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Thomas Xu, CPA, MMPA, In-depth Tax Specialist logo logo
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Thomas Xu, CPA, MMPA, In-depth Tax Specialist

2005 Sheppard Avenue East, North York, ON

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About

We are a full-service CPA firm located in North York, near the intersection of Sheppard Ave. E. and Hwy 404. Our dedication is to superior client service and relationships. We are committed to providing close, personal attention to our clients.

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Verified business
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36 min response time

Reviews (4)

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5/5

4 customer reviews

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18 March 2024

Super glad to be working with Thomas! I have been operating a small business since 2019. I can't believe that my previous accountant expensed 20k+ HST I paid through the customs broker as business expenses for all these past years. Thomas found these missing tax credits the first day he became my accountant and had access to my Quickbooks account!!! So unreal, I feel like I was the one who made more money from working with Thomas! More...

13 January 2024

I have had the pleasure of working with Thomas for over two years. From setting up my professional corporation to exploring different benefits relating to incorporation, Thomas is an extremely qualified and knowledgeable tax advisor. Thomas is sincere and and thoroughly shares what will work best for me and my family and is committed to finding the best solution. I found this to be incredibly valuable in working with him. I am extremely grateful to have Thomas as part of my wealth management team and personally feel that he would provide great value to any business owner and their company. More...

21 December 2023

My wife and I were blown away by the depth of knowledge Thomas has shared with us. We were so lost with our finances before, but we feel very comfortable now since we are working with Thomas.

17 December 2023

I have been working with Thomas for over 4 years. He is very knowledgeable.

Q&As

We provide financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost-effective accounting services. See the list of services we offer: https://kxcas.com/en/services/accounting/

Hiring a great accountant is crucial for businesses for several key reasons:

Financial Accuracy and Compliance: Accountants ensure accurate financial record-keeping, which is essential for compliance with tax laws and regulations. Their expertise helps avoid costly mistakes that can lead to legal penalties or audits.

Tax Expertise: They possess in-depth knowledge of tax laws and can identify tax deductions and credits, ensuring the business pays only what it owes and potentially saving money.

Strategic Financial Planning: Great accountants provide valuable insights for strategic planning, helping businesses to make informed decisions based on financial analysis and forecasting.

Cash Flow Management: They play a vital role in managing cash flow, a critical aspect for the survival and growth of any business. They help in budgeting and identifying areas where costs can be reduced.

Time Saving: Accounting is time-consuming. A skilled accountant frees up time for business owners, allowing them to focus on core business activities and growth.

A great accountant is not just a number-cruncher, but a vital partner in ensuring the financial health, compliance, and strategic growth of a business.





Services

http://www.kxcas.com/en/services/accounting/

http://www.kxcas.com/en/services/tax/

Personal tax preparation starts at $350 per year. We do not respond to further service enquiries for the 2023 personal tax preparation. Please call our office directly if you need to drop off/upload your tax information for filing.

Corporation tax preparation starts at $2,000 per year to ensure a quality service. We don't accept new clients that we cannot add value.

http://www.kxcas.com/en/services/assurance/

Assurance engagements start at $8,000 per year . Please call our office directly if you need our service. We do not respond to enquiries here.

Please call our office directly if you need our services. We only respond to service enquiries for projects in May 2024