Your Modern Accountant

What Your Modern Accountant does

Your Modern Accountant Ltd is a privately held Canadian accounting and tax services firm operating as a fully remote, cloud-based practice. The firm delivers personal (T1) and corporate (T2) tax preparation, bookkeeping, payroll, GST/HST filing, and fractional CFO and strategic business advisory services to individuals, self-employed professionals, and incorporated small businesses across Canada. Service delivery runs through a secure online client portal that handles document upload, secure communication, and workflow management without physical office visits, supported by an interactive Tax Package Recommender tool that triages prospects into appropriate service tiers.

The company's core technology stack is cloud-delivered rather than on-premise. Proprietary differentiators are focused on ease of use rather than algorithmic novelty: the Secure Client Portal manages document exchange end-to-end, and the Tax Package Recommender functions as a self-service lead qualification mechanism that routes prospects to either a self-directed tier or a free consultation. Revenue is generated through engagement-based and annual subscription pricing, with monthly membership retainers introduced for ongoing CFO services, year-round strategic advisory, and CRA correspondence handling. Service tiers differentiate Junior Accountant (work reviewed by Senior) versus Senior Accountant direct-handling across both personal and corporate filings.

The firm is positioned around serving rural Canadian communities and small-business verticals that are underserved by traditional urban practices, with explicit marketing emphasis on trades and home services, automotive enterprises, retail and e-commerce (including Shopify merchants), health and wellness providers, and professional and creative services. Geographic coverage is delivered via dedicated regional phone lines spanning British Columbia, Ontario, Alberta, and Saskatchewan, with the firm explicitly excluding Quebec. Headcount is reported in the 1–10 range, the entity is founder/owner-operated under Your Modern Accountant Ltd (British Columbia incorporation), and no institutional funding, parent company, or acquisition history is referenced in available materials.

Name

Your Modern Accountant

Legal name

Your Modern Accountant Ltd

Website

https://yourmodernaccountant.ca

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Your Modern Accountant is a Canadian remote accounting firm serving individuals and rural small businesses across BC, Ontario, Alberta, and Saskatchewan with personal and corporate tax, bookkeeping, payroll, GST/HST compliance, and fractional CFO services delivered through an online portal.

Ownership category

akta.pro rank

Product category

Accounting and Tax Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Personal tax preparation
• Corporate tax filing
• Bookkeeping and payroll
• Small business advisory
• Fractional CFO services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Personal Tax Filing Services: T1 personal income tax returns for individuals, couples, students, employed Canadians, and sole proprietors. Revenue generated per return with tiered pricing based on complexity.
2. Corporate Tax Filing Services: T2 corporate tax return preparation and filing for incorporated businesses. Includes GIFI mapping, schedule preparation, and CRA electronic submission.
3. Bookkeeping and Payroll Services: Ongoing bookkeeping, bank reconciliation, and payroll setup/management services. Typically billed as monthly retainer or package pricing.
4. GST/HST Filing Services: GST and HST return preparation and remittance services for businesses registered across all reporting frequencies (annual, quarterly, monthly).
5. Business Advising and CFO Services: Strategic financial advisory, tax planning, CFO-level guidance, and business coaching services. Offered as membership retainer plans for ongoing access.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Your Modern Accountant is a fully remote Canadian accounting and tax services firm that prepares personal (T1) and corporate (T2) tax returns, delivers ongoing bookkeeping, payroll and GST/HST filing, and offers fractional CFO and strategic business advising on monthly retainer plans. Services are delivered through a secure online client portal and an interactive Tax Package Recommender tool, serving individuals, sole proprietors and incorporated small businesses across Canada with a focus on rural communities in BC, Ontario, Alberta and Saskatchewan.

Product overview

Your Modern Accountant is a Canadian accounting and tax services firm offering a comprehensive suite of services organized into three main categories: Tax Services (tax preparation, corporate filing T2, CRA support), Business Advising (CFO services, strategic coaching, payroll, tax planning), and Accounting (bookkeeping, corporate accounting, HST filing, QuickBooks services). The company operates as a fully remote practice serving clients across Canada, utilizing an online client portal and Tax Package Recommender tool for service delivery. Core offerings include personal and corporate tax preparation, fractional CFO services, and GST/HST compliance, supplemented by specialized services for industries including trades, healthcare, retail, and professional/creative services.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Preparation Services Comprehensive tax preparation services for individuals and businesses covering personal T1 returns, corporate filings, and specialized returns for students, employed individuals, self-employed professionals, and rental property owners.
• Corporate Filing (T2) Corporate income tax return preparation and filing for Canadian corporations, including T2 returns, GIFI coding, schedule preparation and CRA electronic submission.
• CFO Services Fractional CFO-level strategic financial advisory for small businesses, delivered via membership retainer plans covering cash flow forecasting, budgeting, financial modeling, financing support and proactive tax planning.
• Strategic Business Coaching Business advisory engagement providing strategic planning, KPI development and guidance on growth and financial management decisions.
• Starting a Business Services Advisory services for new business setup, including incorporation guidance, corporate structure planning and foundational financial strategy.
• Payroll Services Payroll setup, management and compliance services including T4/T4A preparation, payroll deductions and contractor payment management.
• Tax Planning Advisory Year-round proactive tax planning including salary vs dividend analysis, corporate structure optimization, RRSP strategy and capital gains planning.
• Accounting Solutions Full-service bookkeeping and accounting support including financial statement preparation, bank reconciliation and ongoing accounting maintenance.
• Corporate Accounting Corporate accounting services including financial statements, GIFI coding, shareholder loan management and corporate tax compliance.
• HST Filing Services GST/HST return preparation and remittance for businesses across annual, quarterly and monthly reporting frequencies, including Input Tax Credit management.
• QuickBooks Services QuickBooks accounting software setup, training, reconciliation support and ongoing maintenance services.
• CRA Correspondence Support Representation and communication services with the Canada Revenue Agency, including handling review letters, reassessments, audits and notices of objection.

Quantifiable outcome

• Tax refunds obtained for clients who expected to owe
• +1 more outcomes

Named customers8 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Wealthsimple Tax: Canadian fintech offering free and paid personal tax-filing software. Directly competes with Your Modern Accountant's personal T1 tax service for the same Canadian consumer/SMB audience, often chosen for its zero-cost DIY alternative.
• TurboTax Canada (Intuit): Intuit's flagship Canadian tax-preparation product serving individuals and small businesses. Directly competes with Your Modern Accountant's personal tax service and competes with its QuickBooks-related bookkeeping add-ons through Intuit's full-stack ecosystem.
• Wave Accounting: Canadian-founded cloud bookkeeping, payroll, and invoicing platform now owned by H&R Block. Directly comparable as a cloud-first Canadian SMB accounting offering; Your Modern Accountant offers Wave software support, so it both partners and competes with Wave's in-house services.
• H&R Block Canada: Major Canadian tax-preparation franchise serving individuals and small businesses with both DIY software and in-person accountant services. Directly competes with Your Modern Accountant for personal and small-business tax clients across Canada.
• Bench (now part of Employer.com): Tech-enabled US bookkeeping service pairing SMB clients with dedicated accountants and proprietary software. Closely mirrors Your Modern Accountant's cloud-based, accountant-augmented model for small businesses, even though Bench historically operated primarily in the US market.
• Pilot: Tech-enabled accounting firm combining dedicated bookkeepers with proprietary software for startups and SMBs. Comparable in business model — a flat-fee, software-augmented accounting service — though Pilot focuses more on venture-backed startups than rural SMBs.

Broad incumbents

• MNP LLP: One of Canada's largest accounting and business advisory firms with deep SMB, agricultural, and rural Canada practices. Competes with Your Modern Accountant for the same incorporated small-business and rural entrepreneur segments but offers a much broader service portfolio and national footprint.
• BDO Canada: Major Canadian accounting firm with strong SMB and mid-market practices across the same provinces Your Modern Accountant serves. Overlaps in personal and small-business tax, bookkeeping, and advisory but operates at significantly larger scale and brand recognition.
• Grant Thornton Canada: Mid-tier Canadian accounting and advisory firm with strong private-company and SMB practices. Competes with Your Modern Accountant for incorporated SMB clients in BC, Ontario, and Alberta but at a larger-firm, broader-service scale.

Emerging players

• QuickBooks Live (Intuit): Intuit's human-assisted bookkeeping service pairing SMB clients with dedicated bookkeepers inside the QuickBooks ecosystem. Direct competitive overlap with Your Modern Accountant's bookkeeping and corporate accounting services for SMB clients using QuickBooks Online.

Market position

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/your-modern-accountant
• Facebookfacebook.com/khfinancial
• Xx.com/yma_canada

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Your Modern Accountant