CPA Accounting Firm and Accountant London Ontario

We support individuals and companies in London, Ontario with accounting, bookkeeping, payroll, and tax compliance.

Trusted by Hundreds of Canadians and their Businesses

Our Services

We are a leading CPA accounting firm that offers a full range of professional accounting services to meet the diverse financial needs of local residents and businesses. Our accountant in London Ontario provides bookkeeping, payroll, corporate and personal tax filing, strategic tax planning, and small business accounting. We also offer consulting services to help streamline financial operations, ensure tax compliance and support sound decision-making.

Backed by over fifteen years of experience, we support clients of all sizes, ranging from entrepreneurs and small businesses to large corporations and community organizations across multiple industries. Our approach focuses on understanding your goals and creating effective, timely solutions that drive growth and strengthen financial health.

Corporate Tax Services

Our Chartered Professional Accountants (CPA) are specialists in corporate taxation for small businesses in London, Ontario. Corporate taxes can be hard to understand and difficult to deal with, but our experienced team of corporate tax accountants are here to help you navigate the process with confidence.

We ensure your business is fully compliant with CRA requirements, minimizing the risk of interest charges, penalties, and CRA audits. Our services include precise corporate tax preparation and strategic tax planning tailored to your business. By identifying tax breaks and enhancing your tax situation, we will help reduce your overall tax payable and improve your company’s finances.

Bookkeeping Services

We have experienced bookkeepers who provide reliable and tailored online bookkeeping solutions for businesses of all sizes. Accurate and up-to-date bookkeeping is essential for compliance, tax audits, and making informed financial decisions.

We will ensure your company’s financial records are kept consistently and aligned with the business goals. We offer both ongoing and catch-up bookkeeping services to help you stay organized and in control of your finances. Our monthly financial reporting, including income statements, balance sheets, and cash flow statements, provides clear visibility into your revenue, expenses and overall financial health.

Payroll Management

Our comprehensive payroll service ensures your employees receive their pay on time for each pay period. We manage the entire payroll process to ensure your business runs smoothly. This includes the initial setup, paystubs, pay through direct deposits, year-end T4 filings and Records of Employment (ROE).

In addition, we handle all CRA payroll remittances, source deductions and workers’ compensation premiums (e.g. WSIB and WCB), ensuring all necessary documents are prepared and filed correctly. Each payroll is thoroughly reviewed by our team of payroll specialists to confirm the calculations and payroll source deductions, reducing the chance of errors or penalties.

With our all-in-one payroll service, you can work on your business while we carry out payroll administration with accuracy, timeliness, and full regulatory compliance.

Small Business

We assist small businesses in London, Ontario overcome challenges and reach sustainable prosperity. Our online accounting services ensure your financial information are reconciled, correct, and comply with CRA standards, so you have clarity and control over your finances.

Through personalized business advice, strategic planning, and tax optimization we help you improve your financial well-being and long-term growth. Our integrated approach is tailored to your business goals, which includes business succession planning, increasing profitability, strengthening operations and guiding you to financial stability.

Personal Tax Services

We offer a wide selection of personal tax services designed to simplify the filing process. From sole proprietors to individuals with diverse income streams, our knowledgeable team provides tailored support, covering preparation, filing, and tax-saving strategies for deductions and credits.

Our accountants stay informed about new tax rules to keep your return accurate and compliant. Whether your situation is basic or intricate, we aim to minimize what you owe and maximize your refund, giving you peace of mind and time back in your schedule.

Why Businesses Choose WTC

We are dedicated to providing high quality, personalized services to local businesses in London and Southwestern Ontario. Our team of Chartered Professional Accountants have been providing accounting services and tax solutions to businesses for over 15 years. We will provide practical financial solutions tailored to each client’s unique needs.

From CRA compliance and tax planning and to managing finances and accounting for specific accounting, we help businesses navigate local tax laws and regulatory requirements with confidence. Our in-depth knowledge of the London business environment allows us to create effective, compliant tax strategies while improving financial efficiency and guiding long-term growth.

Clients work with us for our professionalism, experience, and communication. We focus on customized service, ongoing engagement, and responsiveness to ensure all clients get the best solutions. Your business will get the tools, insight, and confidence needed to achieve financial stability and success in a competitive market.

Business Advisory

Working with our online local accounting firm means more than just tax filing. You have access to our business advisory service tailored to your needs. Our approach is to understand existing client needs to provide customized services that address specific business challenges. Whether it’s identifying areas that negatively affect profitability or developing practical solutions to improve it, our comprehensive and flexible strategies are designed to grow your business.

Our consulting services view the financial reporting process as an opportunity for solutions. This proactive approach allows us to find areas of improvement and implement strategies to enhance operational efficiency. By focusing on the unique needs of each client, we provide wealth management solutions that support long-lasting success.

CRA Compliance and Support

CRA compliance is critical for businesses to avoid penalties and proper tax management. Our accountants have a deep understanding of CRA regulations, making us a valuable partner for businesses in London and Southwestern Ontario. We negotiate with the Canada Revenue Agency (CRA) for payment plans or debt reduction to help businesses stay compliant and focused on growth.

Having dedicated CRA compliance support allows your business to meet regulatory requirements while focusing on core operations. This means you can operate with confidence knowing your tax obligations are being managed.

Experienced Accountants and Collaborative Approach

We pride ourselves on having a team of experienced accountants who are committed to delivering innovative and customized solutions for existing clients. Our collaborative approach means clients receive exceptional advisory services tailored to their needs. This proactive approach in our tax services ensures clients are always prepared for their tax obligations.

With over a decade of experience, our accountants bring a wealth of knowledge and expertise to the table. We know every business is unique and we strive to provide solutions that are responsive and effective. Our commitment to building strong relationships with our clients means you can always count on us to be a trusted partner in your financial journey.

Industry-Specific Expertise

As an online local accounting firm, we have experience in various sectors, including real estate, construction, technology, and professional services. Our industry-specific expertise allows us to provide solutions that address the unique challenges faced by businesses in these sectors. Our understanding of industry dynamics enables us to create customized strategies that align with the specific needs of each industry.

Using our specialized knowledge improves operational efficiency and contributes to overall business success. We provide consulting and business advisory services so local businesses get the expert support they need to succeed in their industry. This is what sets us apart as an industry leader.

We Are An Online Accounting Firm

We’ve formed partnerships with the leading cloud-based accounting software companies to provide customized, efficient solutions for your business in London, Ontario. Our paperless approach streamlines your company’s internal processes, increases efficiency, and promotes collaboration between you and our accounting team. With real-time, secure access to the business financials anytime and anywhere, our online accounting services keep you in control and connected to your business.

What Our Clients Are Saying About Us

We’re honoured to be an industry leader in providing reliable tax accounting services in London, Ontario. Here’s what our valued clients have shared about working with us.

I love the online approach that William and his team implements. It makes the process extremely easy. The deliverables are always on time. The tax advice we got are very helpful and practical. The team is always there whenever we have a question. Excellent work!

William is very knowledgeable in the e-commerce space. He educated me on the sales tax requirement for selling to different provinces and he also helped the company set up the backend system so that the accounting system, inventory system, Amazon, and Shopify are synchronized. Highly recommended for anyone looking for a modern-day accountant that works well with technology.

It's been a wonderful experience with William, who has sound knowledge of tax regulations and helped my business set up a structure to minimizes tax. His team is well proficient in handling both bookkeeping and payroll process. I am a satified with their work and highly recommended.

Whenever we have an accounting or a tax question, William was there to answer them. His advice helped us save a tremendous amount of taxes each year. He is also looking after the company’s books and has been keeping us up-to-date on the company’s performance each month. Excellent work!

William Chong is fantastic. I have had many other accountants in the past, but nobody has done such a great job. Very efficient, knowledgeable, responsive, and his fee is very fair. I highly recommend his company. Thank you William for your outstanding service!

I am very pleased with and highly recommend the accounting and consulting services WTC has offered. William manages my taxes, financial statements and corporate filings so that I can have peace of mind to concentrate on my other aspects of my business. He also provided me with invaluable, actionable advice on methods to streamline and expand my business.

The team at WTC did an amazing job helping my online business set up everything I need. Mohamed and William helped me incorporate my business, set up payroll and did the bookkeeping and year-end tax return. I recommend WTC Chartered Professional Accountant to anyone who needs an accountant to help set up their business.

Looking for an Accountant in London, Ontario?

We can help! Please contact us to schedule a complimentary consultation with our qualified accountant. Your situation will be reviewed, your specific needs will be addressed, and a free quote will be provided during the call.

Frequently Asked Questions

Here's a list of commonly asked questions about our accounting firm in London, Ontario.

What criteria should I consider to choose the right accountant?

Working with a good accountant is crucial to your business financial success. The first step is to clearly identify your accounting needs. Do you need payroll, bookkeeping, financial statement preparation, tax preparation or tax planning? Knowing exactly what services you require will allow you to find an accountant London Ontario who can meet your expectations.

Equally important are the accountant’s experience and credentials. Working with a Chartered Professional Accountant (CPA) means the accountant adheres to strict educational, ethical and professional standards. The CPA designation is a sign of expertise, integrity and a commitment to excellence.

Also, consider the accountant’s communication style, availability and responsiveness. Ongoing support, timely responses, and a clear understanding of your business objectives are key to a long-term partnership.

Why is it important for my business to keep its books correct and up to date?

Personalized tax planning is a strategic year-round approach to handling your finances to reduce your tax liability and support wealth management over time. Whether you’re an individual, sole proprietor or small business owner, we tailor our approach to your unique situation to ensure full tax compliance while maximizing available deductions and credits.

By working with a CPA (Chartered Professional Accountant), you get expert guidance on opportunities such as expense timing, income splitting, investment planning, and business advisory. Overall, it will help you eliminate penalties, increase potential refunds, and minimize the taxes you owe over time.

Personalized tax planning helps you save money and make informed financial decisions that strengthen your overall financial position.

What are the benefits of personalized tax planning with a CPA?

Personalized tax planning is a strategic year-round approach to managing your finances to reduce your tax liability and support long-term wealth management. Whether you’re an individual, sole proprietor or small business owner, we tailor our approach to your unique situation to ensure full tax compliance while maximizing eligible deductions and credits.

By working with a Chartered Professional Accountant (CPA), you get expert guidance on opportunities such as income splitting, expense timing, investment planning, and business advisory. This helps you avoid penalties, increase potential refunds, and minimize the taxes you owe over time.