Trusted Accounting and Tax Services for Individuals, Business Owners and Professional Advisors

I provide trusted accounting and tax services to individuals, business owners, and professional advisors across Ontario. My practice is built on Canadian and U.S. cross-border taxation, with over 30 years of full-time experience in tax consulting, corporate restructuring, estate planning, and financial advisory.

Specializing in Canadian & U.S. Cross Border Taxation for Individuals, Business Owners and Other Professional Advisors

Call : (647) 298-1339 for an Enquiry or an Appointment

The Benefits of Working with a Trusted Accounting and Tax Specialist

Tax obligations in Canada and the United States change constantly. A missed deadline or an incomplete filing can carry financial consequences for years. Working with a specialist who stays current on both sides of the border keeps your compliance on track and your exposure low.

Beyond accurate filings, I look for planning opportunities that lower your tax burden, structure transactions to protect your assets, and work alongside your lawyers, accountants, and financial advisors so nothing gets missed. Fewer surprises at tax time, stronger compliance with the CRA and the IRS, and a planning approach that saves money over the long term.

Advanced Accounting and Tax Services

My practice covers advanced accounting and tax services shaped to the needs of each engagement. Here is an overview of the core areas I work in.

Tax Consulting for Professional Advisors

I provide tax consulting to financial advisors, lawyers, accounting firms, and other professional advisors on complex client matters. That includes cross-border issues, U.S. tax returns, snowbird and expatriate filings, FBAR compliance, incorporations, restructuring, estate planning, and CRA appeals.

I take the lead on each engagement, review all relevant facts, and deliver a detailed instruction letter for you and your client’s lawyer. CRA election forms are prepared on request. My fees are competitive within the GTA, and I can invoice you or your client directly.

Business Engagements

For business owners, I prepare unaudited financial statements and tax returns to meet compliance needs. These engagements go beyond basic filing to include tax-efficient structuring and year-round advisory on corporate and partnership matters, including cross-border operations.

Financial Planning and Advisory

As your business matures, your expansion strategy and retirement goals may need adjustment. I assist with financial planning, business plans, cash flow projections, and financing. This work ties directly into succession planning and corporate restructuring, so your long-term objectives are backed by a sound tax strategy from the start.

Detailed Tax Services

My practice covers a broad set of specialized tax work, including but not limited to:

Estate Planning: estate freezes, income splitting, alter-ego and joint-partner trusts, wasting freeze-share redemptions, shareholder agreements, buy-sell planning, and wills.

Post-Mortem Planning: corporate restructuring (bump and pipeline strategies), terminal returns, and rights or things returns.

Corporate Restructuring and Succession Planning: inter-generational farm transfers, creditor proofing, capital gains purification, incorporation of professionals, employee share acquisitions, shareholder split-ups, asset spin-offs, capital gains crystallization, loss utilization, GRIP strategies, and capital dividend account distributions.

Partnership Restructuring: incorporation, wind-up, and conversion to proprietorship.

Immigration and Emigration Planning: residency and departure issues, Canadian and U.S. tax filings (T1, T2, T3, 1040/1040NR, 1120/1120F/1120S, 1065, 706/706-NA), U.S. rental property transactions, clearance certificates under Section 116, and cross-border branch operations.

Additional Services: debt forgiveness, foreign reporting (CRA Forms T1134, T1135, T1141, T1142), SR&ED tax credits (T661/T2038), and voluntary disclosure applications.

If your situation is not listed here, call or email to discuss it. Many of my engagements involve circumstances that don’t fit neatly into a checklist.

How I Work

Every engagement starts with a phone or email conversation. I review your situation, identify the key issues, and lay out the scope, timeline, and fees before any work begins.

For professional advisors, I take full ownership of the engagement and deliver a detailed instruction letter with findings, recommendations, and any required election forms. I coordinate with your client’s lawyer where needed and keep you informed at every stage.

For business owners and individuals, the process is the same: thorough review, clear communication, and a structured approach. A retainer may be requested depending on complexity. Most engagements move from initial review to completed deliverables within two to six weeks.

Fees and Billing

My fees are competitive with other specialized tax practitioners in the GTA. I bill per engagement and I am flexible with invoicing. I can invoice you or your client directly, whichever works. An initial retainer may be requested for new engagements. All fees are agreed upon before work begins.

For an estimate, call (647) 298-1339 or email lstolberg@lnsca.com.

Why Choose Larry Stolberg, CPA?

I have spent over 30 years practicing tax full-time. That kind of focus builds a depth of knowledge that generalist firms simply do not carry, especially on cross-border files.

Cross-border work is a core part of my practice. U.S. rental properties, snowbird filings, expatriate departures, and corporations with branch operations on either side of the border. I handle both the Canadian and U.S. sides personally.

Over three decades, I have built working relationships with accountants, lawyers, chartered business valuators, financial advisors, financing specialists, and bookkeepers across Canada and internationally. When an engagement calls for additional expertise, I bring in the right people.

I do not delegate your file to a junior associate. I take personal responsibility for every engagement, from initial review through to the final deliverable. With a head office in Milton and a second office in Waterloo, I serve clients across the GTA, the Tri-Cities, and Southwestern Ontario.

What Clients Say

Frequently Asked Questions

What is the difference between a review engagement and a compilation engagement?

A review engagement provides limited assurance on the financial statements through analytical procedures and inquiries. A compilation engagement involves preparing the statements without providing any assurance. Reviews carry more weight with lenders and third parties; compilations are more cost-effective for basic compliance and internal needs.

How do I know which type of engagement I need?

It usually depends on who is asking for the statements. If a bank or lender has requested “reviewed financial statements,” you need a review engagement. If you need year-end statements for tax filing or internal use, a compilation is typically sufficient. I can help you determine the right approach during our initial conversation.

Do you also prepare the corporate tax return?

Yes. I handle both the financial statements and the associated tax filings as part of the same engagement. That keeps your numbers consistent and avoids coordination issues between separate practitioners.

What records do I need to provide?

That depends on your bookkeeping setup. At minimum, I need your general ledger, bank statements, and supporting documents for significant transactions. If your books are not up to date, we can discuss options for getting them in order before the engagement begins.

How long does it take?

Most compilation engagements are done within two to four weeks of receiving complete records. Review engagements may take a bit longer depending on the procedures involved. I provide a timeline estimate before work starts.

Areas We Serve

My head office is in Milton, Ontario, with a second location in Waterloo. I serve clients across the Greater Toronto Area and Southwestern Ontario, including Agincourt, Burlington, Cambridge, Etobicoke, Guelph, Hamilton, Kitchener, London, Markham, Mississauga, Oakville, Oshawa, Scarborough, St. Catharines, Stoney Creek, Toronto, and Waterloo.

Many professional advisor clients and cross-border engagements are managed by phone and email, regardless of location.