Our Range of Services

 

 

  Tax Reporting

  Start-up forms

  Reports

 

 

 

 

 

Bookkeeping and Tax Service

We provide independent truckers with an easy to use bookkeeping service which includes providing a set of quarterly financial reports designed to help bring more meaning to the business information and the bottom-line.

In addition, we handle the required preparation and filing of GST/HST and WSIB to meet the required filing frequency. 

Using the service is easy: 

Click here to visit the How to Use the service page

bookkeeping

Tax Preparation

At the year-end for both corporation and individual, prepare income tax returns for the individual and spouse as well as the corporation tax return to meet the corporation tax return due date.

tax reporting

 Tax Planning                 

Tax planning is a service provided to our clients at the business 3rd quarter or at anytime throughout the year to determine the potential tax liability for the individual and/or the corporation to enable our clients to keep more of the profits from their business.

  On-Line Bookkeeping  Service

We offer a unique On-Line bookkeeping info-submit service system for independent truckers who prefer to do their own bookkeeping data entry from the comfort of their home or office, without having to invest in a bookkeeping software or system and having to learn and work with off the shelf bookkeeping software.

Under this service system, clients simply log on to the Trucktax web and go to the On-Line Bookkeeping page and enter the business information of income and expenses and hit the submit button. 

This information is received at Trucktax and is used to provide all of the similar service provided to the clients who send us source document business information using our monthly envelopes system or other business papers delivery source.

On-Line Bookkeeping

 Accounts Receivable Management and Collections

We offer Motor Carriers and Independent Truckers a monthly invoicing and billing service that includes invoice mailing to their clients, monthly accounts receivable report and aging analysis, and if required, handle the management of the receivable aging with proactive follow-ups to ensure that invoices are paid within terms.

AR Management

    Business Registration and Incorporation

Trucktax will provide the necessary guidance and support regarding costs/benefits of choice business entity and timing, including the tax implication and options that will maximize profits and minimize tax costs from the beginning. 

This includes:

  • Registering your business

  • Incorporating the business and required

CRA Support and Representation

As part of the service, if required, we will register you with CRA for GST/HST.

In addition, in the event of a tax audit, we provide the necessary support and representation needed to resolve audit.    

   The Bottom-Line

Getting started in the Trucking business and getting through the setup of the business-side of trucking can be a challenging experience. Having to make decisions such as; Should you be a corporation; Should you lease or buy your truck; Figuring out what government registrations are needed for your operation and how to get it done..

We can help you get started hassle-free. We can help you through the business start-up stages.   We will register your sole proprietorship, partnership, or incorporate your company and if applicable, get you setup with WSIB. A one-stop, hassle-free service system to allow you to focus on trucking for profit. 

Give us a call.  Let us help you do it right from the start.

We will help you get started in a professional manner that will take advantage of all the tax and business structure benefits so as to create long-term tax and profit advantages that will help you keep more of the profits.

Phone: 905-477-7773

 

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