FAQ

Accounting and tax FAQ for Canada

Straight answers to Canadian accounting, tax, bookkeeping, payroll, CRA and incorporation questions. If a question points to work we can do for you, we link the relevant service page so you are not stuck hunting through the site.

Common accounting and tax questions answered by a2z Financial Solutions
Answers

Canadian accounting and tax questions we hear most

Yes. We are a remote-first accounting practice based in the Toronto area and we serve clients across Canada. Most bookkeeping, tax, payroll and CRA support work is handled securely online, with calls when a decision needs explanation.

Fixed and up front. We quote a clear price for exactly what you need before any work starts, no hourly surprises and no metered phone calls.

Yes. Many clients have us handle their corporation (T2) and their personal return (T1) together so everything lines up and nothing is double-counted.

We work with QuickBooks Online, Xero, Sage and Tally, plus AI-assisted tools for speed and accuracy. For setup help, start with bookkeeping or the Software and AI guidance on the services page.

Yes. India-Canada taxation is a core specialty. We coordinate residency, foreign income, asset reporting and Canadian filing obligations so your Indian and Canadian details are reviewed together rather than in separate conversations.

Yes. Catch-up bookkeeping and back-filing multiple years are routine for us. Start with bookkeeping if the records are behind, or CRA support if the CRA has already contacted you.

Within one business day, and usually sooner. For anything urgent, call or WhatsApp and you’ll reach us directly.

Yes. The first call is free and there’s no obligation, we’ll understand your situation and give you a fixed quote before anything begins.

Yes. With authorization on file, we handle CRA reviews, audits, notices and reassessments. The CRA support page explains what we need first and how the response process usually works.

It depends on your income, goals and risk. We’ll model it honestly against your numbers and only recommend it if it genuinely helps.

Yes. We set up QuickBooks Online, Xero, Sage or Tally where they fit, and use AI-assisted categorisation with human review so automation speeds up the work without replacing judgement. Clean software setup is especially useful before payroll, GST/HST filing or corporate year-end.

Yes. Through business advisory we prepare cash-flow models, project reports for financing or grants, and practical internal controls for approvals, reconciliations and cleaner reporting.

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