Tax Reporting

Taxes are an on-going challenge for all business and in the business of Trucking, it can be even more challenging.

Pay too much, and you waste money.  Pay too little or too late, and you lose money paying penalties and interest and become a target for an audit. 

Whether you are an Owner-Operator or company driver, we can provide the required tax reporting and compliance solutions to make your Trucking for Profit life hassle-free.

Owner Operators - Proprietorship:

If you are an Owner-Operator operating your business as a Proprietorship, (not a corporation), we will process your business information and provide you by E-mail, with a set of meaningful financial reports, designed to help bring more meaning to the business-side of trucking and the profits at the bottom-line.

In addition we will: 

  • Prepare and file your GST/HST returns and send you a copy by email as filing confirmation with the CRA, return received, GST/HST filed confirmation number.

  • Prepare the personal tax for you and your spouse and provide these for your signature.  In addition, we will provide you with a file copy by email.

Owner Operators - Corporation:

Similarly, if your business is a Corporation, we will process your business information and provide you by E-mail, with a set of meaningful financial reports, designed to help bring more meaning to the business-side of trucking and the profits at the bottom-line.

In addition we will: 

  • Prepare the corporation tax return and provide these for review and signing, as well as send you a file copy by email.

  • Prepare and file your GST/HST returns and send you a copy by email as filing confirmation with the CRA, return received, GST/HST filed confirmation number.

  • Prepare the personal tax for you and your spouse and provide these for your signature.  In addition, we will provide you with a file copy by email.

Company Drivers

For company drivers, we will prepare the personal tax return for you and your spouse, making sure that all applicable deductions (meals and lodging) and all other. that apply are addressed and deducted.

The bottom-line

Whether you are an Owner-Operator or a Company Driver,  we can bring you into tax compliance while making sure you are not overpaying taxes by missing or overlooking any available and/or applicable deductions and/or credits/refunds entitlements.  

In addition, if you are currently being audited, call us, let us represent you and help make this process hassle-free. 

Already made a few mistakes?  

Trucktax can help.   We will review, audit and /or clean-up unresolved or outstanding tax liability issues, and if applicable, we will represent you with the tax authority to get you back on track in compliance and leave you free to focus your time and resources, Trucking for Profit.

For more information click one of the applicable links below.

                    To request a quote for service cost information

 

                    To get started now, click the sign-up now link

                         To get a copy of the tax organizer click the link

                    Alternatively, call us at: Phone: (888) 456-6504

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