Accountant for Ice Cream Shops in Ontario and Across Canada
We tax-code your scooped cones and packaged pints correctly, plan your cash flow through the off-season, capitalize your franchise fee and deduct your royalties, value your mix and cone inventory, reconcile your POS cash, write off your freezers and buildout, and plan the tax on your ice cream shop. Whether you run a scoop shop or ice cream parlour, a gelato shop, a frozen-yogurt shop, or a soft-serve and dessert truck, we handle the shop books, the single-serving-versus-packaged HST coding, the extreme seasonal cash flow, the franchise-fee capitalization and royalties, the mix and cone inventory, the student payroll and tips, and the freezer and leasehold depreciation, keep your cash and POS audit-ready, and plan the salary, dividends and eventual sale of your shop — with AFFORDABLE flat fees.
AFFORDABLE Ice Cream Shop Tax Accountant
An ice cream shop rings a cone that is taxable and a packaged tub that is not, earns most of a year’s income in a few hot months, runs on cash a CRA auditor will test, and depreciates freezers and a buildout over years. Your prepared single servings carry 13% HST while your packaged pints over 500 millilitres are zero-rated, and the POS has to get every SKU right. That is why you need a trusted ice cream shops accountant in Ontario. At Gondaliya CPA, we specialize in single-serving-versus-packaged HST coding and seasonal-cash-flow bookkeeping, and corporate tax planning for ice cream shops, providing AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying more tax than you owe.
As experienced tax accountants for ice cream shops, we work with scoop shops and ice cream parlours, gelato shops, frozen-yogurt shops, and soft-serve and dessert trucks across Ontario, with year-round support rather than a once-a-year filing. We tell you plainly how to code and remit HST on your single servings and packaged tubs, how to smooth cash flow through the off-season, and where the tax planning on your ice cream shop corporation actually saves money.
Let us handle the numbers so you can focus on the counter, the scoop and your customers.
Our Official Partners
Accounting That Understands How an Ice Cream Shop Actually Works
An ice cream shop carries financial pressures a year-round service business never faces. Your scooped single servings are taxable at 13% while your packaged pints over 500 millilitres are zero-rated, you earn most of your year in a few hot months, your cash and card sales ring through a POS that CRA scrutinizes hardest, and your freezers and machines depreciate by capital cost allowance class. At Gondaliya CPA, we understand the financial reality of a seasonal scoop-shop business and provide practical, ice-cream-focused solutions across the GTA and all of Ontario.
Stay Compliant and Minimize Your Ice Cream Shop Tax
For an ice cream shop corporation, staying onside with CRA and paying the least legal tax are the same job. We keep every filing on schedule while coding your single-serving-versus-packaged HST correctly, reconciling your POS to cash and capitalizing your franchise fee, so nothing is missed and nothing invites a reassessment.
Accounting & Tax Experts for Ice Cream Shops
- AFFORDABLE + Fully Registered CPA Firm
- Business and Corporate Tax Expert
- Small & Medium Business Expert
- Accounting, bookkeeping, and tax filing
- Certified CPA
- 1300+ 5-star Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Choose Our Accounting Services for Ice Cream Shops?
Tax Planning — Franchise & QSR Expertise
We know how an ice cream shop corporation is taxed: Class 8 freezers, batch and soft-serve machines and display freezers at 20%, Class 13 storefront leaseholds over the lease, Class 14.1 for your franchise fee, the section 85 rollover, and the $500,000 Small Business Deduction. We claim every allowable amount and tell you which positions will not survive a CRA review.
Consulting — HST-Coding, Seasonality & Inventory Bookkeeping
Our bookkeeping is built for seasonal scoop shops. We map the single-serving-versus-package HST coding on every SKU, reconcile your Square, Lightspeed or Toast point of sale to daily cash, smooth your off-season cash flow, and track your mix, dairy and cones as inventory so your margin and your ITCs are both supported.
CRA Representation — Cash, POS & Tip Audit
When CRA reviews your cash sales, your POS Z-reports or your controlled tips, we reconcile the point of sale to reported revenue, defend against electronic-sales-suppression allegations, support your HST coding and franchise-fee capitalization, and pursue relief on Form RC4288 where penalties came from someone else’s error.
Bookkeeping — Payroll, Franchise & Sale
We run your part-time and student payroll with WSIB, reconcile your franchise fee and royalties across the year, and handle the disposition planning and CPA-compiled statements a buyer or lender wants, so your ice cream shop can grow without the books falling behind.
Google Reviews
Ice Cream Shop Clients
Ice Cream Shop Tax and Accounting Services in Ontario
Corporate Tax Filing for Ice Cream Shops
Professional T2 corporate return preparation with Schedule 8 CCA and GIFI, accurate on every line of scoop, packaged and soft-serve income.
Accounting & Bookkeeping for Ice Cream Shops
Reliable single-serving-versus-package HST-coded and seasonal bookkeeping with financial statements, clean records, and monthly reporting.
Corporate Tax Planning for Ice Cream Shops
Smart tax planning to protect the Small Business Deduction, amortize the franchise fee, smooth the off-season, and balance salary and dividends.
Catch-Up Corporate Tax Filing for Ice Cream Shops
File overdue T2 and HST years, rebuild taxable and zero-rated sales from your POS Z-reports and bank records, and get back into CRA compliance.
GST/HST Filing for Ice Cream Shops
AFFORDABLE HST filing with zero-rated packaged tubs and 13% single servings, and input tax credits on mix, cones and equipment.
Corporate Tax Cleanup for Ice Cream Shops
Correct mis-coded HST on the SKU map, reclassify the franchise fee to Class 14.1, restate inventory, fix tip payroll, and bring filings compliant.
CRA Audit Resolution Services for Ice Cream Shops
Expert support for cash, POS-suppression, HST-coding and tip-payroll audits, reviews, objections and negotiations.
CPA Compilation Report (Notice to Reader) for Ice Cream Shops
CPA-compiled financial statements that lenders and franchisors accept for equipment and expansion financing.
Incorporation Services for Ice Cream Shops
Full incorporation including NUANS, articles, share structure, and the section 85 rollover of your freezers and buildout.
Catch-Up Bookkeeping Services for Ice Cream Shops
Rebuild months of neglected POS, cash and HST-split records into clean, reconciled books ready for filing and financing.
US Corporation & LLC Tax Filing for Ice Cream Shops
Cross-border 1120, 1120-F and Form 5472 preparation for scoop-shop owners expanding a franchise or LLC into the United States.
Voluntary Disclosure Program for Ice Cream Shops
Correct unreported scoop sales or unfiled HST through an RC199 disclosure before CRA contacts you, cancelling penalties and interest.
Accounting & Tax Services Tailored for Ice Cream Shops
Real, practitioner-level CPA expertise for scoop shops and ice cream parlours, gelato shops, frozen-yogurt shops, and soft-serve and dessert trucks across Ontario — built for how a seasonal scoop-shop business actually runs.
- We prepare your T2 corporate return with a Schedule 8 CCA claim that places your freezers, batch and soft-serve machines and display freezers in Class 8 at 20%, because a misclassified asset hands CRA a reassessment and years of understated depreciation on the pool.
- Your storefront leasehold improvements — the counter buildout, seating and signage — belong in Class 13 written off straight-line over the lease term, so we schedule a $90,000 buildout because a CRA review that collapses the classes understates your deduction for years.
- Your POS terminals and back-office computers are Class 50 at 55%, a far faster write-off than your Class 8 display freezers, and we track each device so the deduction is claimed instead of vanishing into a general expense line CRA can later deny.
- Your initial franchise fee is a capital cost in Class 14.1 at 5% declining balance, not a current expense, while your dairy and mix inventory is valued under ITA section 10, so expensing them early overstates losses and draws a CRA adjustment.
- We file the T2 with GIFI data on the Schedule 125 income statement and reconcile it to your Square POS within six months of year-end, because a late return draws the 5% plus 1% monthly penalty and untied sales invite a CRA audit.
- We build your books in QuickBooks Online with a chart of accounts that separates taxable single-serving cone and cup sales from zero-rated packaged pint and tub sales, because CRA expects a shop past the $30,000 HST threshold to show each stream distinctly on the return.
- We code the single-serving-versus-package HST against every SKU in Sage 50 and sync the Lightspeed feed so each scoop posts taxable at 13% and each packaged tub over 500 mL zero-rated, because a mis-coded item leaves you owing HST on a CRA reassessment.
- We reconcile your Toast POS and card payouts to daily cash and bank deposits, capturing the roughly 2.6% processing fees withheld before payout as a deduction, because booking only the net deposit understates gross sales and hands CRA a revenue mismatch.
- We track your ice cream mix, dairy, cones, cups and packaging as inventory under ITA section 10, because untracked waste erodes a margin that should run near 65% and leaves your packaging and cones stock unsupported on a CRA review.
- We capture supplier and mix invoices through Dext and post them against your ingredient inventory cost pool, giving you the six years of records CRA can demand, so a $2,000 waste write-down for melted or expired product survives a review instead of being denied.
- We balance salary and dividends, running payroll through Wagepoint so the corporation keeps the section 125 Small Business Deduction and its 12.2% Ontario rate on active income earned in your peak summer season while you draw salary to build RRSP room and fund CPP.
- We keep your shop’s active income under the $500,000 Small Business Deduction limit and watch passive investment income against the $50,000 mark, because subsection 125(5.1) grinds the deduction dollar-for-dollar above it and CRA then taxes retained profit at the general rate.
- We time your freezer and soft-serve machine purchases before the fiscal year-end so the Accelerated Investment Incentive delivers the largest first-year CCA CRA allows, because deferring a $25,000 equipment order to January pushes the write-off a full year out.
- When you sell, the $1.25M Lifetime Capital Gains Exemption shelters the gain on qualified small business corporation shares only if they meet the CRA holding tests, so we purify the ice cream shop corporation years ahead rather than scrambling when a buyer appears.
- We smooth your extreme summer seasonality into off-season working-capital planning and set your CRA instalments off a peak-season year, because a shop that spends its summer profit invites a cash crunch and a missed $3,000-plus instalment that draws interest.
- Unfiled T2 returns lock your CRA business account, block franchise financing, and let penalties compound, so we file every outstanding year first, because the late-filing penalty runs 5% of the balance plus 1% per month to a maximum of twelve months.
- We reconstruct missing single-serving and packaged sales from your POS Z-reports, card settlements and bank deposits, then prepare a defensible T2 and the outstanding HST returns, because a shop that leaves $80,000 of cash scoop sales unrecorded invites a CRA notional assessment and interest.
- Unfiled HST years are worse than unfiled income tax because CRA can assess the 13% you should have collected on your taxable cones, cups and soft-serve plus interest, so we rebuild each reporting period and file before a notional assessment lands on the corporation.
- We file a Voluntary Disclosures Program application on Form RC199 before CRA contacts you, because an accepted disclosure cancels the gross-negligence penalty that can reach 50% of the tax owing and grants interest relief, turning a large exposure into a manageable balance.
- We recover missed capital cost allowance on your freezers, display cases and buildout across every unfiled year, because a catch-up T2 that reports income but ignores the undepreciated capital cost pools hands CRA more than $3,000 of extra tax a year the corporation never owed.
- Your ice cream, gelato and sorbet sold in a package over a single serving of 500 millilitres are zero-rated under ETA Schedule VI Part III, while single-serving cones and cups are taxable at 13%, so we code each SKU and CRA cannot assess uncollected tax.
- We claim input tax credits on line 108 of your HST return for the 13% you pay on ice cream mix, cones and your soft-serve machine, netting them against tax collected, a recovery a shop loses when supplier invoices worth thousands go unentered.
- Your soft-serve, milkshakes, sundaes and anything eaten on premises are taxable at 13% regardless of size, because they are prepared servings and the packaged-goods exemption does not apply, so we tax-code each sundae line and CRA cannot reassess uncollected HST.
- You stop being a small supplier the moment taxable single-serving revenue passes $30,000 in a quarter or four consecutive quarters, and we track the day you cross so CRA cannot assess HST on scoop sales you never taxed, even while your packaged tubs stay zero-rated.
- We recover the 13% HST you pay on your base rent, CAM and TMI charges as input tax credits, because a mall or plaza storefront lease carries thousands in recoverable tax each year that a shop booking rent gross to CRA simply forfeits.
- Where a prior bookkeeper expensed your initial franchise fee in full, we reclassify it as a capital cost in Class 14.1 and amend the T2, because the error overstated one year’s loss and understated another, swinging the corporate tax CRA assesses by more than $5,000.
- Where single servings were rung up zero-rated or packaged tubs charged 13% in error, we rebuild the SKU tax map, correct the point-of-sale codes and amend the HST returns, because a $6,000 coding error either owes CRA back tax or overcharged your customers.
- Where ice cream mix, dairy and cones were expensed at purchase instead of held as inventory, we restate the cost pool under ITA section 10 and correct opening and closing figures, because the error swings the tax CRA assesses by over $4,000 each year.
- We fix controlled tips paid out without CPP and EI, because when the house pools and redistributes gratuities they are pensionable and insurable, so we correct the payroll and T4 slips before CRA assesses the unremitted source deductions and a 10% penalty.
- Where the owner has taken cash from the till without documentation, we reconstruct the shareholder loan on Schedule 50 and clear it within the one-year deadline under subsection 15(2), filing the amended T2 before CRA reassesses an outstanding $12,000 balance as income in your hands.
- CRA audits a cash-heavy ice cream shop with an indirect verification of income, comparing your bank deposits, POS totals and lifestyle against reported sales, so we prepare the source-and-application reconciliation that closes even a $10,000 gap before an auditor imputes unreported revenue.
- On a POS audit, CRA looks for electronic sales suppression — the zapper software that deletes cash sales — which is illegal and carries penalties from $5,000 for use, so we produce Z-report and deposit trails proving your point of sale was never tampered with.
- On an HST-coding audit, CRA tests whether your scooped single servings were taxed at 13% while your packaged tubs over 500 mL were zero-rated, so we produce the SKU tax map, because a misapplied rule can add back thousands in HST plus interest.
- Inventory and waste reviews question why mix, dairy and cones disappear without matching sales, so we reconcile counts to your POS records and document the waste write-offs, because CRA disallows a $3,000 variance it cannot trace and adds the 13% HST and income tax back.
- Where penalties or interest came from a prior accountant’s error or genuine hardship, we file the RC4288 Taxpayer Relief request covering the ten calendar years before the application, with the chronology CRA needs to cancel charges that can reach $8,000.
- We prepare CSRS 4200 compilation engagement financial statements for your ice cream shop corporation, which banks and equipment financers require before approving a $50,000 freezer and soft-serve machine loan they will not advance against the bare T2 alone.
- Your compiled statement of financial position shows mix and cone inventory, leasehold improvements and the franchise intangible at net book value across two fiscal years, giving a lender the picture the single T2 page cannot and supporting a $75,000 expansion line of credit.
- We compile the statement of operations with single-serving and packaged sales, soft-serve revenue and franchise royalty costs classified consistently across two years and tied to the 13% HST filed with CRA, so a lender sees a stable trend rather than reclassified noise.
- The CSRS 4200 communication states no audit or review was performed, and the notes set out the basis of accounting and owner withdrawals tying to the T2 filed with CRA, without which the Business Development Bank rejects a $100,000 financing file.
- We deliver compiled statements within 30 days of receiving your complete records and T2 figures, because a $40,000 freezer and display-case lease approval collapses when the lender’s conditional offer expires before the accountant produces the file for the shop.
- We incorporate your ice cream shop under the Ontario Business Corporations Act and register it with CRA, giving you limited liability on the retail lease, the 12.2% small-business rate and the $500,000 deduction a sole proprietorship taxed to 53.53% cannot offer.
- We complete the section 85 rollover on the prescribed election to move your freezers, storefront buildout and goodwill into the corporation at elected amounts, deferring the $50,000 capital gain and recapture CRA would otherwise tax on the transfer.
- We register the CRA Business Number, the HST account effective the day you cross $30,000, a payroll account for your student staff and a WSIB account, then close the sole-proprietor accounts so you never report the same scoop revenue twice.
- We design common and non-voting share classes so dividends can be paid where the tax-on-split-income rules allow, documenting each holder’s role, because CRA reassesses dividends paid to an inactive spouse at the top 53.53% rate.
- We prepare the opening balance sheet, minute book and director resolutions, structure a franchise-holding company, and set the first fiscal year-end up to 53 weeks out, deferring the corporation’s first T2 filing and the 12.2% tax on its opening year’s profit.
- We rebuild months of missing books from your Square or Toast Z-reports, card settlements and bank deposits, reconstructing every scoop and packaged-tub sale, because untracked summer cash draws a CRA notional assessment and imputed revenue.
- We re-code every historical SKU so single-serving cones and cups post taxable at 13% while packaged tubs over 500 millilitres stay zero-rated, because a back-period coding error leaves your catch-up HST returns owing tax on a reassessment.
- We rebuild your extreme summer-peak revenue month by month so the seasonal swing is visible rather than a single lump, because lenders and CRA both distrust catch-up books that flatten a scoop shop’s July surge into December quiet.
- We restore your mix, dairy, cones, cups and packaging as inventory under ITA section 10 across each unreconciled month, capturing supplier invoices through Dext, because expensing supplies at purchase distorts the roughly 65% margin CRA expects to see.
- We reconstruct your seasonal student payroll and remittances so back T4 slips, CPP and EI tie to the wages actually paid during peak months, because a $4,000 gap in unremitted source deductions invites a CRA penalty and interest.
- We prepare Form 1120 for your US C-corporation when you open a scoop shop or franchise location across the border, reporting its US-source income to the IRS, because a Canadian owner who ignores the filing faces steep late penalties on the corporation.
- We file Form 1120-F where your Ontario ice cream corporation earns income effectively connected to a US location or franchise, claiming Canada-US treaty protection, because a missed 1120-F can cost you deductions and expose gross US receipts to tax.
- We complete Form 5472 for every reportable transaction between you and your US subsidiary or LLC, because the IRS penalty for a missing 5472 starts at $25,000 per form and applies even when the US entity owes no tax.
- We untangle the hybrid mismatch when you hold a US LLC that Canada treats as a corporation and the IRS treats as flow-through, because the mismatched treatment can double-tax your scoop-shop profit and strand your foreign tax credits.
- We coordinate your US filings with the Canadian T2 and foreign tax credits, and register for state sales tax where your parlour crosses a state’s economic nexus threshold, because uncoordinated cross-border returns leave the same franchise income taxed twice.
- We file your Voluntary Disclosures Program application on Form RC199 to report unreported scoop-shop income before CRA contacts you, because an accepted disclosure cancels the gross-negligence penalty that can reach 50% of the tax owing.
- We disclose the HST you should have collected on taxable cones, cups and soft-serve once you passed the $30,000 small-supplier threshold, because a VDP filed before CRA acts secures relief on tax you never remitted plus its interest.
- We confirm your disclosure is voluntary, complete and at least one year overdue before we file, because CRA rejects an RC199 submitted after an audit letter arrives and the shop then loses every scrap of penalty and interest relief.
- We assemble the POS Z-reports, bank deposits and supplier invoices that support the corrected figures, because CRA accepts a disclosure only when the scoop shop’s numbers are complete, and a $60,000 cash-sales omission must be fully documented.
- We determine whether your facts fit the General or the Limited VDP track and arrange payment of the estimated tax with the application, because the reduced-relief Limited track applies to deliberate omissions and choosing the wrong stream can sink the disclosure.
Ice Cream Shop Tax & HST Check
Six quick questions on your single-serving-versus-packaged HST coding, off-season cash flow, franchise fee, POS-cash reconciliation, tips and freezer write-offs, and whether it is time to incorporate. No fee shown.
1. Are you tax-coding your scooped cones and packaged pints correctly?
2. Are you planning your cash flow through the off-season?
3. Are you capitalizing your franchise fee in Class 14.1?
4. Are you reconciling your POS to cash daily?
5. Are you running your pooled tips through payroll?
6. Are you writing off your freezers and buildout in the right CCA class?
Free CPA Consultation for Ice Cream Shops
Case Studies: Ice Cream Shop Accounting & Tax
Toronto Scoop Shop — Single-Serving vs Packaged HST Coding Fixed
The problem: A Toronto scoop shop had incorporated, but its POS rang 13% HST on everything, including packaged pints and tubs over 500 mL that are zero-rated under ETA Schedule VI Part III, while some single-serving cones were rung untaxed. The SKU tax map was wrong, the shop overcharged customers on packaged product, and the HST returns never tied to the Square Z-reports.
What we did: We rebuilt the SKU tax map so single-serving cones, cups and soft-serve posted taxable at 13% and packaged pints and tubs over 500 mL posted zero-rated, reconciled twelve months of Square Z-reports to cash and card deposits, corrected the coding, and amended two HST returns to claim the recovered position.
The result:
- Recovered $9,400 of over-remitted HST on packaged sales
- Corrected the SKU tax map across the full menu
- POS reconciled to the dollar across 12 periods
Mississauga Gelato Shop — Seasonal Cash Flow & Equipment CCA
The problem: A Mississauga gelato shop earned almost all its profit between May and September, then ran short of cash every winter and financed the gap on a high-interest credit line. Its batch freezer, display freezers and soft-serve machine had all been dumped into one expense line with no Schedule 8 CCA claim, so the corporation was paying more tax than it owed.
What we did: We built an off-season working-capital plan that set aside peak-season cash and smoothed the CRA instalments, then classed the batch freezer, display freezers and soft-serve machine in Class 8 at 20% on Schedule 8, applying the Accelerated Investment Incentive to the newest equipment.
The result:
- Saved $11,700 in corporate tax through the corrected CCA claim
- Eliminated the winter cash crunch and the credit-line interest
- Freezers and machines correctly classed in Class 8
Ottawa Frozen-Yogurt Franchise — Franchise Fee, Student Payroll & Incorporation
The problem: An Ottawa frozen-yogurt franchisee was still operating as a sole proprietorship, had expensed its initial franchise fee in full, paid its student staff cash with no payroll account, WSIB or T4 slips, and had never registered for HST despite passing the $30,000 threshold.
What we did: We incorporated under the Ontario Business Corporations Act, moved the equipment and buildout across on a section 85 rollover, capitalized the initial franchise fee in Class 14.1 and deducted the ongoing royalties and ad-fund contributions, set up a CRA payroll account with WSIB and controlled-tip handling on Wagepoint, and registered the HST account.
The result:
- Incorporated with a section 85 rollover and no tax on transfer
- Franchise fee capitalized in Class 14.1, royalties deducted
- Student payroll, WSIB and HST accounts set up and compliant
Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.
Kickoff (Document Request)
Collect prior T2 returns, POS Z-reports and daily cash, the franchise agreement and fee and royalty schedule, mix and cone inventory counts, payroll and tip records, the lease and buildout costs, and bank statements.
First 30 Days (Cleanup & Setup)
Set up QuickBooks Online or Sage 50, integrate the Square, Lightspeed or Toast POS, map the single-serving-versus-package HST codes, assign the franchise-fee and CCA classes, and configure tip and student payroll.
Monthly Close
Monthly reconciliations, POS-to-cash matching, mix and cone inventory and waste tracking, HST, and payroll remittances.
Quarterly Planning Review
Salary and dividend review, HST check, inventory and waste position, franchise-fee amortization, and seasonal cash-flow planning.
Year-End Close & T2 Filing
Trial balance, mix and cone inventory and leasehold financial statements, franchise intangible, T2 with GIFI, and CRA preparation.
Get Your Ice Cream Shop Taxes Done Right Today
Affordable Pricing for Ice Cream Shops
We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.
- 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 per 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
Payment is by Interac e-Transfer to info@gondaliyacpa.ca only. Security question: Not Applicable, as auto-deposit is enabled.
Meet Your Lead Ice Cream Shop Accountant
Meet your lead ice cream shop accountant. As your food-service and franchise tax adviser, you deal with the same two people every year.
What Our Clients Say
1300+ five-star reviews from ice cream shop and small-business owners across Ontario and Canada.
Serving Ice Cream Shops Across Ontario
Our CPA team provides specialized accounting and tax solutions for ice cream shops throughout Ontario. We understand how a seasonal scoop-shop business actually operates, how CRA tests a cash-and-card business, and how the single-serving-versus-packaged HST, the franchise fee and the mix and cone inventory each have to be handled.
Toronto (ON)
55 Queen St E Ste 1205, Toronto, ON M5C 1R6, 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)
Ice Cream Shop Accounting & Tax FAQs
Related Industries We Serve
Accountant for Bubble Tea Shops
- Prepared-beverage HST and POS bookkeeping
- Franchise fee, tips and student payroll
- Corporate tax, inventory and financial statements
Accountant for Dessert Shops
- HST on prepared and packaged desserts
- Inventory, waste and POS-cash reconciliation
- Corporate tax filing and bookkeeping
Accounting for Small Businesses
- Corporate tax planning for small businesses
- Business tax filing and financial statements
- Payroll and bookkeeping services
Accountant for Incorporated Businesses
- T2 corporate tax filing and GIFI
- Salary and dividend planning
- Bookkeeping and CRA compliance
Ice Cream Shop Accounting & Tax Done Right.
T2 corporate filing, single-serving-versus-packaged HST coding, franchise-fee capitalization and royalty deductions, mix and cone inventory, seasonal cash-flow and POS-cash reconciliation, controlled-tip and student payroll, and the incorporation decision under one roof. AFFORDABLE flat fees, no hourly billing. Licensed CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.