Navigating the Canadian tax system can be complex — we’re here to make it simple, accurate, and strategic. At Balachandran CPA Professional Corporation, we provide comprehensive tax services for individuals, incorporated businesses, owner-managed companies, and growing enterprises across Toronto and the Greater Toronto Area. Our focus is on ensuring full compliance while maximizing every tax-planning opportunity available to you.

We offer a complete suite of Canadian tax services, including:

• Corporate tax (T2) return preparation and year-end filings

• Complex personal tax (T1) return preparation, including self-employment and investment reporting

• Trust and estate (T3) tax return preparation for executors, trustees, and beneficiaries

• Partnership Information Returns and T5013 filings for multi-partner businesses

• Non-Profit Information Returns (T1044) and Registered Charity Information Returns (T3010)

• Tax planning and tax optimization strategies for corporations and individuals

• T4, T5, and other information slip preparation for payroll and investment reporting

• Voluntary Disclosures Program (VDP) filings to correct past non-compliance

• CRA audit support and representation for both individuals and corporations

• Tax compliance for owner-managed businesses, including year-round advisory

• Capital gains, rental income, and investment income reporting

Our goal is simple: deliver clarity, reduce tax risk, and help you keep more of what you earn — with a trusted partner guiding you every step of the way.

We provide accurate, timely, and customized accounting solutions designed to support your day-to-day business operations and ensure full compliance with Canadian reporting requirements. Our goal is to help you stay organized, strengthen your financial clarity, and make informed decisions with confidence.

Our professional accounting services include:

• Financial statement preparation (Notice to Reader / Compilation Engagements) for small, medium, and owner-managed businesses

• Bookkeeping services on a monthly, quarterly, or annual basis to keep your records clean, current, and audit-ready

• Payroll processing and source deductions, ensuring employees are paid accurately and CRA remittances are always on time

• GST/HST and other sales tax filings for corporations, sole proprietors, and professional service businesses

• QuickBooks and Sage accounting system support, setup, and troubleshooting

• Year-end accounting adjustments and reconciliations to finalize your books and prepare for tax season

Our accounting services are built for efficiency, accuracy, and reliability — giving you the financial foundation you need to operate smoothly and grow with confidence.

We specialize in advanced Canadian tax advisory services designed to help you reduce risk, optimize your tax position, and make well-informed financial decisions at every stage of your business or personal planning. Our advisory work goes far beyond compliance — we bring deep tax expertise, technical research, and strategic analysis to help you plan proactively rather than reactively.

Whether you are incorporating, reorganizing, growing your corporation, or navigating complex personal tax matters, we provide the clarity and strategic tax insight you need to move forward confidently.

Our tax-focused advisory services include:

• Tax-efficient business startup and incorporation consulting, including selection of optimal corporate structures

• Advanced tax planning and strategic tax optimization for corporations, owner-managed businesses, professionals, and high-income individuals

• Cash flow forecasting and budgeting with a focus on future tax liabilities, deferrals, and planning opportunities

• Corporate restructuring, estate freezes, and succession tax planning to support long-term stability and intergenerational transitions

• Tax research and interpretation of complex tax legislation, CRA commentary, and relevant case law

• Software and accounting system recommendations to support accurate tax reporting, audit readiness, and compliance

• Business performance and tax efficiency analysis, identifying opportunities for deferrals, deductions, and surplus planning

Our advisory approach combines technical tax knowledge with strategic decision-making, ensuring every major step you take aligns with both your financial goals and your optimal tax position.