Business Details
25 Years
experience
Trusted Accountants in St. Thomas, Ontario
Mark A Wales CA & Co. Accounting & Taxes has been serving individuals and businesses in St. Thomas, London, and Simcoe, Ontario since 2001. Our firm specializes in personalized tax solutions, bookkeeping, and financial guidance tailored to meet the unique needs of clients across diverse industries. With a focus on accuracy and compliance, we provide comprehensive services including personal tax returns, small business taxation, corporate tax filings, and estate planning support. Our principal, Mark A Wales CA & Co. Accounting & Taxes, brings extensive experience from his training at Wilfrid Laurier University and over two decades of practice in regional and local accounting firms. We prioritize client education through accessible resources like our newsletter publications and curated external links to government agencies. Our commitment to quality service is demonstrated through our E-filing capabilities, historic tax return preparation, and ongoing support for business operations.By maintaining offices in three key locations, we ensure convenient access to professional accounting services for communities across southwestern Ontario. Our team stays current with evolving tax regulations, including recent changes like the 2023 Enhanced Trust Reporting Rules, to provide timely and accurate advice. We work closely with clients to develop customized financial strategies that address both immediate needs and long-term objectives. This dedication to personalized service has allowed us to build lasting relationships with clients while maintaining the highest standards of professional integrity.
Services
Personal Tax Returns
Small Business Taxes
Corporate Tax Services
Estate Tax Returns
Bookkeeping
Payroll Services
Tax Compliance
CRA Representation
Financial Analysis
Business Start-up Support
Details
- Year established: 2001
Highlights and features
- We offer 20+ years of accounting experience since 2001
- Our team provides personalized service across three Ontario locations
- We specialize in both personal and corporate tax compliance
- Our principal holds a Bachelor of Business Administration degree
- We maintain expertise in evolving tax regulations like ETRR
Services
Personal Tax Returns
We prepare complete personal tax returns for employed, self-employed, and unemployed individuals. Our services include E-filing eligible returns per CRA regulations and preparing both current and historic tax filings. Our experienced team ensures accurate reporting of all income sources while maximizing eligible deductions and credits to optimize tax outcomes for residents across southwestern Ontario.
Small Business Taxes
Comprehensive tax services for sole proprietorships and partnerships covering income taxes, HST, payroll, EHT, and WSIB requirements. We support businesses across all industries with tax compliance and financial reporting. Our expertise includes navigating complex tax scenarios for new ventures and established operations throughout St. Thomas, London, and Simcoe regions.
Corporate Tax Services
Full-service corporate tax preparation for various business structures including single shareholder corporations, multi-owner entities, and non-profits. We handle complex tax considerations like shareholder loans, automobile benefits, and estate freezes. Our services ensure compliance with CRA requirements while optimizing corporate tax positions for businesses in southwestern Ontario.
Estate Tax Returns
Specialized estate tax services including final returns, rights and things returns, and ongoing estate tax filings. We collaborate with legal professionals to develop comprehensive estate plans that minimize post-mortem complications. Our team assists executors with tax obligations for estates across St. Thomas, London, and Simcoe areas.
Bookkeeping
Ongoing bookkeeping services including monthly financial statements, ratio analysis, and CRA compliance support. We provide regular payroll calculations and annual T4 reconciliations for businesses of all sizes. Our systematic approach ensures accurate financial records that support informed business decisions for clients in southwestern Ontario.
People
Mark Wales
Principal
Mark A Wales CA & Co. Accounting & Taxes has provided accounting services since 2001 after graduating from Wilfrid Laurier University with a Bachelor of Business Administration. He gained extensive experience in regional firms before establishing his practice in St. Thomas in 2010. Now operating across three locations, he serves clients with personalized tax and financial solutions.
Questions
What accounting services do you offer for small businesses?
We provide complete small business tax services including income tax preparation, HST filings, payroll processing, and WSIB/EHT compliance for sole proprietorships and partnerships across St. Thomas, London, and Simcoe.
Do you handle corporate tax filings?
Yes, we prepare T2 corporate tax returns for various business structures including single shareholder corporations, multi-owner entities, and non-profits with specialized attention to complex tax considerations.
What personal tax services are available?
We offer full personal tax return (T1) services for employed, self-employed, and unemployed individuals including E-filing and historic return preparation for residents of St. Thomas, London, and Simcoe.
Do you assist with estate tax matters?
Yes, we prepare estate tax returns including final returns, rights and things returns, and ongoing T3 estate filings while collaborating with legal professionals for comprehensive estate planning.
What areas do you serve?
We serve clients in St. Thomas, London, and Simcoe, Ontario with accounting and tax services from our multiple office locations across southwestern Ontario.
