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Main Background Markham Accounting Firm

Markham Accounting Firm for Individuals and Businesses

Xpress Accounting is a professional Markham accounting firm delivering accurate, compliant, and dependable accounting services for individuals, self-employed professionals, and businesses throughout the city.

 

Our Markham accounting firm focuses exclusively on serving residents and businesses located within Markham and the surrounding York Region.

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As a trusted local accounting firm, we understand the financial, regulatory, and operational environment faced by Markham’s diverse population and business community. Our role is to simplify financial management, reduce compliance risk, and provide clear insight into your financial position—so you can make informed decisions with confidence.

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Whether you are filing personal taxes, managing business income, or operating an established corporation, our Markham accountants provide structured, year-round support built on accuracy, transparency, and responsiveness.

What Sets Our Markham Accounting Firm Apart

PERSONAL ACCOUNTING

Choosing the right accounting firm is about more than submitting returns. It’s about trust, clarity, and long-term reliability.

 

At Xpress Accounting, we take a proactive, detail-focused approach to accounting.

Clients choose our Markham accounting firm because we provide:

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  • Clear explanations without unnecessary jargon

  • Accurate, CRA-compliant accounting work

  • Transparent pricing with no surprise fees

  • Responsive communication and reliable turnaround times

  • Proactive financial guidance throughout the year

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As a local accounting company, we work closely with Markham individuals and businesses that need dependable, organized, and compliant financial support.

Personal Accounting Services from a Markham Accounting Firm

Personal Tax Preparation (T1 Returns)

Our Markham accountants prepare accurate T1 personal tax returns while ensuring all eligible deductions and credits are applied correctly. We assist with:

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  • Employment income reporting

  • RRSP contributions

  • Childcare expenses

  • Medical credits

  • Tuition and education transfers

  • Rental income

  • Investment and capital gains reporting

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Our goal is to file your return correctly the first time while minimizing the risk of CRA reassessments or follow-up requests.

Self-Employed and Contractor Accounting

Markham has a strong base of consultants, technology professionals, trades, and independent contractors. If you are self-employed, your accounting needs extend beyond basic tax filing.

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Our Markham accounting firm supports self-employed individuals with:

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  • Business income reporting

  • Expense classification and optimization

  • HST/GST registration and filing

  • Capital cost allowance

  • Installment planning

  • Ongoing bookkeeping support

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We help ensure your business income is reported accurately and consistently while maintaining cash-flow predictability.

Newcomer and Cross-Border Tax Support

For newcomers to Canada or individuals earning income across borders, our Markham accountants assist with:

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  • Tax residency determination

  • Foreign income reporting

  • Treaty considerations

  • CRA compliance from the first year of filing

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Proper setup from the beginning helps prevent future compliance issues.

Markham is home to families, professionals, investors, and entrepreneurs with a wide range of tax situations.

 

Our personal accounting services are designed to support individuals at every stage of life.

BUSINESS ACCOUNTING

Business Accounting Services in Markham

Corporate Tax Returns (T2)

We prepare CRA-compliant corporate tax returns for Ontario corporations. Our process includes:

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  • Detailed expense verification

  • Depreciation and CCA analysis

  • Income and shareholder reporting

  • Corporate tax planning considerations

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Accuracy and compliance are central to our approach, helping businesses avoid penalties and maintain financial clarity.

Ongoing Business Accounting and Advisory

Beyond tax filing, our Markham accounting firm provides advisory services to help business owners understand and improve financial performance. This includes:

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  • Cash-flow forecasting

  • Budget development

  • Profitability analysis

  • Break-even planning

  • Financial reviews for growth decisions

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We help businesses move from reactive accounting to informed financial management.

Markham’s business landscape includes technology firms, professional services, manufacturing, healthcare practices, retail businesses, and incorporated small businesses.

 

Our Markham accounting firm supports businesses at every stage with structured, dependable accounting services.

BOOKKEEPING

Bookkeeping Services for Markham Businesses

Accurate bookkeeping is the foundation of every successful business.

 

Our Markham accounting firm provides full-cycle bookkeeping services that keep financial records organized, current, and audit-ready.

Monthly and Catch-Up Bookkeeping

Our bookkeeping services include:

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  • Transaction classification

  • Bank and credit card reconciliations

  • Expense tracking

  • Monthly financial summaries

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If your records have fallen behind, we offer catch-up bookkeeping to restore compliance efficiently.

Cloud-Based Bookkeeping Systems

We work with modern cloud-based accounting platforms that allow:

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  • Secure document uploads

  • Real-time financial access

  • Seamless collaboration

  • Consistent reporting

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This approach improves accuracy while giving business owners better visibility into their finances.

Payroll, HST, and Compliance Support

Our Markham accountants manage payroll and ongoing compliance requirements to help businesses meet all government obligations.

 

Services include:

  • Payroll Processing

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  • ​Source Deductions & Remittances

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  • T4 & T4A Preparation

  • ROEs

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  • HST/GST Filings

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  • WSIB Reporting

We ensure deadlines are met and filings are accurate, reducing compliance risk.

Markham Areas We Serve

Unionville | Thornhill (Markham portion) | Cornell | Box Grove | Milliken | Buttonville

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Regardless of location, every client receives the same level of professional service and attention.

Our accounting firm supports clients throughout Markham, including:

Work With a Trusted Markham Accounting Firm

If you are looking for a dependable Markham accounting firm, Xpress Accounting is ready to assist.

 

We work with individuals and businesses seeking reliable tax preparation, bookkeeping, payroll, and long-term accounting support.

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Our process is structured, transparent, and focused on accuracy, compliance, and reducing financial stress.

Frequently Asked Questions

Q: What services does a Markham accounting firm provide?

A: A Markham accounting firm provides tax preparation, bookkeeping, payroll, financial reporting, and compliance services for individuals and businesses operating in the city.

Q: Do your Markham accountants work with small businesses?

A: Yes. Our accountants support small businesses, contractors, professional practices, and corporations throughout Markham with scalable accounting services.

Q: How can a Markham accountant help with tax planning?

A: A Markham accountant reviews income, expenses, credits, and deductions to ensure accurate filing while identifying legitimate opportunities for tax efficiency.

Q: Do you offer virtual accounting services in Markham?

A: Yes. Our Markham accounting firm offers secure virtual consultations and cloud-based systems, allowing clients to work with us remotely.

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