Accounting for every kind of business
From clinics to contractors to online stores, we work with owner-managed businesses of almost every kind across Toronto and the GTA.
In short: Parkway CPA provides bookkeeping, payroll, HST, year-end financial statements, corporate and personal tax, and CRA help for businesses in every industry. The list below is a sample, not a limit. If you run a business in Ontario, we can help.
Health and professional services
Doctors, dentists and health professionals
Medical and dental professional corporations, clinics and cost-sharing groups.
Pharmacies and clinics
Inventory, clinic payroll, and HST on the sales that are taxable.
Engineers, architects and other professionals
Professional corporations, work in progress, billing and owner pay.
Consultants and IT contractors
Incorporated consultants, owner-only payroll, and the personal services business rules for contractors with one main client.
Marketing, design and creative agencies
Project profitability, contractor payments and owner pay.
Food, retail and hospitality
Restaurants, cafés and franchises
Books built from POS reports and franchisor statements, HST and staff payroll.
Retail stores
POS reconciliations, inventory counts and HST.
E-commerce and online sellers
Shopify, Amazon and Etsy sales, payment processor reconciliations and HST on online sales.
Catering, events and hospitality
Customer deposits, seasonal staff and HST.
Construction, trades and real estate
Builders and contractors
HST on new construction, T5018 subcontractor reporting, WSIB and job costing.
Electricians, plumbers, HVAC and renovators
Vehicles and tools, holdbacks, WSIB and HST.
Real estate agents
Commission income, vehicle and marketing expenses, and HST.
Landlords and property investors
Rental income, capital cost allowance, HST on new rental housing and selling a property.
Cleaning, landscaping and property maintenance
Seasonal staff, contractor payments and equipment.
Transportation, auto and trade
Trucking and owner-operators
Truck and trailer depreciation, fuel, travel expenses and HST input tax credits.
Uber, taxi and delivery drivers
HST registration for ride-sharing, vehicle expenses and instalments.
Auto repair, sales and detailing
Parts inventory, shop payroll and HST.
Import, export and wholesale
Customs duties, foreign exchange, inventory and HST on imports.
Manufacturing
Inventory and production costs, equipment and payroll.
Personal services, education and care
Salons, barbers and spas
Employees or chair rentals, tips, product sales and HST.
Daycares, tutoring and private schools
Fees, government funding, staff payroll and year-end statements.
Fitness studios and personal trainers
Memberships, contract trainers and HST.
Home care and support services
Staff payroll, WSIB and contractor questions.
Investors, families and organizations
Holding companies and investors
Corporate investment accounts, passive income and moving money between companies.
Family businesses
Succession, estate freezes and bringing the next generation in.
Non-profits, clubs and associations
Year-end financial statements, reports for the board and non-profit information returns.
Starting out
Newcomers to Canada
Starting or buying a business in Canada, set up properly from the first day.
Start-ups and new businesses
Registering or incorporating, HST and payroll accounts, and setting up the books.
Self-employed and sole proprietors
Personal returns with business income, deductions, CPP and instalments.
Don’t see your business? Call us at 416-519-0787. Whatever you do, the basics are the same: clean books, taxes filed on time, and advice before decisions, not after.
Get 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.