Frequently Asked Questions
General
We work with individuals, self-employed professionals, startups, small businesses, and growing companies across Canada. Whether you need help with taxes, bookkeeping, or financial planning, we are here to support you.
No. While our office is located in Oakville, Ontario, we also provide virtual accounting and tax services to clients across Canada.
At OakBooks Accounting Services, we believe every business deserves accurate financial information and trusted guidance. We provide personalized service, practical financial insights, and dependable accounting support that helps businesses grow with confidence.
Our Services
We offer a wide range of accounting and business support services, including:
- Bookkeeping and accounting
- Personal and self-employed tax filing (T1)
- Corporate tax filing (T2)
- Tax planning
- Payroll management and support
- Business registration and incorporation
- HST return filing
Absolutely. We assist with business registration and incorporation, helping you choose the right business structure and complete the necessary registration process.
Yes. We manage payroll processing, employee deductions, payroll records, and other payroll-related support to help keep your business compliant.
If your business is required to register for Harmonized Sales Tax (HST), you must file HST returns. We help you prepare and submit accurate HST returns on time.
Yes. Through effective tax planning, we help individuals and businesses identify legitimate tax-saving opportunities while remaining fully compliant with Canadian tax laws.
Tax Filing
Yes. We prepare and file T1 tax returns for employees, self-employed individuals, retirees, and other taxpayers while helping you claim eligible deductions and credits.
Yes. We prepare and file T2 corporate tax returns for incorporated businesses, ensuring compliance with Canadian tax regulations.
The required documents depend on your situation but may include:
- T4, T5, or other income slips
- Business income and expense records
- Previous tax returns
- Receipts for eligible deductions and credits
- Investment or rental income records
We will let you know exactly what is needed for your specific case.
Bookkeeping
Bookkeeping involves recording your daily financial transactions, while accounting focuses on analyzing, organizing, and reporting your financial information to help you make informed business decisions and meet tax requirements.
Regular bookkeeping — weekly or monthly — is recommended to keep your financial records accurate, monitor cash flow, and make informed business decisions.
Security & Getting Started
Yes. We treat all client information with strict confidentiality and use secure processes to protect your personal and business financial data.
Getting started is easy. Contact us by phone or through our website to schedule a consultation. We will discuss your needs and recommend the best accounting solution for you.