holding companies and investors
Corporate investment accounts, passive income and moving money between companies.
Newcomers and new businesses
Starting or buying a business in Canada, set up properly from the first day.
A CPA who knows your file
Owners come to us when they want an accountant who stays involved all year, not just at tax time.
- A CPA reviews your work. Every financial statement and tax return is reviewed by Wade Halabi, CPA before it goes to you or to CRA.
- 25 years of dealing with CRA. When CRA writes, you’re not on your own. We’ve represented clients in CRA audits for more than 25 years.
- One firm for the whole picture. Bookkeeping, payroll, corporate and personal tax under one roof, so nothing falls between two accountants.
- A network when you need it. We work alongside bankers, lawyers and immigration consultants, and can introduce you when you need one.
- Clients stay for decades. Many of our clients have been with us for more than 20 years.
Switching accountants is simpler than it sounds
We take care of transferring your accounting file from your old accountant to our firm, at any point in the year. You sign once.
Free consultation
Tell us about your business. We look at where things stand and give you a quote.
We collect your files
With your permission we request prior-year files from your old accountant and get authorized with CRA.
We set your calendar
Bookkeeping, HST, payroll and year-end deadlines, so you always know what’s due and when.
Free tools for business owners
Quick answers you can use today, no sign-up needed.
HST calculator
Add or remove 13% HST and check whether you must register.
Incorporation tax savings calculator
Estimate the tax you could defer each year by incorporating.
2027 tax deadlines
Every key CRA and Ontario deadline for business owners.
Salary vs dividends calculator
Compare paying yourself salary, dividends or a mix, after tax and CPP.
Questions owners ask before they call
How much does a small business accountant cost in Toronto?
It depends mostly on how many transactions you have, whether you’re incorporated, whether you run payroll and what shape your records are in. A sole proprietor with a few hundred transactions a year costs far less than a corporation with staff and monthly HST. Our fixed monthly packages start from $349 a month plus HST, and you get a written quote after a free consultation, so you know the cost before any work starts.
Do I need a CPA, or is a bookkeeper enough?
A bookkeeper records your transactions. A CPA can also prepare financial statements for your bank, file your corporate tax return, plan how you pay yourself and represent you with CRA. Many businesses need both. We provide both, so the books are kept the way your year-end and tax return need them.
Can you take over from my current accountant partway through the year?
Yes, and we take care of the transfer. With your written permission we request your prior-year statements, returns, working papers and QuickBooks file from your previous accountant, get authorized with CRA and pick up from the last completed period. It’s included with every package, and you don’t need to have an awkward conversation yourself.
Do you work with clients outside North York?
Yes. Our office is in North York, but we work with clients across Toronto and the GTA, and much of the work can be done by phone, email and secure file sharing. You’re welcome to meet at the office whenever you prefer.
Visit our North York office
Parkway CPA, Wade Halabi, CPA103 Parkway Forest Drive, 2nd Floor, Unit 46
Toronto (North York), ON M2J 1L8
416-519-0787
info@parkwaycpa.ca
Hours: Monday to Friday, 9 a.m. to 5 p.m.
Near Fairview Mall and Don Mills subway station, a few minutes from Highway 401, Highway 404 and the Don Valley Parkway.
We serve North York, Don Mills, Willowdale, Henry Farm, Don Valley Village, Scarborough, East York, Markham, Richmond Hill and Thornhill, and clients across Ontario online.
Get directionsGet a clear answer from a CPA
Tell us what’s going on with your business. The first consultation is free, and you’ll know the cost before we start.