Tax and Accounting Built Around Your Industry
Every industry has its own tax rules, audit risks and cash-flow rhythm. Trim Tax serves clients across Canada in the sectors below, and we speak your language from the first call.
Construction and trades
Contractors, electricians, plumbers, HVAC technicians and renovators face HST on progress billings and holdbacks, T5018 subcontractor reporting, WSIB compliance and heavy equipment purchases. We set up bookkeeping that tracks jobs and holdbacks, file HST and T5018s on time, plan capital cost allowance around equipment purchases, and advise on incorporation as your business grows.
Construction is a frequent CRA audit target, so we make sure your records are ready. Related: Bookkeeping · GST/HST · Corporate Tax
Trucking and logistics
Owner-operators and fleet companies deal with meal allowance claims for long-haul drivers, fuel and maintenance tracking, cross-provincial HST and, for many, incorporation decisions.
Trucking is one of the most frequently reviewed industries, so we prepare returns and records built to withstand an audit, and we represent drivers and carriers when the CRA comes calling. Related: Personal Tax · Corporate Tax · CRA Audit & Tax Resolution
Restaurants, food service and hospitality
Tips and gratuities, hourly payroll, HST on prepared food, inventory and cash handling make restaurants complex to account for. We run payroll, reconcile point-of-sale data to bank deposits, code HST correctly and build the cash-management records that satisfy a CRA review. Related: Payroll · Bookkeeping · GST/HST
Medical, dental and healthcare professionals
Physicians, dentists, pharmacists, physiotherapists and other practitioners benefit from professional corporations, but face rules on passive income, family income splitting and HST-exempt versus taxable services. We set up and maintain professional corporations, plan salary and dividends each year, and handle associate and clinic accounting. Related: Corporate Tax · Business Advisory
Real estate agents, brokerages and investors
Realtors need Personal Real Estate Corporations set up and maintained correctly, commission and marketing expenses reported properly and HST on commissions reconciled. Investors need rental statements, capital gains planning, the 365-day flipping rule and HST rebates handled correctly. We serve both. Related: Real Estate & Rental Property Tax · Corporate Tax
eCommerce, Amazon and marketplace sellers
Online sellers face multi-province HST, marketplace facilitator rules, platform fee reconciliation, inventory accounting and foreign-currency payouts. We reconcile platform reports to bank deposits, determine where you must collect tax, and keep inventory and cost of goods sold accurate. Related: Bookkeeping · GST/HST · Corporate Tax
Technology, software and startups
Tech companies can recover significant cash through SR&ED credits, and need investor-ready financial statements, stock-option planning and clean cap-table records. We identify eligible R&D, prepare T661 claims, and provide the reporting founders and investors expect. Related: SR&ED · Business Advisory · Bookkeeping
IT contractors and consultants
Incorporated consultants face personal services business risk when working mainly for one client, multi-client HST compliance, and salary-versus-dividend decisions. We review your contract structure, keep your corporation compliant and plan compensation each year. Related: Corporate Tax · Business Advisory
Retail and local services
Shops, salons, cleaning companies, repair businesses and studios need point-of-sale reconciliation, inventory tracking, payroll and HST handled reliably so owners can focus on customers. We provide monthly bookkeeping and year-end packages built for small operators. Related: Bookkeeping · Payroll · GST/HST
Gig workers, freelancers and creatives
Rideshare and delivery drivers, photographers, designers, writers and tutors need a proper T2125, vehicle and home-office claims, HST registration at the right time (from the first dollar for rideshare drivers) and quarterly instalment planning. Related: Personal Tax & Self-Employed · GST/HST
Non-profits, charities and religious organizations
Churches, mosques, temples, gurdwaras, community associations and foundations need fund accounting, T3010 or T1044 filings, donation-receipting compliance and board-ready statements. Related: Non-Profit & Charity Accounting
Newcomers, emigrants and non-residents
People moving to or leaving Canada, and non-residents earning Canadian income, need residency determinations, first-year and departure returns, T1135 reporting and non-resident withholding managed correctly. Related: Cross-Border & Non-Resident Tax
Don't see your industry? We likely serve it.
Book a free consultation — call 647 243-5076 or email info@trimtax.ca.
