IBAN CPA
CPA Firm — Montreal, Quebec

Accounting expertise at the service of your growth

IBAN CPA provides rigorous, personalized accounting, tax, and advisory services to SMEs and entrepreneurs across Montreal and Quebec — tailored to your business, your goals, your stage.

CPA
Chartered Professional Accountant
Fully licensed with CPA Canada and CPA Québec — held to the highest professional and ethical standards.
3
Core service areas
Corporate taxation, accounting & compilation, and financial advisory — a complete offering for your business.
24h
Response time commitment
We respond to all client inquiries within one business day — because your time is as valuable as ours.
CPA Canada Licensed
CPA Québec Member
Bilingual Service (EN/FR)
Serving SMEs & Entrepreneurs
Transparent Pricing

A human approach to professional accounting

IBAN CPA is a Montreal-based CPA firm built around a simple premise: every business deserves accounting expertise that genuinely understands their challenges.

IBAN CPA Team
CPAQualified

Built for the entrepreneurs who build Montreal

Our firm accompanies businesses at every stage of their development — from incorporation and early-stage bookkeeping to complex corporate restructuring and tax planning. We specialize in SMEs, owner-managed businesses, and entrepreneurs who want more than a signature on a return.

We understand that accounting is only valuable when it's aligned with your business goals. That's why every mandate at IBAN CPA begins with listening: to your situation, your objectives, and the direction you want to take your company.

Operating from Montreal, we serve clients across Quebec in both English and French, providing the same rigorous, personalized service regardless of the complexity or size of the engagement.

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    Rigor & complianceAll engagements performed in accordance with applicable Canadian and Quebec professional standards.
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    Transparent relationshipsNo surprises on fees or scope. We explain what we do and why, in plain language.
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    Strict confidentialityYour financial data is protected and never shared without your explicit consent.

Our services

A complete accounting offering designed for owner-managed businesses and growing companies in Montreal and Quebec.

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Corporate Taxation

Preparation and filing of corporate income tax returns for operating and holding companies, in full compliance with CRA and Revenu Québec requirements.

  • T2 & CO-17 corporate returns
  • Federal and provincial compliance
  • Tax optimization strategies
  • Year-end planning support
Learn more →
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Bookkeeping & Financial Statements

Monthly digital bookkeeping and quarterly financial statement preparation so you always have a clear, accurate picture of your business finances.

  • Monthly bookkeeping on QuickBooks
  • Quarterly financial statements
  • HST/QST sales tax filings
  • Payroll reconciliation
Learn more →
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Compilation & Advisory

Compilation and review engagements performed under Canadian professional standards, plus strategic advisory services to support your business decisions.

  • Notice-to-reader compilation
  • Review engagement reports
  • Financial restructuring advice
  • Tax & financial planning
Learn more →
01
Corporate Taxation

What's included

Corporate tax is one of the most consequential areas for any business owner. Filing accurately and on time avoids penalties; filing strategically can significantly reduce your overall tax burden. At IBAN CPA, we prepare T2 (federal) and CO-17 (Quebec provincial) corporate income tax returns for both operating companies and holding/management companies.

Every return includes a review of your bookkeeping, adjusting journal entries where required, and preparation of financial statements for tax purposes. For operating companies, we also provide year-round tax guidance to help you make decisions — like timing a capital purchase or declaring a dividend — with a full understanding of the tax implications.

What is the filing deadline for a corporate T2 return?
The T2 must be filed within 6 months of your corporation's fiscal year-end. However, any tax owing is due within 2 months (or 3 months for certain CCPCs). Late filing attracts a 5% penalty plus 1% per month.
Do I need to file both federal and provincial returns?
Yes. Quebec is the only province that administers its own corporate tax separately. Quebec corporations file a CO-17 with Revenu Québec in addition to the T2 with the CRA.
What's the difference between an operating company and a management company?
An operating company runs your active business and typically qualifies for the Small Business Deduction (SBD), giving it a preferential tax rate on the first $500,000 of active business income. A management or holding company holds investments or retains surplus profits — its income is taxed at the general rate, though this can be advantageous for income splitting or asset protection strategies.
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Bookkeeping & Financial Statements

What's included

Clean, up-to-date books are the foundation of every good business decision. Our monthly bookkeeping service uses QuickBooks Online to categorize transactions, reconcile bank and credit card accounts, and ensure your records are accurate and CRA-compliant throughout the year.

We also prepare quarterly financial statements — income statement, balance sheet, and cash flow summary — so you can monitor performance, identify trends, and make informed decisions. Quarterly HST/QST sales tax filings are included, along with year-end preparation to streamline your corporate tax return.

Do I need to use QuickBooks, or can you work with my current software?
We primarily work in QuickBooks Online, which allows real-time collaboration, automated bank feeds, and efficient year-end preparation. If you use another platform, contact us to discuss — we accommodate client needs on a case-by-case basis.
How often will I hear from you during the year?
At minimum, monthly for bookkeeping and quarterly when we prepare your financial statements. We're also available for ad-hoc questions throughout the year — that's part of what an ongoing engagement means at IBAN CPA.
What does "digital bookkeeping" mean for my team?
You share receipts and bank statements digitally (via email, shared folder, or QuickBooks' receipt capture feature), and we handle the rest. You get real-time visibility into your books without managing spreadsheets.
03
Compilation, Review & Advisory

What's included

A compilation engagement (also called a Notice to Reader, or NTR) is the preparation of financial statements without assurance — the CPA compiles the information provided by management without verifying it independently. A review engagement provides limited assurance, with analytical procedures and inquiry to identify any material misstatements. Both are performed in accordance with CPA Canada standards.

Beyond attestation services, our advisory practice supports business owners in financial restructuring, dividend vs. salary decisions, corporate reorganizations, and strategic financial planning. Whether you're preparing to sell your business, bring in a partner, or simply optimize your structure, IBAN CPA provides the analysis you need to make confident decisions.

When does my bank or lender require a compilation report?
Most lenders and landlords require financial statements prepared or reviewed by a CPA before extending credit or signing a commercial lease. A compilation report is typically sufficient for small business lending; larger credit facilities may require a review or audit.
What's the difference between a compilation and an audit?
An audit provides the highest level of assurance — the CPA independently verifies financial information, tests internal controls, and provides an opinion. A compilation provides no assurance. A review falls in between. For most private SMEs, a compilation is sufficient.
Do you provide advice on salary vs. dividends for owner-managers?
Yes — this is one of the most common and impactful tax planning decisions for owner-managers. The optimal mix depends on your personal income, RRSP room, CPP contributions, and your corporation's tax rate. We model the scenarios and recommend based on your full picture.

Straightforward pricing

Our fees are based on the scope and complexity of each engagement. The prices below are indicative for a typical SME — contact us for a personalized estimate.

Monthly service
Bookkeeping Package
$500 / month
Starting price for a typical SME. Final fee depends on transaction volume and complexity.

  • Monthly bookkeeping on QuickBooks Online
  • Quarterly HST/QST sales tax filings
  • Quarterly financial statements
  • Year-round email support
  • Year-end file preparation
Get a custom quote
Annual engagement
Management / Holding Company Return
$1,200 / year
For management companies and holding/investment corporations.

  • T2 federal corporate income tax return
  • CO-17 Quebec provincial tax return
  • Bookkeeping review & adjusting entries
  • Financial statements (tax purpose)
Get a custom quote
Note on compilation engagements: An additional fee applies for compilation (Notice to Reader) reports required by lenders, landlords, or other third parties. Pricing varies based on the complexity of the financial statements and the purpose of the report. Contact us for a specific quote.

What makes us different

Lots of firms can file a return. Fewer can help you actually understand your numbers and use them to make better decisions.

  • 01

    Personalized — not templated

    We take the time to understand your specific situation before recommending any approach. Your business is not like anyone else's.

  • 02

    Bilingual, native-Montreal expertise

    We operate in both English and French and deeply understand Quebec's dual federal-provincial tax system — CRA and Revenu Québec both.

  • 03

    Accessible, responsive communication

    You won't chase us for answers. We commit to same-day or next-business-day responses and proactively share information you need.

  • 04

    Year-round relationship — not just tax season

    We're a resource throughout the year, not just at filing time. Decisions made in March affect your September return. We help you see the whole picture.

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Jurisdictions covered — CRA & Revenu Québec
EN/FR
Bilingual service in English & French
SME
Specialized focus on owner-managed businesses
QC
Based in Montreal, serving all of Quebec

Frequently asked questions

Answers to the questions we hear most from business owners and entrepreneurs considering working with a CPA firm.

Software handles the recording of transactions — a CPA handles the interpretation, compliance, and strategy. QuickBooks can categorize your expenses; a CPA tells you which of those expenses are deductible, how to structure your compensation, and whether your corporate structure is still optimized for your current revenue level. The software is a tool; the CPA is the professional who makes that tool useful. Most business owners benefit from both.
There's no universal answer, but most professionals recommend considering incorporation when your annual net income exceeds $80,000–$100,000. At that point, the corporate small business tax rate (approximately 12.2% combined federal-provincial in Quebec on the first $500,000 of active business income) becomes meaningfully lower than your personal marginal rate. Incorporation also provides limited liability protection and more flexibility for income splitting and tax deferral. We can model the before-and-after for your specific situation.
Typically: your previous year's corporate tax return (if applicable), year-end bank and credit card statements, loan and mortgage statements, shareholder loan account details, QuickBooks or other bookkeeping file, and any receipts for major purchases or disposals during the year. If you've been with us for bookkeeping throughout the year, most of this is already in order — that's one of the main advantages of an ongoing engagement.
A Notice to Reader — now formally called a Compilation Engagement Report — is financial statements prepared by a CPA from information provided by management, without the CPA verifying or auditing that information. It's the lowest (and most affordable) level of CPA assurance. Banks, landlords, government programs, and business buyers often require financial statements bearing a CPA's name before they'll proceed. If you need external financing, commercial real estate, or are preparing to sell your business, you likely need a compilation report.
Switching is simpler than most business owners expect. We handle the file transfer process and communicate with your previous accountant to obtain prior-year returns, working papers, and any other documents we need. You provide written authorization, and we do the rest. Most transitions are completed within a few weeks with no disruption to your operations.
Absolutely. IBAN CPA is a bilingual firm — we serve clients comfortably in both English and French. All documents, communications, and engagements can be conducted in either language based on your preference. We also prepare tax returns and financial statements in both official languages as required.
Ready to get started?

Let's talk about your business

Book a free, no-obligation consultation to discuss your accounting needs and get a custom quote. Most consultations take 30 minutes.

Book a free consultation 📞 514-613-8369

Contact us

We respond to all inquiries within one business day. For urgent matters, call us directly.

We'd love to hear from you

Whether you're looking for a first-time engagement, switching from another firm, or simply have questions about your accounting situation — we're happy to have a no-pressure conversation.

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Phone
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Location
Montreal, Quebec, Canada
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Languages
English & French (bilingual)

Send us a message

Tell us a bit about your situation and we'll get back to you with next steps.