Phone

Gondaliya CPA

Tax Accountant for Antique & Specialty Retailers

Expert Accounting, Inventory Tracking & CRA-Compliant Tax Services for Antique Dealers, Collectors, and Specialty Shops

Corporate Tax Filing Experts

1000+

Satisfied Clients & Partners

AFFORDABLE Accounting & Tax Services for Antique & Specialty Retailers

Antique shops and specialty retailers face unique accounting challenges, from irregular inventory purchases and one-of-a-kind items to fluctuating cash flow and mixed taxable sales. Our affordable accounting and tax services help antique dealers, vintage stores, collectibles sellers, and niche retailers stay financially organized and CRA-compliant.

Whether you operate a brick-and-mortar shop, sell at auctions and shows, or run an online specialty store, Gondaliya CPA provides clear bookkeeping, accurate tax filing, and inventory-aware accounting. We help you protect margins, reduce tax stress, and focus on growing your retail business.

Official Partner

Google Reviews
– serving dentists in Toronto & across Ontario
QuickBooks Advisor in Ontario
Wagepoint Advisor in Ontario
Xero Advisor in Ontario
Stripe Partner in Ontario
Rotessa Partner in Ontario
Hubdoc
ADP partner in Ontario

Accounting That Understands Antique & Specialty Retailers

Antique and specialty retail accounting isn’t like standard retail. Inventory values vary, purchases are often irregular, and sales may include taxable, zero-rated, or exempt items. We understand how to account for unique inventory, consignment items, cash and electronic sales, and mixed tax rules, ensuring your books reflect the true financial picture of your business.

Unique & One-of-a-Kind Inventory

Accounting for consignment inventory, commissions, and split proceeds.

Consignment & Dealer Sales

Proper reporting of brand deals, collaborations, and platform earnings.

Mixed Sales Channels

In-store, online, auction, and show sales tracked accurately in one system.

Margin & Profitability Tracking

Understand true profit per item, category, or sales channel.

Compliance Made Simple

GST/HST on Retail Sales

Correctly apply tax to taxable goods and manage input tax credits.

Inventory & Cost of Goods Sold

Track purchases, opening/closing inventory, and cost of sales accurately.

Payroll & Contractor Reporting

T4/T4A preparation for staff, helpers, and independent sellers.

Why Antique & Specialty Retailers Work With Us

Tax Planning

Industry-Specific Knowledge

We understand antiques, collectibles, and specialty retail business models.

 

Consulting

Tax-Efficient Planning

Accurate filings that reduce risk and keep you audit-ready.

CRA Representation

Less Admin, More Selling

We handle bookkeeping and taxes so you can focus on customers.

Bookkeeping

Scalable Support

From small shops to multi-location specialty retailers, we grow with you.

Fully Licensed CPA Ontario

500+ ★★★★★ Google Reviews

30-Day Money-Back Guarantee

60-Day Fees-Matching Policy

Antique & Specialty Retailer Accounting and Tax Services

Free Resource: 50 Deductible Expenses for Antique & Specialty Retailers

Comprehensive checklist of tax-deductible costs unique to Antique & Specialty Retailers. PDF delivered instantly.

Case Studies

Antique Shop, Toronto

Problem: Inventory purchases not tracked properly; profit unclear.
Solution: Implemented item-level inventory and cost tracking.
Results:
✅ Clear profit margins per item
✅ Accurate year-end inventory values
✅ Reduced tax surprises

Vintage Collectibles Seller, Mississauga

Problem: GST/HST applied inconsistently across sales channels.
Solution: Corrected tax setup and cleaned up past filings.
Results:
✅ CRA-compliant tax filings
✅ Lower HST errors and penalties
✅ Clear invoicing for customers

Specialty Retail Store, Ottawa

Problem: Cash sales and online sales not reconciled properly.
Solution: Integrated POS and online sales into one accounting system.
Results:
✅ Accurate daily sales tracking
✅ Improved cash-flow visibility
✅ Audit-ready financial records

OUR SIMPLE PROCESS

Our Accounting Process for Antique & Specialty Retailers

Our clear, efficient process ensures that every step is transparent, fostering trust and strong client relationships.

Here’s a simplified process approach:

Step 1

Business & Inventory Review

We review your sales channels, inventory methods, and current bookkeeping setup.

Step 2

Bookkeeping & Inventory Tracking

Organize purchases, sales, inventory, and expenses into a clear system.

Step 3

Tax Preparation & Review

Prepare income tax, GST/HST filings, and year-end reports for your review.

Step 4

Filing & Ongoing Support

File returns on time and provide ongoing advice to improve profitability.

Get Tax-Ready Today

Transparent Pricing for Content Creators & Influencers


Pricing

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 Antique & Specialty Retailers Tax Experts

Sharad Gondaliya, CPA

Sharad Gondaliya, CPA

LinkedIn LinkedIn Icon Principal 647-212-9559 sharad@gondaliyacpa.ca
Vandana Goel, CPA

Vandana Goel, CPA

LinkedIn LinkedIn Icon Accounting Specialist 647-250-0242 vandana@gondaliyacpa.ca

Google Reviews

See all on Google

Serving Antique & Specialty Retailers Across Ontario

We provide expert accounting and tax services to Antique & Specialty Retailers across Toronto and the Greater Toronto Area (GTA), including Mississauga, Brampton, North York, Etobicoke, Scarborough, Vaughan, Markham, Richmond Hill, and Ottawa, helping Antique & Specialty Retailers increase profits and maintain full compliance. 

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)

Antique & Specialty Retailers Tax FAQs

Do antique dealers need special accounting compared to regular retailers?

Yes, antique and specialty retailers deal with unique inventory, irregular purchases, and variable pricing. Standard retail accounting often doesn’t reflect true margins. We tailor accounting systems specifically for antiques and collectibles.

Inventory is typically valued at cost, but proper documentation is critical due to unique pricing. We help you track purchase costs, restoration expenses, and inventory movement accurately.

Most antique and collectible sales are taxable, but exceptions may apply. We ensure GST/HST is applied correctly and input tax credits are claimed properly.

Consignment items require separate tracking from owned inventory. We set up systems to record sales, commissions, and payouts correctly.

Yes, many costs related to sourcing and selling antiques are deductible. We ensure these expenses are properly categorized and documented.
Yes, we account for sales from websites, marketplaces, and social platforms. We also help reconcile payment processors and online fees.

CRA expects clear records of purchases, sales, inventory, and taxes. We maintain clean, audit-ready books that meet CRA standards.

Incorporation may offer tax and liability benefits depending on income and growth plans. We evaluate your situation before recommending incorporation.

Absolutely. We review past records, correct errors, and amend filings if needed to reduce CRA risk.

Getting started is simple. Contact us via phone, email, or book a free consultation. We’ll review your retail business and create a customized accounting and tax plan.

Trusted Tax Accountants for Antique & Specialty Retailers

Scroll to Top
WhatsApp