At SRJ we are committed to providing our clients with world class service. Known for our professional development and tax accounting services we provide services to numerous industries and associations across the GTA.
With locations in Toronto, Mississauga and Oakville to serve you better, we expertly guide you on developing and maintaining a healthy financial profile.
Toronto Accounting Firm
Whether you need the back-office support that includes payroll services, monthly reporting, tax advisory or simply just someone to prepare and file your taxes, SRJ can help. Using technology, we can streamline the accounting function of your business. Whether it's paying vendors or keeping receipts, technology is our friend and we can help automate many of the mundane things that you hate doing to allow you to spend more time on managing your business.
Doctors
Own a clinic or work in a hospital? We’ll structure your practice to minimize tax liability.
Consultants
Sole proprietor or small firm? We’ll structure your consulting practice to save big on taxes.
Chiropractors
Are you a new OCA grad? Contact us for a special deal on our tax and bookkeeping package.
Why Choose SRJ as Your
Toronto Accounting Firm?
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Chartered Professional Accountants
We’re a group of dedicated Chartered Professional Accountants who can help put more of your hard earned money back in your pocket. -
One Stop Firm
We can handle all your accounting needs including book keeping, corporate tax filings, personal tax filings, HST, payroll and more. -
Small Business Focus
We work exclusively with small business owners. Our goal is to ensure your business and your personal finances are where they should be.
clients say!
"I was looking for someone who knew me, not knew my business number, who knew who I was and what I needed. They planned and they sat with me, and the time wasn’t the issue. They were willing to spend enough time with me to get me where I wanted to go. It was the most important quality I could’ve found in somebody, and it kind of resembled what we deliver in my office to our clients. So, it was a no-brainer at that point."
Abraham Top Partner, Diamond & Diamond Lawyers
An Accounting Firm in Toronto to
Help Grow Your Business
Personal Tax Returns
Don’t let a piece of software do your taxes. Let our Toronto accounting firm optimize your personal tax returns to put more of that hard earned money back in your pocket.
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Tax Planning Strategies
Do you have a retirement plan? Is your estate planning in order? We’ll put together a tax planning strategy to maximize your net worth and minimize your tax bill for the long haul.
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GST/HST Housing Rebate
The GST/HST Housing Rebate is a rebate provided to home buyers to apply for a refund on GST/HST paid on their homes.
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Tax Credits
Are you eligible for a specialty tax credit? Need someone to review your claim? Our accounting firm Toronto will take care of your personal tax situation and maximize your refund.
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Corporate Tax Returns
We ensure timely and accurate filing, adhering to the six-month post-fiscal period deadline.
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Incorporation
Are you thinking of incorporating? We are well equipped to handle provincial, federal and Professional Incorporations.
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SR&ED
The Scientific Research and Experimental Development Program (SR&ED) is a tax incentive program offered by the Canadian government to companies who innovate.
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Bookkeeping
SRJ accounting firm Toronto has a team of proficient & professionals bookkeepers that can help to set up a new small business or clean-up an existing large company at competitive prices.
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Financial Statements
You need reliable and accurate financial statements to make better business decisions. We’ll help prepare those for your large or small business.
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Professional Corporations
Businesses that provide professional services may be required to a register their corporation as a professional corporation.
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Valuation
SRJ employs an in-house Chartered Business Valuator in order to assist you with your valuation needs.
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Litigation Support
We help lawyers prepare questions for discovery, provide expert testimony in court, and review the opposing expert’s report.
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Estate Planning
We will guide you and your family through the estate planning process. We will devise a plan that suits your needs and ensure that we maximize the value of the estate.
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Forecasting & Budgeting
Budgeting is an important component of financial success for any business. A budget is a business’s financial plan to better manage monthly, quarterly and annual cash inflows and outflows.
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What's The Difference Between Bookkeepers And Accountants?
Bookkeepers are in responsible for recording financial transactions and keeping correct financial records such as accounts payable and receivable. Accountants, on the other hand, analyse financial data provided by bookkeepers to prepare reports such as notice to reader financial statements and corporate tax returns. They also offer financial advice and counseling to assist small and medium-sized business owners in making sound business decisions.
How Much Does an Accountant Cost in Toronto?
The cost for an accountant in Toronto may vary depending on their experience level, the depth of your accounting requirements, and the time required to complete the work. Our hourly rates at SRJ Chartered Accountants for accounting and tax services range from $120 to $400 per hour.
We also provide custom service packages that can be modified to meet your requirements and budget. We provide a free consultation during which we may go over your demands and provide you with a quote so that you can better understand the price of our services. Get in contact with us right now to schedule your consultation.
What is The Best Online Accounting System?
The best online accounting system depends on your business needs and budget. At SRJ Chartered Accountants, we recommend using QuickBooks Online, Sage, Wave or Xero for small to medium-sized businesses. These systems offer a range of features, such as invoicing, expense tracking, and financial reporting.
QuickBooks Online starts at $20 monthly for their basic plan, while Xero is $11 monthly. These prices can vary bases on your region and the type of software being utilized. Both systems offer mobile apps, integrations with other business tools, and excellent customer support. Our team of accounting experts can help you choose the right system for your business and assist with setup and training. Contact us today to learn more.
What is The Best Online Accounting Service for Startups?
We understand how challenging it can be for startups to find the best online accounting service that fits their needs and budget. We recommend considering several factors, including your budget, the level of support needed, and ease of use. As a reputable accounting firm, we suggest exploring popular options like our cloud accounting services which use progressive software such as QBO,Xero, and Wave, which offer comprehensive bookkeeping, and financial reporting features.
We encourage you to research each option and determine which suits your unique startup venture best. At SRJ, we are always here to support and guide you in making the right decision for your business.
Why Should I Hire an Accounting Firm?
Hiring an accounting firm can provide numerous advantages for your business. They can save you time managing finances, provide expert guidance, and ensure compliance with tax laws to avoid penalties. By engaging with an accounting firm, you can have more peace of mind and focus on developing your business. When considering online accounting services for your business, remember to consider the budget, support services offered, and ease of navigation, and research which is best suited for your needs.
Why are Accounting Services Important?
Accounting services are crucial for any business, regardless of size or type. You can effectively manage your finances and make informed decisions by maintaining accurate financial records and reports. Accounting services also ensure compliance with tax laws and regulations, reducing the risk of penalties or fines.
Moreover, these services can help identify areas where costs can be reduced, and profits increased, laying a strong foundation for the future of your business. With detailed financial information, you can confidently make strategic decisions to foster growth and success in your venture.
What Should I Look for When Hiring an Accounting Company?
When selecting an accounting company, it's crucial to do your research. Look for a firm with relevant industry experience and proper credentials, like a CPA designation. Also, consider their ability to communicate financial information in a way you can understand. Reputation and reviews from past clients should also be taken into account.
Lastly, ensure their fees fit your budget. Considering these factors will help you find an accounting company that best suits your business's needs.
What Accounting Services Does SRJ Offer?
As a reputable accounting firm, SRJ offers various services to benefit businesses of all sizes. These services include bookkeeping, payroll management, tax preparation, and financial reporting. Our team of experienced professionals is dedicated to providing personalized, attentive services to ensure your financial records are accurate and up-to-date.
What Qualifications Do SRJ Professionals Hold?
The professionals at SRJ hold various certifications and designations, including:
- Chartered Professional Accountant (CPA)
- ACCA
- Certified Public Accountant (CPA)
What are the 5 Main Purposes of Accounting?
The 5 main purposes of accounting are to:
- Provide financial information for decision-making
- Track and manage income and expenses
- Comply with tax and regulatory requirements
- Monitor the financial health of a business
- Facilitate communication with stakeholders (e.g. investors, creditors).
When choosing an accounting firm, it's important to consider their credentials, communication skills, reputation, and fees to ensure they can effectively serve these purposes for your business.
Taxes can be complicated. That's why we're here to help! At SRJ, we are not just your tax preparers. We are your advisors, your partners and your source of knowledge when it comes to taxes and all things accounting in Toronto & Mississauga.