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Our firm · North York, Toronto

Accounting advice.
Built around your goals.

We help business owners, professionals and individuals make informed financial and tax decisions, with service shaped around their goals, circumstances and budget.

Meet Thomas Xu
Managing Principal portrait
Thomas Xu

CPA, MMPA, TEP

Managing Principal

Since

1978

A firm rooted in North York.

Sheldon & Xu CPA Professional Corporation has served the North York community since 1978. Founded by Howard Sheldon, CPA, the firm is now led by Thomas Xu, CPA, MMPA, TEP, Managing Principal.

Your adviser

Meet Thomas Xu.

CPA, MMPA, TEP
Managing Principal

Thomas brings together accounting, tax and business advice, with a particular interest in owner-managed businesses and their shareholders.

His experience spans accounting, tax compliance, tax planning and business advisory services, with particular interests in corporate reorganizations, succession and estate planning, remuneration strategies, and the needs of owner-managed businesses and their shareholders.

CPA
Chartered Professional Accountant
MMPA
Master of Management and Professional AccountingUniversity of Toronto
TEP
Trust and Estate PractitionerDiploma in Trusts and Estates, STEP Canada · 2025
Advanced tax training
CPA In-Depth Tax ProgramCompleted in 2020

Continuing professional developmentThomas is also completing the Chartered Life Underwriter program, with the final module remaining. He anticipates obtaining the CLU designation in January 2027.

How we work

Your priorities guide our work.

We start by listening.

Many clients first contact us because they are uncertain whether their existing accounting service is meeting their needs. They may want more explanation, more accessible advice, or confidence that someone is looking beyond the information they submit.

We begin by understanding what matters to you. That might mean freeing up your time, building financial security, improving your business, or feeling less worried about your financial affairs. Your objectives guide the work we recommend.

Thoughtful service within your budget.

Our aim is to provide the strongest practical value within an agreed scope and budget. We explain the available options and focus your spending on the services you need.

For some clients, that means ongoing accounting, tax and management support. Others need help with a specific part of their affairs, such as year-end adjustments, corporate tax filings or a business decision.

Careful review is central to our approach. We ask questions about your business, discuss expenses and records that may have been overlooked, and help you understand what needs attention. Our clients’ experiences help us continually improve how we work.

Support as your needs change.

Accessibility and ongoing advice are important parts of our full-service relationships. We help clients set realistic goals, assess alternatives and review progress. As your circumstances change, we revisit the support you need and the priorities that matter most.

Whether you are choosing an accountant for the first time or reconsidering an existing relationship, we welcome a conversation.

Explore our services

Let’s talk

Tell us what feels missing.

Tell us what you need help with—or what feels missing from your current service. We’ll listen and discuss how we can help.