Corporate tax accountant for startups in Toronto and the GTA

A startup still has to file, even before the first dollar of revenue. Listed accountants on our platform set up the books, file the T2 and HST, and keep founder draws and expenses in order while you build the product.

Early companies mix incorporation costs, founder salaries, contractor invoices and software subscriptions, often paid from a personal card. That gets messy fast if nobody is categorizing it.

The accountants listed here also file nil returns for inactive years and explain what changes once you hire or cross the HST threshold.

What is handled for startups

1. 1

   Corporate tax filing (T2)

   Your return is filed every year, including a nil return if the company has not earned revenue yet.

2. 2

   Books from the first month

   Bank, card and founder expenses are categorized monthly so you are not rebuilding a year of receipts later.

3. 3

   HST

   You are told when registration is required, and returns are filed once you are registered, including ITCs on startup costs.

4. 4

   Paying founders

   Salary, dividends and money you put into the company are tracked so shareholder loans do not become a surprise.

5. 5

   Contractors

   Invoices from contractors are recorded and T4A slips are filed when they are required.

6. 6

   First hires

   Payroll is set up when you bring on employees, with remittances and T4s from the first pay run.

Who this helps