Small Business & Legal Bookkeeping Services East York

Online Bookkeeping Services East York for Professionals, Clinics, Trades & Service Businesses. Helping East York Businesses Stay Organized, Compliant, and Focused on Business Growth.

East York is a diverse and vibrant part of Toronto—home to a mix of independent professionals, lawyers, clinics, local trades, eCommerce, startups, and family-run storefronts. Whether you’re a lawyer, a consultant working remotely, a chiropractor running a medical corporation, or an auto service owner near O’Connor Drive, managing accurate and CRA-compliant books is essential. At MAQ CPA accounting firm, our professional bookkeepers for law firms and small businesses offer Accounting and Bookkeeping Services East York tailored to lawyers, small business owners, healthcare professionals, tradespeople, and incorporated consultants. Our services help you stay on top of your numbers, navigate tax deadlines, and focus on what matters most—growing your business.

Who We Help: Bookkeeping Services Built for East York Small Business, Professionals and Trades

[A] Medical Clinics & Health Professionals (MPCs)

Whether you run a chiropractic clinic near Pape Avenue or practice family medicine in a shared office space, your Medical Professional Corporation (MPC) comes with unique accounting needs. OHIP payments, cosmetic services, and payroll require proper classification to avoid CRA issues and stay compliant with your college’s standards.

What We Offer:

  • OHIP/private billing tracking
  • GST/HST classification for taxable services
  • Expense and asset tracking (CCA for equipment)
  • Payroll processing and remittances
  • Associate payment breakdowns
  • Year-end prep for T2 corporate filings

FAQs – East York Bookkeeper and Bookkeeping Services for Medical Clinics & MPCs

Q1: Do I need to charge HST on medical services?

No, not for OHIP-covered services. However, wellness, cosmetic, and some therapy services are taxable. We’ll help you categorize everything properly.

Q2: Can I deduct my EMR software and clinic tools?

Yes. Software and tools are deductible, and major assets are tracked under Capital Cost Allowance (CCA).

Q3: How should I pay myself from my MPC?

We track salary, dividends, and shareholder loans—so you remain tax-efficient and compliant.

Q4: Do you help with staff payroll and WSIB?

Absolutely. We manage full payroll cycles, deductions, T4s, WSIB filings, and ROEs.

Q5: Can you help with college audit requirements?

Yes—we maintain professional, audit-ready books suitable for CRA and medical college reviews.

[B] Tradespeople & Construction Contractors

From roofers and electricians to painters and landscapers, trades in East York need organized books to ensure cash flow, meet CRA obligations, and manage subcontractors.

What We Offer:

  • Job costing and project-based tracking
  • GST/HST registration and filing
  • Payroll, T4s, WSIB and T5018 slip preparation
  • Deductible tracking for fuel, tools, vehicle use
  • Catch-up bookkeeping services for seasonal workers

FAQs – East York Bookkeeper and Bookkeeping Services for Construction Contractors

Q1: Do I need to issue T5018 slips to subcontractors?

Yes—if you’re in construction and pay subcontractors over $500/year. We handle all filings.

Q2: What can I write off as a contractor?

Tools, fuel, maintenance, job materials, and even a portion of your home office—when properly tracked.

Q3: Can you track profitability per job?

Yes—we offer job-specific tracking to show how much you earn (or lose) per project.

Q4: Do you handle WSIB and payroll?

Yes. We set up and manage payroll, submit source deductions, WSIB, and issue year-end slips.

Q5: I work seasonally—can I pause service?

Yes—our services are flexible for seasonal business models.

[C] Incorporated Consultants & Professionals

East York has many professionals—realtors, IT consultants, engineers, lawyers, designers—who operate through corporations to manage taxes more effectively. We ensure your records stay accurate and legally optimized.

What We Offer:

  • Salary/dividend tracking and remuneration strategy
  • GST/HST registration and filings
  • CRA-ready books and payroll
  • Home office and professional expense deductions
  • Year-end T2 support and reconciliation

FAQs – East York Bookkeeper and Bookkeeping for Incorporated Professionals

Q1: What’s better—salary or dividends?

Both have pros and cons. We help you track each option correctly and work with your tax strategy.

Q2: Can I deduct software and digital subscriptions?

Yes—if they’re used for your business. We ensure proper classification for maximum deduction.

Q3: Do you track reimbursable expenses?

Yes. We can track business expenses paid personally and reimburse them properly.

Q4: Can you help with CRA correspondence?

Absolutely. We handle all CRA queries, reviews, and audits for our clients.

Q5: Do I need bookkeeping if I have few transactions?

Yes—even with low volume, CRA requires accurate and up-to-date records. We offer plans scaled to your needs.

[D] Local Retailers & eCommerce Businesses

East York’s retail and online sales scene is thriving, from local shopfronts to at-home entrepreneurs selling via Shopify, Amazon, or Etsy. These businesses face challenges with inventory, payment processors, and HST filing across provinces.

What We Offer:

  • Integration with POS and eCommerce platforms
  • Inventory and cost of goods sold (COGS) tracking
  • Stripe, PayPal, and Shopify reconciliation
  • HST returns and cross-border considerations
  • Monthly sales reporting and financials

FAQs – East York Bookkeeper and Bookkeeping Services for eCommerce & Retail

Q1: Can you connect Shopify and QuickBooks?

Yes—your eCommerce platform can be synced with QuickBooks or Xero for automatic data entry.

Q2: How do I track inventory and COGS?

We can use cloud tools to monitor inventory levels and ensure proper COGS tracking for accurate profit margins.

Q3: What are my HST obligations?

Most sales in Canada are subject to HST. We ensure correct registration, collection, and remittance.

Q4: Can you support multi-channel sellers?

Absolutely—we support sellers on Amazon, Etsy, Shopify, Walmart, eBay and more.

Q5: I’m a part-time seller—do I still need bookkeeping?

Yes. CRA requires recordkeeping regardless of business size. We offer affordable packages for side businesses.

What’s Included in MAQ CPA firm’s East York Bookkeeping Services

✅ Monthly/quarterly bookkeeping

✅ GST/HST registration, tracking, and remittances

✅ Payroll processing (Wagepoint, CRA deductions, WSIB, EHT)

✅ T-slip preparation (T4, T5, T5018)

✅ Catch-up and cleanup bookkeeping

✅ Capital asset tracking (CCA classes)

✅ Year-end-ready financials (for T1 and T2 returns)

✅ POS, Shopify, Stripe, PayPal integration

✅ CRA audit support and documentation assistance

✅ Industry-specific chart of accounts

✅ Support for incorporated and sole proprietor businesses and professionals

How MAQ CPA Help You Stay CRA-Compliant

CRA requirements apply whether you’re incorporated or self-employed. From HST to payroll to expense categorization, we make sure every part of your bookkeeping is compliant.

CRA Areas We Cover:

  • GST/HST filing accuracy
  • Payroll deductions and WSIB remittances
  • T-slip compliance (T4, T5, T5018)
  • Expense and capital asset tracking
  • 6-year record retention at your end
  • Proper business-vs-personal separation

Check CRA Recordkeeping Requirements

Why Choose MAQ CPA for Bookkeeping in East York

👨‍💼 Licensed CPAs with 10+ years of experience

🏢 Local knowledge of East York business needs

🧾 Industry-specific systems for lawyers, clinics, contractors, consultants, retail and eCommerce

📊 Cloud-based, CRA-compliant processes

💸 Fixed monthly pricing (no surprise bills)

🔄 Seamless integration with tax services

📍 Remote support

✅ Trusted by Ontario small businesses

General FAQs – Bookkeeping Services East York

1. What does bookkeeping cost in East York?

Packages typically start at $300/month, increases based on business complexity and volume.

2. Can you help me if I haven’t done bookkeeping in a year?

Yes—we specialize in catch-up and cleanup bookkeeping for sole proprietors and corporations.

3. Do I need to use specific software?

We support QuickBooks Online, Xero, and cloud tools tailored to your industry, and we’ll recommend the right platform.

4. Can you also file my taxes?

Yes—we offer T1 (personal) and T2 (corporate) tax filing bundled with our bookkeeping services.

5. Is remote bookkeeping available in East York?

Yes—we offer secure, cloud-based services with optional in-person consultations.

Your Books, Done Right—So You Can Focus on Running Your East York Business and Profession

Whether you’re managing patients, staff, jobsites, inventory, or invoices—bookkeeping is one task that should never be left to chance. At MAQ CPA bookkeeping and accounting firm, we offer accurate, transparent, and CRA-ready bookkeeping services in East York tailored to how you work and where you want your business to go.

Serving East York, Danforth Village, Thorncliffe, Leaside, and surrounding Toronto neighbourhoods. Let MAQ CPA business bookkeepers East York take the bookkeeping off your plate—so you can focus on growing your business.

Ready to Get Started? Book a Consultation Today!

📧 Email: info@maqcpa.ca
📞 Phone: 416-901-4126