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CPA Answers · Knowledge Base · Markham 2026

How Much Does Corporate Tax Filing Cost in Markham?

A licensed Ontario CPA's published starting price and the reasoning behind it. Corporate returns begin at $400, the figure is committed to in writing before work starts, and nothing is billed by the hour. This page explains what lifts a quote above that starting point, and where an inexpensive return turns into a costly year.

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Quick Answer

A corporate return for a Markham company starts at $400 with us, committed to as an exact flat figure before work begins. The amount responds to the file rather than the postcode: turnover and the transaction volume sitting behind it, how many companies form the group and whether balances flow between them, whether foreign shareholders or foreign operations are involved, and whether anything from earlier years was left unresolved. A single tidy corporation with reconciled records belongs at the low end. Nothing is charged hourly, the figure does not drift because a file proved harder than expected, and the engagement letter states precisely what sits inside the work and what does not. Please use the pricing calculator for your specific figure in about two minutes.

The Most AFFORDABLE CPA Firm for Corporate Tax Filing in Ontario

Corporate tax filing is the annual T2 return every incorporated business in Canada must file, whether it traded all year, broke even or did nothing at all. The return reports the corporation's income, applies the small business deduction where the company qualifies, carries the capital cost allowance on its assets, codes the financial figures into the CRA's standard format and reconciles the position back to the balance sheet. It is due six months after the fiscal year end, with any balance payable earlier, and it is the single filing on which the CRA forms its view of a company. Filed properly it is routine. Filed by someone working quickly for a low fee, it quietly costs a company far more than the fee ever saved.

We built this firm around one position: doing that work correctly at the lowest price in the province. Corporate returns start at $400. That is not an introductory rate, a first-year discount or a figure that appears only in advertising, and it is possible because of how the practice runs. There is no downtown office to fund, no partner leverage model requiring juniors to bill target hours, no account managers between you and the person doing the work, and no hourly clock at all. The technology stack does what four staff would otherwise do manually. What remains is a licensed CPA firm doing the same return a national firm would do, at a fraction of what a national firm has to charge to cover its own overhead.

What Corporate Tax Filing Costs Across Ontario

Corporate return quotes in Ontario vary enormously, and almost none of the variation reflects the return itself. A national or large regional firm will commonly quote somewhere between $3,000 and $10,000 for an owner-managed corporation, and considerably more where the group has several entities. A mid-size practice typically lands between $1,500 and $4,000. A local independent accountant usually sits between $800 and $2,000. A solo preparer without a CPA designation may quote a few hundred dollars, though that saving is often paid back with interest through work that was never done. The figures below are the starting points each tier tends to quote, not sourced data, and any firm will price a specific file on its own facts.

Type of FirmTypical Starting FeeWhat Drives Their Price
National and large regional firmsFrom $3,000Downtown premises, partner leverage, account management layers and hourly billing
Mid-size practicesFrom $1,500Office overhead and staffed teams, usually billed against time
Local independent accountantsFrom $800Lower overhead, but manual processes and limited capacity
Non-designated preparersFrom $200No professional regulation, no insurance and no accountability to a governing body
Gondaliya CPA, licensed CPA Ontario firmFrom $400Fully remote, fully digital, flat fee agreed in writing, no hourly billing at any point

The comparison that matters is price against professional standing, not price alone. A non-designated preparer can quote below us, but is not regulated by a professional body, carries no professional insurance and answers to nobody if the return is wrong. We are a CPA Ontario registered firm, verifiable on the public directory linked at the top of this page, quoting from $400. That combination is the position we hold in this province, and it is why owners move to us from both directions: from national firms paying several times more, and from unregulated preparers who found out what the saving cost them.

The Four Things That Decide Your Fee

1

Turnover and Volume

Revenue matters, but the transaction count behind it matters more. Twenty large contracts is a lighter file than four thousand small entries at the same turnover.

2

Condition of the Records

Records that reconcile mean the return summarises work already done. Records that do not have to be put right first, and that is quoted openly.

3

Structure of the Group

Each corporation files separately, and balances between an operating company and a holding company have to agree in both directions.

4

What Is Still Open

Earlier years unfiled, returns filed incorrectly, letters unanswered. Resolving history comes before routine compliance and is priced before we begin.

Not one of the four has anything to do with where the office sits. A Markham corporation is not priced differently from a Richmond Hill or Toronto one for identical work, because the work is identical and it is delivered remotely. What genuinely varies between firms is the billing model, what the quoted return actually covers, and whether the figure is fixed or an estimate. Those questions reveal far more than the headline ever will.

Our Corporate Tax Filing Pricing

This is where corporate returns begin. Nothing is charged hourly, and the precise amount for your corporation is confirmed in writing before any work starts.

Corporate Tax FilingOur FeeBasisWhat It Covers
Consultation and quoteFREEOne-timeWe review the corporation and commit to an exact flat figure before anything begins
Corporate tax return (T2)From $400AnnualThe return with every required schedule, GIFI coding and electronic transmission to the CRA

Your Figure in About Two Minutes

A short set of questions produces a specific number, before you speak to anybody.

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What Lifts a Markham Return Above the Starting Price

Complexity is not a vague term used to justify a larger invoice. It is a specific and short list, every item of which adds identifiable work, and all of which are visible before a figure is committed to.

What Adds WorkWhy the Fee Responds
Records that need work firstNothing can be prepared until the underlying figures tie back to the bank
A second or third corporationEvery company files its own return, and intercompany balances must agree both ways
Shareholders resident abroadAdditional reporting, and questions about how amounts paid out are characterised
Revenue or operations outside CanadaCurrency treatment, sourcing and a second tax authority to keep in view
Earlier years unresolvedHistory is dealt with before routine compliance, and adjustments follow their own process
Sector-specific reportingDevelopment costs, project accounting, investor packages and similar layers by industry

The Markham Files That Actually Reach Us

York Region's business base leans toward technology and software, professional and consulting practices, wholesale and distribution, retail and food service, and property-holding companies, and that mix shapes what arrives at our door. Two features recur often enough here to be worth naming. The first is group structures: an operating company beside a holding company, sometimes with a third entity owning premises, and balances moving between them that nobody has reconciled in either direction. The second is foreign ownership, since a substantial share of Markham corporations have shareholders resident outside Canada, which brings its own reporting and its own questions about how amounts paid out are treated. Neither is unusual to us, which is a large part of why a figure can be committed to at the outset rather than discovered along the way.

Compare what is covered, not just the number. Placing two quotes beside one another, establish what each quoted return actually includes, whether calls and correspondence are chargeable, whether the figure is fixed or an estimate that can move, and whether earlier-year problems would be resolved or simply carried forward again. A quote covering less while charging for questions can comfortably end up dearer than a higher figure covering the work properly.

Where an Inexpensive Return Becomes an Expensive Year

What a corporate return costs is almost never the fee. It is the capital cost allowance never established, so equipment goes unwritten off for years. It is the credits nobody recovered on purchases the company was entitled to claim. It is the shareholder account nobody tracked, surfacing later as a taxable benefit nobody budgeted for. It is the intercompany balance that disagrees between two companies in the same group, which turns a routine review into a long one. It is the remittance that fell short, which is trust money and carries liability that follows the directors personally. Every one of those costs a multiple of any realistic fee difference between firms, and every one of them arises from work not done rather than from a price set too low.

The costliest item in a small company's tax file is usually the thing nobody examined. Amounts withheld from staff and amounts collected on sales are held in trust, directors can be assessed for them personally, and that exposure outlives the dissolution of the company. A return produced quickly and cheaply by someone who never asked which accounts the corporation has open is not a saving; it is a cost deferred, with interest accruing on it. Anyone quoting you a figure ought to be asking what the corporation is registered for before naming one.

What the Fee Should Buy You

  • A figure committed to in writing before work starts. Not an estimate, not a bracket, and not a number that moves afterwards.
  • The amount agreed is the amount invoiced. No revision because the file turned out to be harder than expected.
  • A firm whose registration you can check. CPA Ontario's directory is public, and the link sits at the top of this page.
  • Questions answered without a meter running. Calls and emails belong to the relationship, not to a separate invoice.
  • Both deadlines in the calendar. The balance falls due before the return does, which is what catches owners out.
  • A straight answer when the news is unwelcome. Including where a correction would cost more than it recovers.

Case Study: Two Companies, One Fee, Years of Missed Allowances

A Markham technology company arrived with an operating corporation and a holding corporation that had been filed by different preparers, each quoting less than our figure for the pair together. The reasons for the gap emerged quickly. The intercompany balance disagreed between the two sets of records by a material amount, so neither return could be relied on. Capital cost allowance had never been established on the equipment or the computer assets, leaving a deduction unclaimed year after year. A shareholder resident overseas had been receiving payments nobody had characterised properly. And a prior year filed incorrectly had been carried forward rather than corrected. We reconciled the two companies against each other, set up the asset pools, addressed the shareholder position, corrected what remained correctable, and quoted the group as a single annual engagement. What the first year recovered exceeded several years of the saving that had made two separate preparers look cheaper. The figures here are illustrative of the work we do, not a specific client file. Know Your Exact Fee →

Corporate Tax Filing, Priced Before You Commit

From $400, committed to in writing, with no hourly billing anywhere in the relationship.

Know the Figure First

The calculator returns a specific number in roughly two minutes, and the consultation confirms it in writing before any work is done.

One Fee, Fixed at the Start

The return quoted as a single flat amount, with no hourly billing and no revision once the work is complete.

Backed by Guarantees

A 30-Day Money-Back Guarantee and a 60-Day Fees-Matching policy, because a published price should be one you can stand behind.

Corporate Tax Filing for Markham Companies

All of it delivered remotely, with documents through a secure portal and meetings by video or telephone, evenings and weekends included.

Corporate Tax ServiceWho It Is For
Corporate tax filing in MarkhamIncorporated businesses needing the annual return prepared and filed
Corporate tax planning in MarkhamOwners deciding how to draw income and structure the year ahead
Catch-up corporate tax filing in MarkhamCorporations with earlier years unfiled and returns outstanding
Voluntary Disclosures Program in MarkhamOwners correcting unreported income or unfiled returns before the CRA raises it
Incorporation services in MarkhamBusinesses incorporating, or restructuring an existing company

Unsure which of these applies to your corporation? That is what the free consultation is for. Most Markham owner-managed companies need a straightforward annual return and little more, and are frequently sold considerably more than that. See our corporate tax return filing service.

Frequently Asked Questions: Corporate Tax Filing Costs in Markham

How much does corporate tax filing cost in Markham?
Our corporate returns start from $400 for an incorporated business, with the exact amount confirmed in writing before a single hour of work is done. The figure responds to the file rather than to the address: turnover, how many transactions sit behind it, how many companies are in the group, and whether earlier years were left unresolved. A tidy standalone corporation lands at the low end.
Why are you so much cheaper than a large firm?
Because our costs are different, not because the work is. There is no downtown office to fund, no partner leverage model requiring juniors to bill target hours, no account managers sitting between you and the preparer, and no hourly clock at any point. A national firm quoting several thousand dollars is largely recovering its own overhead. We are a licensed CPA Ontario firm preparing the same return without that overhead to recover.
Is $400 realistic or is it a headline?
It is a real starting point, and companies do pay it. It applies to a single corporation whose records reconcile, whose operations are straightforward and which has nothing outstanding behind it. Where a company does not fit that description we say so at the consultation and quote what the work genuinely requires.
What is actually included in the return fee?
Preparation of the T2 with every schedule the corporation requires, the GIFI coding of the financial figures, capital cost allowance carried on your asset pools, and electronic transmission to the CRA. It assumes the underlying records are complete. Where they are not, that work is identified and quoted separately rather than folded silently into a larger number.
Do you bill by the hour?
Never. Each engagement is priced as a single flat amount agreed in advance, and it stays there even when a file proves harder than expected. Hourly arrangements shift the cost of inefficiency onto the client and turn every question into a calculation about whether asking is worth it. A fixed price removes both.
How do your fees compare with other Ontario firms?
National and large regional firms commonly start around $3,000 for an owner-managed corporation, mid-size practices around $1,500, and local independent accountants around $800. We start at $400. Non-designated preparers can quote below us, but they carry no professional regulation, no insurance and no accountability to a governing body, which is a different product rather than a cheaper one.
What pushes a corporate return above the starting price?
Turnover and transaction count, records that need work before anything can be prepared, more than one company with balances flowing between them, unresolved or incorrectly filed earlier years, foreign shareholders or foreign operations, and industry reporting layers such as project costing. Each is identifiable at the outset, which is precisely why the price can be fixed.
Does the fee change with my revenue?
It moves with revenue because revenue usually brings volume, and volume is work. What matters more is the shape of the business behind the number: a company with a handful of large contracts is a lighter file than one with thousands of small transactions at the same turnover. We look at both before quoting.
Is $400 the price for every corporation?
No, it is where the pricing begins. A single company with reconciled records, straightforward operations and nothing hanging over from previous years belongs at that end. Additional companies, unresolved history, cross-border elements and heavy transaction volume each move the figure, and each is visible before we commit to it.
My company was dormant last year. Is it cheaper?
Usually. A dormant corporation must still file for every year of its existence, but a year in which nothing occurred takes little time and is priced to reflect that. Filing quiet years is worth doing rather than postponing, since an unfiled year remains open indefinitely and inactivity is not an exemption from the obligation.
Is a company's first return priced differently?
A first return often costs slightly more, because the opening position, share structure, capital assets and the chosen fiscal year end all have to be established correctly from nothing. Getting that right once is what makes every later year routine, so the extra effort in year one is an investment rather than a surcharge.
Will the price go up next year?
Only where the business itself changes the work involved: greater volume, an additional company, a new obligation, or something carried forward that needs resolving. We do not apply automatic yearly increases, and if a figure does need to move we explain the reason before the engagement letter is issued rather than after the return is done.
When do I pay?
The fee is settled in writing at the outset and invoiced once the work is finished, before the return is transmitted to the CRA. Payment is by Interac e-Transfer to info@gondaliyacpa.ca, with auto-deposit switched on and the security question set to Not Applicable, so nothing needs arranging beyond sending it.
Are there charges I will not see in the quote?
No. The engagement letter sets out what falls inside the work, what falls outside it, and what anything additional would cost should you want it later. Anything beyond the agreed scope is priced and approved before it is done. Unexpected invoicing is the complaint we hear most often about previous accountants.
Is the cheapest quote ever the right choice?
Sometimes, and often not. What a return costs is rarely the fee: it is the allowance never claimed on equipment, the credit never recovered, the shareholder account nobody tracked, the arrangement nobody reviewed. Each of those outweighs any realistic difference in fees between firms, and each arises from work left undone.
When is my corporation's return due?
Six months following the fiscal year end for the return, while any balance owing falls due two months after year end, or three months where the small business deduction applies. Payment falling due before the filing deadline is what catches most owners out, so both dates belong in the calendar.
What if I file late?
The late-filing penalty is calculated against the unpaid tax, so a year with a loss files late at little cost while a profitable year becomes more expensive each month. Interest accrues separately and compounds daily. Filing halts the penalty even when the balance cannot be settled immediately, so the two decisions should be made separately.
Can you correct a return someone else filed?
Yes. We review what went in, establish what is genuinely wrong, and prepare an adjustment where correcting it is worth the effort. Not every error justifies amending, and where the cost of the correction exceeds the benefit we will tell you rather than charge for work that does not improve your position.
Will you deal with the CRA on my behalf?
Yes, once we are authorised on the corporation's accounts. Letters, reviews and information requests come to us and we answer them directly. The large majority of CRA correspondence is routine and only becomes serious through being left unanswered. See our CRA audit resolution services.
Are you a licensed CPA firm?
Yes. Gondaliya CPA Professional Corporation is registered with CPA Ontario, and that registration can be checked on the public firm directory linked at the top of this page. Anyone may describe themselves as a tax preparer, whereas a CPA firm is regulated, insured and answerable to a professional body. Confirm that before engaging anyone.
Do we need to meet somewhere in Markham?
No, and most of our Markham clients never attend an office. Documents move through a secure portal, meetings run by video or telephone including evenings and weekends, and returns are transmitted electronically. Working this way is a significant part of why the pricing sits where it does.
Which Markham businesses do you work with most?
The area's base leans toward technology and software, professional and consulting practices, wholesale and distribution, retail and food service, and property-holding companies, and that shows in our client list. Familiarity matters to pricing, because it removes the hours a firm would otherwise spend learning how a business of that type operates.
We are a technology company. Does that change the fee?
Possibly, in either direction. Software and technology companies often have clean records and few transactions, which keeps a return simple, but can also carry development costs, foreign customers, share plans and investor reporting, each of which adds work. We look at which of those actually apply rather than assuming the sector is complicated.
Our shareholders live outside Canada. Does that affect the price?
Yes, because foreign ownership brings additional reporting and questions about where amounts are paid and how they are characterised. Markham has a high concentration of corporations with overseas shareholders, so this is familiar ground for us, and the extra work is quoted openly at the start rather than appearing on an invoice later.
We have a holding company as well. Is that two fees?
Each corporation files its own return, so yes, each is priced. Where both are handled together the second is more efficient than the first, because the balances between them are reconciled once rather than twice. Groups quoted as a single package are usually cheaper than two firms quoting separately.
What if my records are not in good shape?
Then they have to be put right before a return can be prepared, and that work is quoted visibly rather than absorbed into an inflated tax fee. Preparing a return from records nobody can tie back to the bank produces a filing that cannot be defended if anyone asks, which is a false economy for everyone involved.
Can I get a price without booking a meeting?
Largely, yes. Our calculator produces a specific figure in roughly two minutes from a short set of questions about your corporation. It exists because we would rather you knew the number before speaking to anybody at all. Please try the pricing calculator.
Do you offer any guarantee?
Yes. There is a 30-Day Money-Back Guarantee, together with a 60-Day Fees-Matching policy where comparable work is quoted lower elsewhere. Publishing a price and standing behind it is straightforward when the work is done properly, and it takes the risk out of changing firms.
How quickly can a return be completed?
With complete records, most straightforward corporate returns are prepared within a fortnight, and genuine deadline work is accommodated wherever possible. The real constraint is almost never our capacity; it is how long it takes to obtain the final documents from a bank or a previous accountant.
How do I get started?
Please book a free consultation and tell us the fiscal year end, roughly what the corporation turns over, and whether anything from earlier years is unresolved. We will explain what the work involves, commit to an exact flat figure in writing, and begin with whatever is nearest to a deadline. Book Free Consultation →

Corporate Tax Filing From $400, Committed in Writing.

Gondaliya CPA publishes where its corporate returns begin, confirms the exact figure before work starts, and never charges by the hour. A licensed CPA Ontario firm serving Markham companies remotely.

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