Accounting for concrete contractors in Ontario
Concrete work carries heavy equipment, big material orders, and progress billing on larger pours, with T5018s and WSIB in the background.
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taxifi · Concrete Contractors
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Progress billing and holdbacks
Draws and holdbacks are tracked so your revenue and receivables reflect what you are actually owed and when.
Heavy equipment at year-end
Financed machines are claimed over time through capital cost allowance, tracked correctly by your accountant.
T5018 and WSIB obligations
Sub payments reported, payroll records WSIB-ready, nothing waiting to surprise you.
What’s included
One flat monthly price for incorporated Ontario concrete contractors. Everything below is in it.
- Project bookkeeping and progress billing
- Equipment tracked for capital cost allowance
- T5018 subcontractor slips prepared and filed
- Crew payroll and WSIB-ready records
- Year-end corporate tax (T2), included
| Area | A typical setup | With taxifi |
|---|---|---|
| Your books | Weeks or months behind | Current every day |
| Year-end (T2) | A spring scramble, billed extra | Included, no surprise invoice |
| Your accountant | Metered by the hour | Unlimited questions, flat monthly |
Common questions
Can you handle equipment financing on the books?
Yes. Financed equipment is tracked and claimed over time through capital cost allowance.
Do you understand progress billing?
Yes. Draws and holdbacks are tracked so your revenue reflects what you are actually owed.
Books and taxes for your concrete contractor, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call