Over two decades of experience with corporate and personal tax advisory.

We are a community based tax advisory and financial planning firm working with individuals and small to medium sized businesses.

Services

Corporate Tax Advisory

We help small to medium-sized businesses with bookkeeping services including:

- Accounts Receivable
- Accounts Payable
- Payroll
- Bank Reconciliation
- Inventory Management

We help you stay ahead of government deadlines and maintain order in your internal financial systems:

Corporate tax planning.
We also help prepare business filings for government reporting, such as:

- Filing corporate T2 tax returns
- Filing HST returns
- Filing T4, T4A, T5 returns
- Filing annual tax returns for Ontario corporations

We provide guidance on CRA reviews.

We can help set up your new business:

- Company registration and incorporation
- Setting up chart of accounts
- Setting up of payroll and HST accounts

Personal Tax Advisory

Our philosophy is simple: Pay yourself first.

We help optimize your tax returns by taking a proactive approach that minimizes your tax liability and maximizes your tax refunds.
We help prepare simple tax returns
(T4/T5, other T-slip)

Identify and claim eligible tax deductions (disability credits, tuition, eligible dependents, caregivers, etc.)

For Investors
- Manage tax for investments in stocks, bonds or mutual funds, and rental properties.

Tax Returns for the Self Employed
- For contractors, consultants and any other self-employed professionals.

Final Tax Returns
- We also help file final tax returns for the deceased.

Data Solutions

We develop custom database solutions for small to medium sized businesses and help automate business processes using Microsoft Access and Excel.

Strategy & Analytics

We empower decision makers at small to medium sized businesses with insights driven by your organizational data through Power BI.

We can help confidentially cleanse, consolidate and run analytics on operational, sales and other key data sets to identify key drivers of business performance, optimize operations and drive profitability.

We help democratize your organization’s data and make it easily available and accessible to executives and other decision makers using interactive dashboards.

Testimonials

Hear from our clients..

As 2023 begins, I wanted to share how grateful I am to have had Shahnaz of Oceanstone Consultants over the last 20 years.

They have handled every aspect of my business and guided me through the growth, from being self employed, to becoming incorporated and handling my payroll. Their support through Covid and guidance on what financial help was available to small businesses was invaluable.

Anne Barclay, Owner
Wanderlust Travel

Shahnaz was recommended to me by other high producing agents.  I can’t thank them enough for the recommendation. Shahnaz has helped me take my business to the next level.  

She completely looks after all of our accounting and keeps me on track and organized.  She is truly the best accountant that I have worked with and I feel that my business is in good hands.

Marianne Southall,
Women's Travel Club

Shahnaz has been handling our income tax returns for several years now. We went from being overwhelmed and somewhat disorganized to calmly efficient at organizing our paperwork. Shahnaz has guided and counselled us on how to maximize our tax savings and in doing so has helped grow our retirement savings immensely.  We now do as she advises and ‘pay ourselves first’.  I have recommended her services to friends and will continue to do so.

Tracy Skelton, Owner
Teachers Helper Daycare
(teachershelperdaycare.com)

As a small entrepreneur doing expenses, payroll and taxes were always my least favourite thing in the world! I moved to having Shahnaz from Oceanstone Consultants handle all my taxes, HST, payroll and monthly expenses and it was the best thing I ever did.

Shahnaz keeps me in line with what I need to do, assists with advice and most importantly truly cares about me and my business. I could not imagine running my business without her assistance on all the back-end paperwork that I just want done and not have to worry about – especially right before taxes are due each year! Tax time is no longer a dreaded season for me.

Carl Henderson, Personal Travel Consultant
Travel Professionals International (TPI)

Shahnaz has been a great to us for years! She takes care of everything when it comes to tax time so we never have to stress. Even throughout the year whenever we've needed anything (documents, advice, etc.), she's eager to step in and help at a moment's notice. Beyond impressed with her team's services!

Vicky Canning, Owner
My Little Love Baby Boutique

Shahnaz has been a Godsend in my life!  Not quite sure what I would do without her. Managing both my personal and business accounts she relieves me of so much stress.  She is always up to date with the latest regulations and takes extra time and effort to offer special advice to ensure I’m taking advantage of all that is available to help my financial position. Shahnaz has also been enormously generous in helping my parents get the most financially for their retirement.  Shahnaz is very knowledgeable, generous, kind and professional.  I wouldn’t hesitate to recommend her highly to anyone and everyone. Thanks Shahnaz!

Susan Barclay, Owner
Barclay Interior Design

I have been working with Oceanstone for over a decade and they have instrumental to setting up and growing my business.In addition to providing bookkeeping services, filing corporate tax returns and keeping us compliant with the CRA, the team at Oceanstone are professional, friendly, personable and caring - they have saved me tons of hassle and money. She is a one-stop-shop for any financial and business problems!

Juliet Isiko, Owner
Crane Healthcare

I was referred to Oceanstone by a friend four years ago when I needed to catch up on corporate tax filings. Since then, Ocenstone has become an essential business partner, providing guidance on business strategy and working capital management in addition to bookkeeping and CRA compliance. She has the best knowledge and is always good for a laugh, even when doing something as painful as taxes.

Diana Castillo, Owner
Jamaican Stamp Restaurant

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