We provide specialized accounting and tax services to support IT professionals, startups, software/SaaS businesses, and tech firms across Ontario from our Toronto and Oakville offices.
Whether you need a full-service accounting firm for your business, a tax specialist for R&D credits, or advisory services to accelerate growth, we’re here to help.
Here are a few reasons why tech companies in Toronto work with Cassar CPA:
Ontario firms in software, SaaS, and technology development may benefit from federal SR&ED tax credits and provincial incentives. Cassar CPA helps you identify eligible R&D projects, maintain required documentation, and claim credits to reduce tax payable.
Tech firms that are Canadian-controlled private corporations (CCPCs) can obtain the Ontario Small Business Deduction on active business income. Cassar CPA ensures your corporate status, ownership structure, and taxable capital are set up to optimize this benefit.
From hardware and software licensing to cloud infrastructure costs, subscriptions, tools, and capital assets, we help classify expenses properly, leverage capital cost allowance (CCA) rules, and understand the “half-year rule” for new asset purchases.
“Their diligent approach and personal care have saved me thousands of dollars in taxes over the years!”
"You simply won’t get this quality of service from a big firm.”
“I’ve been working with Matt for a while now and I recommend him as much as I can to my friends and family”
“Cassar CPA has saved me a lot of time, money, and headache!”
“We love Matt and his team! We use them for our NFP organization and they’re always fast, flexible, and knowledgeable”
“Fantastic and knowledgeable team with very forward thinking practices.”
"Matt and his team provide clients efficient and speedy turnaround on monthly accounting and year-end services, while at the same time acting as an advisor on various finance matters.”
Here’s how Cassar CPA supports your tech firm:
We review your revenue model (subscription, one-time license, recurring maintenance, etc.), cost structure, asset base (hardware, software), payroll & contractor mix, cash flow timing, and compliance needs.
Guidance on incorporation vs sole-proprietorship or partnership, intellectual property or licensing income, how to treat software development costs, and ensuring your accounting, bookkeeping and systems capture everything needed for credits, audits, or funding.
Includes bookkeeping, financial statements, corporate tax returns, software revenue recognition, HST/GST filings, payroll / contractor payments, cost tracking (subscriptions, infrastructure), cloud costs, depreciation of hardware assets, and ensuring clean & compliant financials for investors or lenders.
We keep you informed about tax law changes, innovation tax incentives, compliance with privacy/data rules, help forecast for growth (hiring, servers, infrastructure), and assist in scaling operations in cost-efficient ways.
At Cassar CPA, we believe tech firms require accounting & tax advisors who understand both the pace of innovation and the rigors of regulatory compliance. That’s why as an accounting firm for tech & IT companies in Ontario, we offer deep tax credit expertise, clarity in revenue & cost recognition, and proactive financial support, so you can focus on product, engineering, and growth without financial surprises.
If you are an IT professional, tech startup, or software/SaaS company and need an accountant who speaks your language on development costs, cloud costs, subscription revenue, R&D, or investor-ready financials, Cassar CPA is here.
With offices in Toronto and Oakville, we serve tech firms throughout Ontario.
Let’s set up a discovery meeting to review your current situation and map out your path forward.
SR&ED is a federal tax credit program plus provincial incentives for companies doing research or experimental development. If you have qualified R&D work (for example new or improved software, solving technical uncertainty), you may claim SR&ED. Cassar CPA helps identify eligible work, keep required documentation, and submit claims properly.
If your business is a Canadian-controlled private corporation with active business income under certain thresholds, you may receive reduced tax rates via the small business deduction. Cassar CPA assists in structuring the business to retain eligibility.
Yes, operational costs (cloud, SaaS, subscriptions) are usually deductible as business expenses. Capital assets like servers, hardware, and sometimes major software may fall under Capital Cost Allowance (CCA) classes, allowing you to depreciate them over several years. Cassar CPA ensures classification and claims follow CRA’s rules.
Revenue recognition depends on what promises you make to the client (deliverables, support, upgrades). In Ontario/Canada, firms need to follow accounting standards (IFRS or ASPE) which define how and when revenue is recognized. Cassar CPA helps you set up systems to match your business model and ensure your financial statements reflect revenue accurately.
Many tech firms benefit from monthly or quarterly reporting: tracking burn rate, cash flow, deferred revenue, development costs. Cassar CPA works with you to pick a rhythm that helps manage growth, investor expectations, and compliance.
