Our Services
Specialized and Industry Services
Some industries have accounting rules that go well beyond the basics. We have experience with the specific requirements, tax rules, and reporting obligations that apply to these sectors.
Industries we serve
Each of these sectors has unique accounting requirements that a general bookkeeper or tax preparer may not be familiar with.
E-Commerce and Shopify
Selling online looks simple from the outside, but the accounting side is surprisingly complex. You may be collecting taxes in multiple provinces or states. Revenue comes in through several platforms — Shopify, Amazon, Etsy, Stripe — and each records it differently. Inventory needs to be tracked and valued correctly. We handle the reconciliation, sales tax mapping, and reporting so your books actually reflect what your store is doing.
What we handle
- Multi-channel sales reconciliation
- GST/HST and provincial sales tax mapping by transaction
- Platform fee and payment processor categorization
- Inventory tracking and cost of goods sold
- Amazon seller central and Shopify Payments reporting
Real Estate and Construction
Real estate and construction have some of the most specific and unforgiving accounting requirements in any industry. HST on new builds and assignments, holdback rules for contractors, job costing across multiple projects, and complex ownership structures all require someone who knows the rules. We work with investors, developers, builders, and landlords.
What we handle
- Rental property bookkeeping and annual T776 reporting
- HST on new construction, assignments, and substantial renovations
- Contractor holdback tracking
- Job costing for construction projects
- Multi-property and multi-entity financial reporting
Medical and Dental Professionals
Physicians, dentists, and other regulated health professionals in Canada have access to a specific type of corporation — a professional corporation — that comes with unique tax planning opportunities. Splitting income with family members, retaining earnings inside the corporation, and planning for retirement through a corporate investment portfolio are all strategies that apply to this group. We handle the accounting and tax planning tailored to health professionals.
What we handle
- Professional corporation setup and ongoing compliance
- Income splitting strategies within CRA rules
- Corporate investment and retirement planning considerations
- Shareholder loan and dividend planning
- Annual financial statements and T2 filing
Trades and Contractors
If you run a trades business — plumbing, electrical, HVAC, renovation, or general contracting — you deal with subcontractors, job-by-job billing, equipment and vehicle expenses, and HST on most of your services. You are also required to file T5018 slips for subcontractors you pay more than $500 in a calendar year. We know the specific reporting requirements for trades businesses and make sure you stay compliant.
What we handle
- Job costing and project profitability tracking
- HST on trades services and material purchases
- T5018 subcontractor slip preparation and filing
- Equipment and vehicle expense tracking and depreciation
- Monthly bookkeeping and year-end tax preparation
Non-Profits and Charities
Registered charities and non-profit organizations have their own set of financial reporting obligations. Charities must file a T3010 annual information return with the CRA each year. The bookkeeping needs to track restricted and unrestricted funds separately. If your organization has employees, payroll still applies. We provide bookkeeping and filing services specifically for the non-profit and charity sector.
What we handle
- Fund accounting and restricted versus unrestricted tracking
- T3010 annual charity information return
- Non-profit financial statements
- Board-ready reporting packages
- Payroll for charity employees and volunteer expense tracking
Crypto and Digital Assets
The CRA treats cryptocurrency as a commodity, not currency. That means every time you sell, trade, or use crypto — including swapping one coin for another — it is a taxable event. Mining income is taxable. Staking rewards may be taxable. DeFi transactions add further complexity. Many Canadians who hold crypto do not realize how much they owe until they try to file. We handle the transaction history, calculate your gains and losses, and prepare the proper reporting for the CRA.
What we handle
- Full transaction history review and reconciliation
- Capital gains and losses calculation for all dispositions
- Mining and staking income reporting
- DeFi and NFT transaction categorization
- Integration with Koinly, CoinTracking, and other tax tools
Common questions
My industry is not listed above. Can you still help?
Most likely yes. The industries listed above are the ones with the most common specialized requirements, but our team has experience across many other sectors including professional services, hospitality, retail, and manufacturing. Book a free consultation and tell us about your business — we will be honest with you about whether we are the right fit.
Do I pay a higher rate for industry-specific services?
Not automatically. Pricing depends on the complexity of your books and the scope of work involved, not simply the industry. Some specialized services — like crypto transaction reconciliation with thousands of trades — do take more time and are priced accordingly. We always provide a clear quote before any work begins.
I have been filing my own crypto taxes and I think I have made errors. What should I do?
Filing corrections for prior years is possible and in many cases advisable before the CRA catches the issue on their own. We can review your prior filings, calculate the correct amounts, and file adjustments. If the discrepancy is significant, we can also explore voluntary disclosure options that may reduce penalties.
Does my Shopify store need to charge HST to customers in other provinces?
It depends on your revenue and where your customers are located. Generally, if you are registered for GST/HST, you must collect it from customers in provinces where HST applies. If you are selling into Quebec, you may also need to register for QST. Cross-provincial tax obligations for online sellers can be complex, and getting it wrong means either over-collecting from customers or under-remitting to the government. We sort this out based on your specific platform setup and sales data.
Work with someone who knows your industry.
Book a free consultation and tell us about your business. We will let you know exactly how we can help and what it would cost.
Book a Free Consultation