Our experienced tax professionals provide comprehensive personal tax services for individuals, families, and estates across Canada and the United States. We help clients navigate complex tax regulations while maximizing tax savings, minimizing liabilities, and ensuring full compliance with federal, provincial, state, and local tax requirements. Whether you need annual tax return preparation, proactive tax planning, or estate tax guidance, our team delivers personalized solutions tailored to your financial goals.
Income Tax Returns (Canada and USA) & Planning
Accurate preparation and filing of personal income tax returns, combined with strategic tax planning to help reduce taxes and optimize financial outcomes.
Estate Tax Returns & Planning
Professional estate tax compliance and planning services designed to preserve wealth, minimize tax exposure, and facilitate smooth wealth transfers to future generations.
Sales Tax Returns (HST, GST, and Provincial Sales Tax)
Preparation and filing of GST, HST, and provincial sales tax returns, ensuring timely compliance and reducing the risk of penalties.
Accurate and timely tax preparation to avoid errors and penalties
Expert cross-border knowledge for Canadian & US income
Personalized tax planning strategies to optimize refunds
Professional guidance for estate and sales tax compliance
Year-round support and advice — not just during tax season
Send Us Your Documents
Our Corporate Tax Services are designed to support businesses of all sizes, from startups and owner-managed companies to established corporations. We provide comprehensive tax compliance, planning, bookkeeping, and payroll solutions that help organizations improve efficiency, manage risk, and achieve long-term financial success. By combining technical expertise with practical business insight, we help clients meet their obligations while identifying opportunities for tax savings and growth.
Corporate Tax Returns & Planning
Preparation and filing of corporate income tax returns, along with strategic tax planning to maximize deductions, credits, and overall tax efficiency.
Charitable & Not-for-Profit Tax Returns
Specialized tax compliance services for charities and not-for-profit organizations, ensuring adherence to regulatory requirements and reporting standards.
Bookkeeping Services and Accounting System Setup & Training
Reliable bookkeeping, financial record management, and accounting software implementation with customized training to improve operational efficiency and financial reporting.
Payroll Services & T4/T5 Preparation
End-to-end payroll processing, government remittance management, and preparation of T4 and T5 information slips to ensure accurate and compliant reporting.
Expert Cross-Border Tax Knowledge - Specializing in both Canadian and U.S. corporate tax compliance and planning
Proactive Tax Strategy – We don’t just file returns; we help you structure your business to minimize tax and maximize savings
Accurate & Timely Filing – Ensuring full compliance with CRA/IRS regulations and avoiding penalties or costly errors
Support for All Corporate Structures – Small businesses, professional corporations, partnerships, and incorporated entities
Tailored tax planning aligned with your business goals and growth stage
Send Us Your Documents
Reliable financial reporting is essential for informed decision-making and stakeholder confidence. Our Accounting & Assurance Services provide independent, accurate, and transparent financial information that supports business growth, regulatory compliance, and organizational accountability. We work closely with private businesses, charities, not-for-profit organizations, and condominium corporations to deliver high-quality assurance engagements tailored to their specific needs.
Audit Engagements (Private Enterprises, Charities, Not-for-Profits, Condominiums)
ndependent audits for private enterprises, charities, not-for-profit organizations, and condominium corporations, providing assurance and enhancing financial credibility.
Review & Compilation Engagements
Cost-effective financial statement reviews that offer a moderate level of assurance for lenders, investors, and stakeholders.
High-Quality, Independent Assurance – Enhancing credibility and trust in your financial statements
Experienced in Multiple Sectors – Private companies, Charities, Not-for-Profits, and Condominium Corporations
Clear Reporting for Better Decision-Making – We translate financial data into insights that support management and board decisions
Efficient & Transparent Process – Reduced disruption to your operations with structured planning and communication
Compliance & Risk Reduction – Ensures your organization meets regulatory, governance, and stakeholder expectations
Send Us Your Documents
In addition to accounting and tax compliance, we provide strategic advisory services that help businesses and families manage financial complexity, strengthen governance, and plan confidently for the future. Our consulting-focused approach delivers practical solutions designed to improve performance, support growth, and protect long-term wealth.
CRA Correspondence and Support
Professional representation and assistance with Canada Revenue Agency inquiries, audits, reviews, notices, and tax-related correspondence.
Family Trust Setup
Trust establishment and planning services designed to support wealth preservation, succession planning, and tax-efficient asset management.
Business Advisory Services
Strategic guidance on business planning, profitability, cash flow management, growth strategies, and operational improvements.
Corporate Finance & CFO / Controllership Service
Outsourced CFO and controllership solutions, financial analysis, budgeting, forecasting, and strategic financial leadership to support business success.
We communicate with the CRA on your behalf, simplifying audits, queries, and reviews
Guidance on financial management, structure, growth strategies, and operational efficiency
Expertise in Family Trust planning, business restructuring, and succession planning
Get executive-level financial leadership without the cost of a full-time CFO
We stay invested in your business success, growth, and financial health
Send Us Your Documents
Learn More
Learn More
Learn More
Learn More
With Freeman & Lourenco LLP, you gain more than just accounting services—you gain a trusted advisor dedicated to helping you achieve your financial goals. We take the time to understand your specific needs and tailor our solutions to meet them, ensuring that you receive the highest level of service and value. Let us help you unlock your financial potential. Whether you’re managing your personal finances, running a business, or leading a non-profit organization, Freeman & Lourenco LLP is here to provide the expert guidance and support you need. Contact us today to explore how we can make a difference for you.
At Freeman & Lourenco LLP Chartered Professional Accountants, we make accounting, tax, and advisory services straightforward, organized, and personal. Whether you need personal tax preparation, corporate tax filing, bookkeeping, payroll, assurance services, or CRA support, our team follows a clear process designed to give individuals, families, businesses, charities, not-for-profits, and condominium corporations confidence at every step.
We begin by learning about you, your business, or your organization. During the initial consultation, we discuss your goals, tax situation, accounting requirements, filing deadlines, and any immediate concerns with CRA compliance, bookkeeping, payroll, HST/GST, corporate tax, or financial reporting.
This step allows our team to understand what matters most to you and recommend the right level of support. Whether you are an individual taxpayer, a small business owner, a professional corporation, a not-for-profit, or a condominium board, we tailor our approach to your needs.
Once we understand the scope of work, we help you gather the information required to complete your tax return, financial statements, bookkeeping, payroll filings, or assurance engagement. This may include income slips, receipts, prior-year returns, corporate records, bank statements, payroll reports, HST/GST information, investment details, or supporting documentation for CRA correspondence.
Our goal is to make the process as efficient and stress-free as possible. We help identify what is missing early, reduce back-and-forth communication, and keep your file moving forward in a timely and professional manner.
Our experienced accounting team carefully reviews your documents and prepares the required accounting, tax, or assurance work. Depending on your needs, this may include personal tax returns, corporate tax returns, estate returns, bookkeeping, payroll reporting, T4/T5 preparation, compilation engagements, review engagements, audits, or advisory analysis.
We look beyond simple filing. Our team considers accuracy, compliance, tax planning opportunities, financial reporting requirements, and areas where better organization or planning may help you make stronger financial decisions.
Our experienced accounting team carefully reviews your documents and prepares the required accounting, tax, or assurance work. Depending on your needs, this may include personal tax returns, corporate tax returns, estate returns, bookkeeping, payroll reporting, T4/T5 preparation, compilation engagements, review engagements, audits, or advisory analysis.
We look beyond simple filing. Our team considers accuracy, compliance, tax planning opportunities, financial reporting requirements, and areas where better organization or planning may help you make stronger financial decisions.
After your review and approval, we complete the filing or delivery process and provide you with the final documents for your records. This may include tax filings, financial statements, assurance reports, payroll slips, HST/GST filings, or correspondence support.
Our relationship does not end once the work is filed. Freeman & Lourenco LLP provides year-round accounting, tax, and advisory support for clients across Oshawa, Whitby, Ajax, Pickering, Durham Region, and the Greater Toronto Area. When questions arise, deadlines approach, or financial decisions need to be made, our team is here to help you move forward with confidence.
Freeman & Lourenco LLP provides personal tax preparation, personal tax planning, estate tax returns, Canadian and U.S. income tax return support, and sales tax return assistance for individuals and families in Oshawa, Whitby, Ajax, Pickering, Durham Region, and the Greater Toronto Area. Our CPA team helps clients file accurately, identify eligible deductions and credits, respond to CRA questions, and plan ahead for future tax obligations.
Whether your tax situation is straightforward or more complex, we take time to review your information personally and explain your return in clear language.
You should contact a CPA as early as possible if you have employment income, self-employment income, rental property income, investment income, pension income, foreign income, capital gains, U.S. tax considerations, estate matters, or CRA correspondence. Early planning gives your accountant more time to review slips, receipts, deductions, credits, instalments, and potential tax-saving opportunities.
For most Canadian individuals, tax season becomes much smoother when documents are gathered before the filing deadline. If you are self-employed, own rental property, sold investments, or experienced a major life change, professional tax advice can help reduce errors and avoid missed planning opportunities.
Common documents include T4 slips, T5 slips, T3 slips, RRSP contribution receipts, charitable donation receipts, medical expenses, childcare receipts, tuition slips, property tax or rent information, investment statements, rental income and expense records, business income and expenses, and any CRA notices or correspondence.
If you are unsure which documents apply to your situation, our team can provide a checklist based on your income sources and personal circumstances. Having organized records helps us prepare your tax return efficiently and review potential deductions and credits properly.
Yes. We help self-employed individuals, contractors, consultants, freelancers, tradespeople, and small business owners prepare accurate personal tax returns and report business income properly. This includes reviewing income, deductible expenses, vehicle expenses, home office expenses, HST/GST considerations, instalments, and recordkeeping requirements.
Self-employed taxpayers often have more planning opportunities than traditional employees, but they also face more compliance responsibilities. Our Oshawa CPA team helps you understand what can be claimed, what documentation should be kept, and how to plan for taxes throughout the year.
Yes. Freeman & Lourenco LLP assists executors and families with estate tax returns, final personal tax returns, and related tax planning. Estate and trust matters can involve income reporting, investment income, capital gains, RRSP or RRIF income, beneficiary reporting, and CRA clearance considerations.
We help executors understand what needs to be filed, what information must be gathered, and how to manage tax deadlines during an already difficult time. Professional support can reduce stress and help ensure estate tax obligations are handled properly.
Yes. If CRA sends a review letter, notice of reassessment, request for information, or other tax correspondence, our team can help you understand the issue and prepare a clear response. CRA questions may relate to medical expenses, donations, moving expenses, rental income, foreign income, self-employment income, investment income, or other items on your return.
It is important not to ignore CRA correspondence. We help clients respond professionally, provide supporting documents where required, and resolve issues as efficiently as possible.
Personal tax planning helps you understand your tax position before filing season arrives. It may include RRSP planning, instalment planning, capital gains planning, income timing, charitable giving, pension income splitting, estate planning, and planning for self-employment or rental income.
The goal is not just to file your tax return. The goal is to help you make informed decisions throughout the year so you can avoid surprises, maintain CRA compliance, and improve your overall financial position.
Freeman & Lourenco LLP provides corporate tax return preparation, corporate tax planning, bookkeeping services, accounting system setup and training, payroll services, T4 and T5 preparation, HST/GST return support, and tax services for charities and not-for-profit organizations.
We work with small and medium-sized businesses, owner-managed corporations, professional corporations, family businesses, and organizations across Oshawa, Durham Region, and the Greater Toronto Area. Our goal is to help business owners stay compliant, organized, and better prepared for growth.
A Canadian corporation generally must file its T2 corporate income tax return within six months after the end of its fiscal year. The tax payment deadline may be earlier than the filing deadline, depending on the corporation’s circumstances.
Because corporate filing and payment deadlines are not always the same, business owners should not wait until the filing deadline to review their tax position. We help corporations plan ahead, estimate balances owing, review instalment requirements, and avoid unnecessary interest or penalties.
Corporate tax planning is the process of organizing your business finances, compensation, expenses, structure, and timing of transactions in a tax-efficient and compliant way. For owner-managed businesses, this may include salary versus dividends, shareholder loans, capital asset purchases, HST/GST planning, bookkeeping accuracy, retained earnings, and year-end tax estimates.
Good corporate tax planning is not something that happens only at year-end. Ongoing planning helps business owners manage cash flow, avoid tax surprises, make better financial decisions, and ensure the corporation is meeting its CRA obligations.
Yes. We help businesses set up and improve bookkeeping systems so financial information is organized, accurate, and useful. This may include chart of accounts setup, accounting software training, bank reconciliation processes, HST/GST tracking, payroll integration, and monthly or quarterly bookkeeping workflows.
Reliable bookkeeping is the foundation of strong tax planning and business decision-making. When your records are accurate throughout the year, corporate tax filing, payroll reporting, HST/GST filing, financing applications, and management reporting become much easier.
Yes. Freeman & Lourenco LLP assists with payroll services, payroll reporting, T4 slip preparation, T5 slip preparation, and related year-end compliance. Payroll can involve employee wages, source deductions, taxable benefits, shareholder compensation, bonuses, dividends, and CRA remittance requirements.
Accurate payroll reporting helps employers avoid filing errors, late remittances, and employee reporting issues. We help business owners understand what needs to be filed, when it is due, and how payroll decisions connect to broader corporate tax planning.
Yes. We help businesses prepare and review HST/GST and sales tax filings, understand reporting periods, track input tax credits, reconcile sales tax accounts, and respond to CRA sales tax questions.
HST/GST compliance is especially important for growing businesses because filing frequency, collection requirements, and payment deadlines can vary. Our CPA team helps business owners stay organized and reduce the risk of missed filings, incorrect claims, or unexpected balances owing.
Yes. Even if a corporation has limited activity, proper bookkeeping is still important. Corporate bank transactions, shareholder advances, expenses, income, asset purchases, HST/GST accounts, and year-end balances need to be recorded accurately.
A corporation may still have filing obligations even when it has no income or minimal activity. Keeping clean records helps ensure the corporate tax return is prepared correctly and prevents small bookkeeping issues from becoming larger compliance problems later.
An audit provides the highest level of assurance and involves more detailed testing of financial information and controls. A review engagement provides limited assurance and is based mainly on inquiry, analysis, and review procedures. A compilation engagement organizes financial information provided by management into financial statements but does not provide assurance.
The right engagement depends on the needs of lenders, funders, boards, shareholders, regulators, condominium corporations, charities, not-for-profits, or business owners. Our team can help determine which level of reporting is appropriate for your organization.
An audit may be required by a lender, investor, government funder, regulator, board of directors, shareholder agreement, condominium corporation requirements, charity rules, not-for-profit requirements, or other external stakeholder. Some organizations choose an audit to improve governance, strengthen financial reporting, or provide greater confidence to stakeholders.
Freeman & Lourenco LLP provides audit engagements for private enterprises, charities, not-for-profits, and condominium corporations. We focus on clear planning, professional communication, and timely completion.
A review engagement provides limited assurance on financial statements. It is often suitable when an organization does not require a full audit but still needs financial statements that carry more credibility than internally prepared statements or a basic compilation.
Review engagements are commonly requested by lenders, boards, owners, funders, and other stakeholders. They can be useful for private companies, not-for-profits, charities, and condominium corporations that need professional financial reporting without the scope of a full audit.
A compilation engagement involves preparing financial information into financial statement format based on information provided by management. It does not provide assurance, but it can still be useful for tax filing, internal management, basic financing needs, and year-end reporting.
For many small and owner-managed businesses, a compilation engagement is a practical way to organize financial results and support corporate tax preparation. Our team can explain whether a compilation, review, or audit best fits your needs.
Yes. Charities, not-for-profits, and condominium corporations often have specific reporting, governance, budgeting, and stakeholder communication needs. They may require audit or review engagements, fund accounting, reserve fund reporting, board reporting, grant reporting, donation reporting, or compliance support.
Freeman & Lourenco LLP works with these organizations to provide clear financial statements and reliable assurance services. Our goal is to help boards, management teams, and stakeholders understand the financial position of the organization and meet required reporting standards.
Good preparation begins with organized bookkeeping, reconciled bank accounts, complete supporting documents, accurate payroll records, HST/GST reconciliations, board minutes where applicable, loan agreements, investment statements, and clear explanations for major transactions.
Our team helps identify what is needed before the engagement begins. Proper preparation reduces delays, improves communication, and helps ensure the final financial statements are completed in a timely and professional manner.
Yes. Lenders often request financial statements prepared by a CPA, and the required level of reporting may vary depending on the size of the loan, the business structure, and the lender’s risk assessment. Some lenders may accept a compilation, while others may request a review engagement or audit.
We help businesses understand lender requirements, prepare appropriate financial statements, and communicate clearly about timelines and reporting needs.
Freeman & Lourenco LLP provides CRA correspondence and support, family trust setup support, business advisory services, corporate finance assistance, CFO services, and controllership services. These services are designed for individuals, business owners, families, and organizations that need advice beyond annual tax filing.
Our advisory approach helps clients understand their numbers, improve financial systems, plan for future decisions, and respond to compliance issues with confidence.
Yes. We help individuals and businesses respond to CRA letters, review requests, reassessments, payroll questions, HST/GST questions, corporate tax issues, and other tax correspondence. We can help you understand what CRA is requesting, organize supporting documents, and prepare a professional response.
CRA correspondence can feel stressful, but many issues can be resolved with clear documentation and timely communication. Our team helps you avoid confusion and respond properly.
CRA representative authorization allows your accountant or CPA firm to access certain tax information and communicate with CRA on your behalf. This can apply to personal tax accounts, business tax accounts, trust accounts, and other CRA program accounts.
Authorization helps us review notices, balances, prior filings, instalment information, payroll accounts, HST/GST accounts, and other relevant tax details. This makes it easier to provide accurate advice and resolve CRA matters efficiently.
Yes. We assist with family trust setup support, trust tax planning, and related tax filing considerations. Trusts can be used in certain estate planning, business succession, family wealth, and asset protection strategies, but they require careful planning and proper administration.
Trusts can have annual filing requirements, beneficiary reporting, tax deadlines, and documentation responsibilities. Our team helps clients understand the accounting and tax implications before and after a trust is established.
CFO and controllership services provide higher-level financial support for businesses that need more than basic bookkeeping but may not require a full-time in-house finance executive. Controllership services often focus on accurate financial reporting, month-end processes, budgeting, reconciliations, and internal controls. CFO services are more strategic and may include cash flow forecasting, financing support, profitability analysis, growth planning, and management reporting.
For small and medium-sized businesses in Oshawa, Durham Region, and the GTA, outsourced CFO or controllership support can provide better financial insight without the cost of a full-time executive hire.
Business advisory services help owners understand their financial results, improve profitability, manage cash flow, plan for taxes, review pricing, prepare budgets, evaluate financing options, and make informed decisions. Advisory support can also help during business expansion, ownership changes, succession planning, or major investment decisions.
Freeman & Lourenco LLP combines accounting, tax, and business experience to help owners see the bigger picture. The goal is to provide practical advice that supports both day-to-day operations and long-term financial stability.
If you have missed filings, unreported income, HST/GST issues, payroll errors, or past tax reporting concerns, it is important to seek professional advice before contacting CRA. In some situations, the CRA’s Voluntary Disclosures Program may allow taxpayers to correct errors or omissions, subject to CRA rules and acceptance.
We can help review the situation, organize historical records, assess available options, and guide you through the next steps. Acting proactively is usually better than waiting for CRA to identify the issue first.
We provide year-round accounting, tax, and advisory support. Many clients first contact us for tax preparation, but ongoing support can be valuable for bookkeeping, payroll, HST/GST, CRA correspondence, corporate tax planning, estate planning, assurance services, and business advisory needs.
Year-round communication allows us to help clients plan ahead, avoid surprises, and make better financial decisions before deadlines arrive.
Your Trusted Partner in Accounting, Tax, and Advisory Services
