Tax Accountant for Mortgage Brokers
Specialized bookkeeping, commission tracking, and tax planning for independent mortgage brokers and brokerages
1000+
Satisfied Clients & Partners
AFFORDABLE Accountant for Mortgage Brokers
Mortgage brokers handle a fast-paced workload, irregular commission payouts, and constant reporting requirements all while juggling client files and lender relationships. With so many moving parts, it’s easy for bookkeeping, payroll, and tax planning to fall behind. At Gondaliya CPA, we understand the unique financial structure of mortgage professionals and provide accounting support that fits the way you work.
From managing commission tracking and monthly bookkeeping to handling payroll, HST, and year-end tax filings, we help mortgage brokers stay compliant and organized throughout the year. Our goal is to reduce administrative stress, improve financial visibility, and make sure your taxes are handled properly so you can focus on growing your business.
Official Partner
Accounting That Understands Mortgage Brokerages
Mortgage brokers deal with irregular income, complex commission structures, trailer fees, and the risk of clawbacks. With payouts coming from multiple lenders on different schedules, it’s easy for books to fall behind and tax exposure to increase. Many brokers rely on spreadsheets and last-minute paperwork, which leads to missed deductions and CRA stress. Clean, organized books give you control over cash flow and a clear view of performance.
Our accounting services are built for mortgage brokers. We track every deal, map commissions correctly, manage cash flow, and handle your taxes so you can focus on clients and closings—not bookkeeping.
Commission & Trailer Fee Tracking
Accurate tracking of commissions and trailer fees from multiple lenders so nothing is missed.
Deal-by-Deal Reporting
Clear visibility into each mortgage file, including payouts, clawbacks, and outstanding amounts.
HST, Payroll & Compliance Support
Guidance on HST rules, payroll for assistants/agents, and CRA record-keeping requirements.
Cash Flow & Tax Planning
Forecasting and tax planning to help manage irregular income and reduce personal tax exposure.
Stay Compliant with CRA While You Grow
Business Structure for Mortgage Brokers
Choosing the right structure is one of the most important financial decisions for mortgage brokers. Sole proprietorships are simple and flexible, but incorporated brokers may benefit from lower tax rates, reduced personal liability, and better income-splitting options. We guide you through when incorporation makes sense based on income levels, cash flow needs, and long-term plans.
HST, Record-Keeping, and Audit Readiness
Mortgage brokers often assume that everything is HST-exempt, but certain fees and services may still be taxable. We help you understand when HST applies and ensure your books properly track commissions, referral fees, marketing costs, and operating expenses. Clean documentation protects you and keeps you fully prepared in case CRA requests information or audits your records.
Personal and Corporate Tax Integration
Whether you file as a sole proprietor using business schedules on your T1 return or operate through a corporation with a T2 return, proper planning is essential. We help you understand instalment requirements, estimate upcoming tax bills, and set aside the right amounts throughout the year. The goal is simple: no surprises at tax time and a smoother financial plan for your brokerage.
Why Choose Our Accounting Services?
Mortgage Industry-Specific Insight
We speak mortgage broker language—commissions, remittances, licensing—fluently.
Tax Savings & Compliance
Leverage deductions, stay audit-ready, and manage CRA requirements seamlessly.
Growth-Focused Guidance
Forecasting and advisory help you make informed decisions for expansion.
Affordable, Scalable Support
From solo brokers to team operations, our services grow with you.
Fully Licensed CPA Ontario
500+ ★★★★★ Google Reviews
30-Day Money-Back Guarantee
60-Day Fees-Matching Policy
Accounting Services for Mortgage Brokers and Brokerages
Free Resource: 50 Deductible Expenses for Mortgage Brokers
Comprehensive checklist of tax-deductible costs unique to Mortgage Brokers. PDF delivered instantly.
Case Studies
Independent grocer in Toronto
Problem: Struggled with spreadsheet chaos, missed deductions, and unpredictable taxes.
Solution: Moved to clean monthly reports, organized commissions, and tracked cash flow properly.
Results:
✅ Predictable tax planning
✅ Accurate CRA-compliant records
✅ More time to focus on clients
Incorporated Broker in Mississauga
Problem: Irregular cash flow and high personal tax exposure made planning difficult.
Solution: Incorporated business, implemented structured bookkeeping, and smoothed cash flow.
Results:
✅ Reduced overall tax
✅ Clearer view of monthly income
✅ Simplified year-end tax preparation
Small Brokerage Firm in Brampton
Solution: Set up proper bookkeeping, payroll, and reporting systems to ensure compliance.
Results:
✅ Audit-ready financials
✅ Easier lender and bank conversations
✅ Improved operational efficiency
Our four-step process is clear, efficient, and tailored for mortgage professionals.
Here’s a simplified process approach:
Step 1
Initial Consultation
We assess your commission structure, financial tools, and compliance needs.
Step 2
Customized Plan
We design accounting workflows—from bookkeeping and commission tracking to reporting and tax planning.
Step 3
Execution & Reporting
We integrate systems, deliver clean reporting, and ensure ongoing bookkeeping accuracy.
Step 4
Continued Partnership
Stay compliant, adjust to industry changes, and receive strategic financial guidance as your business evolves.
Want your commissions, books, and taxes under control?
We believe in clear, upfront pricing so you know exactly what to expect.
Tax Preparation (Corporation): From $400
Tax Return Filing (Corporation): From $400
Tax Compliance Audit – FREE CRA audit support for our clients
Tax Strategy: FREE for our clients
- Accounting Base Plan – From $100 / month
Bookkeeping Management (Free for our Accounting clients)
Financial Reporting (Free for our Accounting clients)
- Business Formation: Flat $35
- Incorporation Process: Flat $35
- Entity Setup Assistance: Flat $35
- Full-Service Payroll: From $125 per month
Meet Your Lead Mortgage Broker Accountants
Google Reviews
See all on Google
Google Reviews
See all on GoogleSupporting Mortgage Brokers Across Ontario
Supporting mortgage brokers across Toronto and the Greater Toronto Area (GTA), including Mississauga, Brampton, North York, Etobicoke, Scarborough, Vaughan, Markham, Richmond Hill, and Ottawa, as well as clients throughout Ontario. Gondaliya CPA provides specialized accounting, commission tracking, tax planning, and FSRA compliance support to keep your brokerage profitable and regulatory-ready.
Toronto (ON)
168 Simcoe St Unit 1118, Toronto, ON M5H 4C9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Mississauga (ON)
5373 Bullrush Dr, Mississauga, ON, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Brampton (ON)
4 Starhill Crescent, Brampton, ON L6R 2P9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Scarborough (ON)
24 Clementine Square, Scarborough, ON M1G 2V7, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Vaughan (ON)
19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Oshawa (ON)
210 Durham St, Oshawa, ON L1J 5R3, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Ottawa (ON)
2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Etobicoke (ON)
60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Hamilton (ON)
70 Starling Dr, Hamilton, ON L9A 0C5, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Guelph (ON)
1155 Gordon St, Guelph, ON N1L 1S8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Windsor (ON)
4387 Guppy Ct, Windsor, ON N9G 2N8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
North York (ON)
150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Mortgage Broker Accounting FAQs
What are mortgage broker accounting services?
Mortgage broker accounting services help brokers manage finances, taxes, bookkeeping, and regulatory compliance.
Our corporate accountant ensures your mortgage brokerage operates efficiently and stays compliant.
Why do mortgage brokers need a specialized accountant?
Mortgage brokers earn commission-based income, manage licensing requirements, and handle frequent remittances. A mortgage broker accountant ensures your commissions are tracked correctly, expenses are optimized, and your business stays fully compliant with CRA and licensing rules.
How do you handle mortgage broker tax compliance?
We take care of all tax obligations, including GST/HST filings, income tax planning, and provincial licensing requirements, ensuring you stay audit-ready and penalty-free.
Do you provide bookkeeping services for mortgage brokers?
Yes. We track commissions, expenses, client payments, and generate detailed financial reports.
Our corporate accountant keeps your books accurate and organized, allowing you to focus on growing your brokerage.
Can you assist with tax planning and filing for mortgage brokers?
Absolutely. We prepare and file taxes, identify deductions, and provide strategies to minimize liabilities.
Our corporate accountant ensures mortgage brokers stay compliant with CRA regulations while optimizing their tax position.
Do you provide payroll services for mortgage broker firms?
Yes. We manage payroll, statutory deductions, and reporting for any employees you may have.
Our corporate accountant ensures payroll is accurate and compliant, saving time and avoiding penalties.
Will I have direct access to the CFO to discuss my business goals?
Yes, absolutely. You’ll have direct access to your CFO to discuss your financial objectives and ask questions. Our team prioritizes transparency and communication, ensuring you’re fully informed and involved in your financial planning and strategy.
Are your accounting services affordable for independent brokers?
Yes. We offer affordable accounting packages for mortgage brokers, tailored to fit both solo brokers and larger brokerage firms, so you only pay for what you need.
Can you help new mortgage brokers get started?
Yes. We assist with accounting setup, bookkeeping, tax registration, and financial planning for new mortgage brokerages.
Our corporate accountant ensures your brokerage starts with accurate and compliant systems.
How do I get started with your mortgage broker accounting services?
It’s simple—book a free consultation. We’ll review your commission structure, financial needs, and compliance requirements, then create a custom accounting plan for your brokerage.