The 7 Best Accountants in Toronto

Finding the right accountant is crucial for managing your finances, whether you’re a small business owner, freelancer, or an individual looking to optimize your tax returns. Toronto offers a diverse array of accounting professionals who can provide expertise tailored to your specific needs. From basic bookkeeping to complex financial planning, the 7 Best Accountants in Toronto are equipped to help you navigate the intricacies of financial management with ease. Before diving into the main content, here’s a quick overview of the typical services, key considerations, and potential costs associated with hiring an accountant in Toronto:

Tax preparation and filing – Prices range from $100 to $500 depending on complexity.

Bookkeeping services for businesses – Costs typically range from $30 to $80 per hour.

Financial planning and budgeting – Rates may vary between $100 and $200 per session.

Audit and assurance services – Pricing starts around $1,000 for small businesses.

Payroll management for organizations – Monthly fees range from $200 to $500.

Corporate tax strategies and compliance – Expect costs from $1,500 to $5,000 annually.

Business consulting and financial analysis – Fees may range from $100 to $250 per hour.

When selecting an accountant, consider factors like their certifications, expertise in your industry, communication style, and transparency in pricing. This guide will help you identify the top professionals in Toronto for your financial needs.

1. Convocation Hall
2. St. Lawrence Tax & Accounting
3. Tax Mechanic

4. Md Tax
5. Dimaro Tax Service
6. Sigma Tax Accountant
7. Dwayne Richards CPA

Number of companies

1488

Verified reviews

4,66

Average rating

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1. Convocation Hall

★ ★ ★ ★ ★ 4,3/5

31 King's College Cir, M5S 1A1, Toronto

Auditorium

Why we chose them

Convocation Hall is a stunning domed rotunda situated on the picturesque grounds of the University of Toronto in Toronto, Ontario, Canada. Renowned for its architectural elegance and historical significance, this auditorium serves as a distinguished venue for a variety of events, from academic ceremonies to cultural performances. Its timeless design and exceptional acoustics make it a landmark that embodies both beauty and functionality, attracting visitors and event organizers alike.

The auditorium is a versatile space that has become a cornerstone for gatherings within the university and the broader community. With its impressive dome and spacious interior, it offers a unique setting that enhances the experience of any event held within its walls. Selected for our directory due to its blend of aesthetic appeal and practical utility, this venue stands out as an iconic destination for memorable occasions in Toronto.

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2. St. Lawrence Tax & Accounting

★ ★ ★ ★ ★ 4,9/5

248 The Esplanade, M5A 4J6, Toronto

Tax preparation service

Why we chose them

St. Lawrence Tax & Accounting stands out as a trusted partner for tax and accounting solutions in Toronto. With over 15 years of experience, the firm offers a comprehensive range of services, including tax preparation, bookkeeping, payroll, company formation, tax appeals, and consulting. Their seasoned team, led by President & CEO Masudur Laskar, combines professionalism with personalized care, ensuring that clients receive tailored guidance to meet their unique financial needs. Known for their integrity and client-centric approach, they have built a reputation for simplifying complex tax and accounting processes while fostering long-term relationships based on trust and transparency.

What sets this firm apart is its welcoming and client-focused environment, where expertise meets hospitality. Visitors are encouraged to drop by for a chat about their financial goals over a cup of coffee, reflecting the firm’s commitment to making clients feel at ease. With a focus on precision and care, St. Lawrence Tax & Accounting has earned high praise from clients for their professionalism and ability to deliver exceptional results, whether it’s securing refunds or guiding businesses through corporate tax intricacies. Their dedication to providing top-tier service makes them a standout choice for individuals and businesses alike.

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3. Tax Mechanic

★ ★ ★ ★ ★ 4,7/5

Bank of Canada Building, 250 University Ave, M5H 3E5, Toronto

Tax consultant
Accounting firm
Bookkeeping service
Financial advisor
Financial audit
Financial planner
Tax assessor
Tax department
Tax preparation
Tax preparation service

Why we chose them

Tax Mechanic stands out as a premier tax firm in Canada, offering over 35 years of expertise in navigating complex tax matters for individuals and businesses alike. Their comprehensive range of services includes individual and corporate tax returns, GST/HST filings, payroll services, bookkeeping, and specialized assistance for self-employed individuals and content creators. Known for their ability to resolve unfiled taxes, negotiate tax debt relief, and provide robust audit defense, the firm is a trusted partner in ensuring compliance and minimizing stress during tax season. Their team’s agile and diverse expertise is tailored to deliver innovative, client-focused solutions across the country.

In addition to core tax services, the firm excels in handling unique financial challenges such as cryptocurrency and NFT consulting, voluntary disclosure applications, and tax court representation. With a commitment to protecting clients’ peace of mind, they offer tailored financial planning and tax-saving strategies designed to maximize returns and reduce liabilities. Testimonials highlight the firm’s prompt, professional approach and their ability to simplify tax complexities, making them a go-to resource for Canadians seeking expert guidance. Whether for individuals, entrepreneurs, or corporations, their dedication to delivering personalized, efficient support sets them apart in the industry.

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4. Md Tax

★ ★ ★ ★ ★ 4,9/5

3438 Yonge St, M4N 2M9, Toronto

Accountant
Tax consultant
Accounting firm
Chartered accountant
Tax preparation

Why we chose them

MD Tax specializes in providing tailored tax and consulting services exclusively for medical doctors in Ontario. The company focuses on simplifying tax processes for physicians at all career stages, including residents, fellows, self-employed, and incorporated practitioners. With in-depth knowledge of the unique financial challenges faced by medical professionals, MD Tax offers services such as tax preparation, tax planning, incorporation assistance, and business advice. Leveraging advanced technology like cloud-based accounting systems and industry-leading tax software, the firm ensures efficient and personalized solutions to meet its clients’ needs while maintaining transparent pricing and individualized support.

What sets MD Tax apart is its commitment to delivering personalized service through experienced CPA professionals, specifically trained in physician-related tax and business matters. The firm collaborates with external medical and legal advisors to stay ahead of emerging issues in the healthcare industry. Testimonials from satisfied clients highlight the firm’s responsiveness, professionalism, and ability to navigate complex tax scenarios, such as cross-provincial or international tax issues. By helping over 300 doctors annually, MD Tax has established itself as a trusted partner for Ontario physicians seeking reliable and stress-free financial management solutions.

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5. Dimaro Tax Service

★ ★ ★ ★ ★ 4,9/5

1177 Victoria Park Ave, M4B 2K5, Toronto

Tax preparation
Accountant
Bookkeeping service
Tax assessor
Tax collector's office
Tax consultant

Why we chose them

Dimaro Tax Service stands out as a fast-growing tax preparation firm offering a comprehensive suite of services tailored to both individuals and businesses in the Greater Toronto Area. Specializing in everything from personal tax returns to corporate tax preparation, the company’s expertise extends to self-employed tax filings, CRA audits, and business incorporation services. With a team of highly skilled Chartered Professional Accountants and Certified Management Accountants, they ensure accuracy and compliance while maximizing refunds and minimizing tax liabilities for their clients. Their commitment to understanding individual needs and providing innovative, long-term solutions has made them a trusted partner for clients across diverse industries.

Located on the Scarborough/North York border, this firm serves communities east of Toronto’s downtown core, including areas like Markham, Pickering, and Whitby. Their services encompass accounting and bookkeeping, payroll management, sales tax consulting, and tax planning, making them a one-stop solution for financial and tax-related needs. Known for their professionalism, affordability, and reliability, they cater to a wide range of clientele, from real estate agents navigating complex tax scenarios to corporations needing T2 tax return assistance. Their dedication to staying updated on tax laws and providing personalized service ensures their clients receive the best possible outcomes year-round.

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6. Sigma Tax Accountant

★ ★ ★ ★ ★ 4,0/5

3079 Dufferin St, M6A 0C3, Toronto

Tax preparation service
Bookkeeping service
Certified public accountant

Why we chose them

Sigma Tax Accountant stands out for its comprehensive range of financial services tailored to individuals and businesses. With over 15 years of professional experience, the company specializes in personal and corporate taxes, U.S. tax preparation, accounting and bookkeeping, and CRA audit appeals. Their commitment to accuracy and efficiency ensures clients receive the maximum possible refunds, making them a trusted choice for all tax-related needs. Whether handling self-employed tax filings or complex corporate returns, their expert team delivers reliable solutions with a focus on client satisfaction.

In addition to tax services, the company also offers instant tax refunds, streamlining the process for those seeking quick financial relief. Their dedication to professionalism and precision is evident across their services, from meticulous bookkeeping to navigating audit complexities with the Canada Revenue Agency. Sigma Tax Accountant’s expertise in both Canadian and U.S. taxes makes them a versatile partner for cross-border financial matters, catering to diverse needs with efficiency and expertise.

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7. Dwayne Richards CPA

★ ★ ★ ★ ★ 4,9/5

116 George St, M5A 3S2, Toronto

Accountant

Why we chose them

Dwayne Richards CPA stands out as a trusted and highly skilled financial expert in Toronto, Ontario, offering specialized services in both personal and corporate tax returns. With over 25 years of experience as a licensed accountant, including more than 5 years focused on tax accounting, the company excels in simplifying complex tax processes for individuals and businesses. Catering to former corporate professionals transitioning into entrepreneurship, the firm combines extensive expertise with an educational approach, empowering clients to understand the “whys” and “hows” of their financial decisions. Clients praise the firm for its seamless and personalized assistance, ensuring confidence and clarity in managing their taxes.

Known for its client-first philosophy, the firm goes beyond traditional accounting services by providing holistic guidance and financial planning. Whether navigating tax challenges as a sole proprietor or seeking advice on reducing income taxes, the company’s tailored solutions meet diverse needs. With a genuine commitment to client well-being, the firm also supports individuals new to managing taxes, offering educational resources to foster financial independence. Testimonials highlight the firm’s attentiveness, efficiency, and approachable nature, making it an invaluable partner for financial success within the Greater Toronto Area.