Business Details
Your Trusted Accountants in London, ON
Canadian Accounting has been delivering comprehensive accounting, tax preparation, bookkeeping, payroll, and financial advisory services for over two decades. Our expertise caters specifically to professionals in healthcare, dentistry, chiropractic care, and small businesses across Southwestern Ontario. Founded on principles of reliability and client-centric service, we prioritize personalized solutions to navigate complex financial landscapes. Our team combines deep industry knowledge with a commitment to staying current with evolving tax regulations and financial strategies.We serve clients in London, Kitchener, Guelph, Cambridge, Hamilton, and Woodstock, ensuring accessible support for both individuals and corporations. Our services extend to international tax matters, HST rebates, and business start-up guidance, reflecting our dedication to holistic financial management. With a focus on accuracy and proactive planning, we empower clients to optimize their financial health while minimizing compliance risks. Our reputation for clear communication and tailored advisory positions us as trusted partners in long-term financial success.
Services
Tax Preparation
Bookkeeping Services
Payroll Services
Financial Advisory
HST Rebate Services
Highlights and features
- Over 20 years of experience in accounting and tax services
- Specialized expertise in serving healthcare professionals and small businesses
- Founding member of the Canada Arab Chamber of Commerce
- Proven track record in HST rebate claims and international tax matters
- Personalized financial advisory tailored to client industries
Services
Tax Preparation
We offer comprehensive personal and corporate tax preparation services, including income tax returns, CRA audit representation, and international tax compliance. Our team ensures accurate filings for individuals, businesses, and corporations while identifying opportunities to minimize tax liabilities. With expertise in Canada's tax system, we handle complex scenarios such as non-resident reporting and cross-border transactions.
Bookkeeping Services
Our bookkeeping services include general ledger maintenance, financial statement preparation, and expense tracking tailored to small and medium-sized businesses. We provide monthly, quarterly, or annual reconciliation to ensure financial accuracy. By organizing transactions and generating clear reports, we help clients maintain compliance and make informed business decisions.
Payroll Services
We manage end-to-end payroll processing, including remittances for EI, CPP, and WSIB, T4/T4 summary filings, and vacation pay calculations. Our services accommodate businesses of all sizes, ensuring timely and compliant employee payments. We simplify payroll complexities so clients can focus on operational growth without compliance risks.
Financial Advisory
Our financial advisory services cover tax and estate planning, investment management, and mortgage strategies. We provide tailored guidance to individuals and businesses on protecting assets, optimizing cash flow, and achieving long-term financial goals. With 15+ years of experience, we address unique financial challenges with practical solutions.
HST Rebate Services
We specialize in maximizing HST rebates for new homebuyers in Ontario, with expertise in claiming up to $24,000 in eligible rebates. Our team assists with documentation and submission to ensure clients receive their full entitlement. This service is particularly valuable for those purchasing newly constructed homes or rental properties.
People
Mohamed Al Bayoumi
Founder & Tax Accountant
Mohamed Al Bayoumi is a seasoned accountant with 20 years of expertise in taxation, immigration, and land development. He founded Canadian Accounting to simplify financial compliance for professionals and businesses. Active in community development, he also supports immigration consulting through TLCI.
Questions
What documents are required for tax filing?
Common documents include T4/T5 slips, RRSP contributions, medical receipts, rental records, and business expense reports. Specific needs vary by individual or corporate circumstances.
What is the tax filing deadline?
The deadline for most personal tax returns is April 30. For businesses, it varies based on fiscal year-end and corporate structure.
Can I file taxes after the deadline?
Yes, but late filings may incur penalties, including 5% of the balance owing plus 1% monthly interest. File promptly to avoid delays in benefits.
How do HST rebates work for new homes?
Eligible homebuyers in Ontario may claim up to $24,000 in HST rebates for newly constructed homes. Our team assists with documentation to maximize your rebate.
Do you offer services for small businesses?
Yes, we provide accounting, payroll, tax planning, and financial advisory services tailored to small businesses, including incorporation and corporate reorganization.
