Business Details
24 Years
experience
Trusted Accounting & Tax Services in Newmarket
Koroll & Company & Company is a public accounting firm based in Newmarket, Ontario, offering comprehensive services including accounting, auditing, taxation, and business advisory solutions. Our client-centric approach emphasizes education, personalized attention, and long-term partnerships to drive business success. With over two decades of experience, we combine technical expertise with advanced training to deliver cost-effective, practical solutions tailored to individual and corporate needs.Our commitment to excellence is reflected in our investment in continuing education, cutting-edge technology, and a team of qualified CPAs dedicated to maximizing client value. We prioritize understanding each client's unique goals, ensuring our advice aligns with their financial objectives while maintaining the highest standards of professionalism and integrity.
Services
Tax Services
Business Advisory
Bookkeeping
Audits & Reviews
Estate Planning
CRA Dispute Resolution
Financial Forecasting
Business Succession Planning
Corporate Tax Returns
Trust Tax Preparation
Details
- Year established: 2002
Highlights and features
- We offer 20+ years of accounting expertise in Newmarket and York Region.
- Our team includes fully qualified CPAs with industry-specific knowledge.
- We provide personalized service tailored to individual and business needs.
- We assist with CRA audits, disputes, and tax minimization strategies.
- We combine technical proficiency with practical, actionable business advice.
Associations and certifications
- CPA Ontario
What people say
20+ years of expertise
Personalized service
CPA qualified staff
Effective tax strategies
Business growth support
Services
Tax Services
Our tax services focus on minimizing liabilities for individuals and businesses through strategic planning and precise return preparation. We specialize in corporate tax, personal returns, trust filings, and cross-border compliance. With deep expertise in evolving tax legislation, we optimize after-tax positions while ensuring adherence to CRA requirements, helping clients retain more of their hard-earned income.
Business Advisory
We provide tailored business advisory services covering succession planning, cash flow management, and operational improvements. Our CPAs analyze financial health, recommend growth strategies, and assist with mergers or acquisitions. By understanding each client's lifecycle stage, we deliver actionable insights to enhance profitability and long-term sustainability for businesses of all sizes.
CRA Dispute Resolution
Our team specializes in resolving Canada Revenue Agency audits, objections, and litigation. We represent clients during assessments, negotiate settlements, and file appeals when necessary. With expertise in tax law and CRA processes, we protect client interests while pursuing favorable outcomes for disputed assessments, unfiled returns, or undeclared income situations.
Estate Planning
We design comprehensive estate plans to facilitate smooth asset transfers while minimizing tax burdens. Services include will preparation, trust establishment, and succession strategies for business owners. Our approach ensures financial security for beneficiaries and addresses complex issues like probate avoidance and intergenerational wealth preservation for families and enterprises.
Bookkeeping
We maintain accurate, organized financial records that support efficient business operations. Our bookkeeping services include daily transaction tracking, payroll processing, and accounting software implementation. By ensuring clean financial data, we help businesses make informed decisions while preparing them for audits, tax filings, and growth opportunities.
People
Michael Falcone
President
Michael Falcone, CPA, CGA, LPA, leads Koroll & Company & Company with over 20 years of accounting experience. He specializes in strategic financial planning and client relationship management, focusing on delivering personalized solutions for business growth and tax optimization.
Allen H. Koroll
Vice-President
Allen H. Koroll & Company & Company, CPA, CA, brings decades of expertise in corporate taxation and business succession planning. As a trusted advisor, he helps clients navigate complex financial transitions while maintaining compliance with evolving regulatory requirements.
Elitza Karadjov
Vice-President
Elitza Karadjov, CPA, CGA, specializes in audit assurance and financial reporting. With extensive experience in public accounting, she provides clients with accurate financial statements and strategic guidance to support informed business decision-making.
Questions
What accounting services do you provide for businesses?
We offer audits, reviews, compilations, bookkeeping, cash flow analysis, financial forecasting, and business advisory services tailored to small and medium enterprises.
Do you handle personal tax returns?
Yes, we prepare personal tax returns for employees, seniors, self-employed individuals, and estates, with a focus on tax minimization strategies and CRA compliance.
Can you assist with CRA audits?
Our team represents clients during CRA audits, handles disputes, and provides objection support to achieve favorable tax assessment outcomes.
Are you accepting new clients?
Yes, we welcome new clients in York Region and surrounding areas for accounting, tax, and business advisory services.
What estate planning services do you offer?
We provide will preparation, trust establishment, probate planning, and business succession strategies to ensure smooth asset transfers with minimal tax impact.
Reviews (5)
Carline Brown
Jan 29, 2022
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My experience was unpleasant the front desk was very rude and unprofessional. she told me that no one there would see me or talk to me and was told to go to h&r block. I am sure H&R Block would do a better job than this company.
Kenneth R. Bandeira
Jul 23, 2021
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I recently attended at Mr. Allen Korolls office for a complimentary initial consultation. Notwithstanding that the initial consultation was entirely complimentary Mr. Koroll provided me with logical and sound accounting/tax advice regarding my areas of inquiry. He also provided me informative written material regarding my areas of inquiry for me to take home with me, again entirely complimentary. The staff at the office were both professional and polite. I would not hesitate to contact Mr. Koroll again for my future accounting/tax needs.
Mike Garnett
Dec 14, 2019
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The staff is great to deal with, Allan has always seemed to have made time to answer questions and provide strategic advice for my businesses. A great accountant is hard to find and they are the best I have ever worked with.
Jerry Papa
Aug 23, 2017
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I spoke with Alan on the phone he answered all my questions professionally, and gave me some additional advice. I have not met him but spoke with him he sounds very kind and considerate by this short conversation with him I would have no problem hiring him on for any work that I would need I would also recommend him
Alistair Terry
Jan 30, 2017
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Amazing accounting firm, would recommend to everyone who requires an accountant. Very friendly, supportive & helpful!
