The work that comes with your industry.
Owner-operator incorporation
When incorporating actually saves you tax, and how to pay yourself once you do.
Truck and trailer CCA
Trucks, trailers and equipment claimed in the right class and the right year, including buy-vs-lease decisions.
Long-haul meal claims
Trip logs set up so the 80% meal deduction holds up if the CRA asks to see it.
IFTA fuel tax reporting
Quarterly IFTA returns built from your fuel receipts and distance records, filed on time.
Driver payroll
Pay runs, source deductions, T4s and ROEs for company drivers, and clean records for contract drivers.
GST/HST and bookkeeping
Input tax credits on fuel, repairs and equipment, with books reconciled every month.
What trucking clients ask us
Should I incorporate my trucking business?
It depends on your profit and how much you take out. A corporation can defer tax on money you leave in the business, but it adds a T2 return and more bookkeeping. We run the numbers for your situation before you decide.
Who counts as a long-haul truck driver for the 80% meal rule?
Generally, someone whose main job is driving a freight truck over 11,788 kg, on trips that keep them away from home for at least 24 hours and take goods at least 160 km away. Meals outside those trips stay at 50%.
Are my drivers employees or contractors?
It depends on who controls the work, who owns the truck and who carries the risk, not on what the contract calls them. Getting it wrong can mean back payroll and penalties, so we review the setup with you.
I'm behind on my filings. Can you help?
Yes. We catch up overdue returns, deal with the CRA for you, and set up bookkeeping so it doesn't happen again.