Accounting for towing companies in Ontario
Towing runs around the clock: motor-club calls, cash jobs, impound storage, and trucks that cost as much as houses, all hitting the books at odd hours.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
taxifi · Towing Companies
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Motor-club settlements that never match
Club payments are reconciled to your calls so fees and adjustments are all accounted for.
Trucks that cost like houses
Your fleet is tracked and claimed over time through capital cost allowance.
Around-the-clock cash and card revenue
Every channel is reconciled so late-night calls do not become bookkeeping mysteries.
What’s included
One flat monthly price for incorporated Ontario towing companies. Everything below is in it.
- Call revenue reconciled across motor clubs, card, and cash
- Impound and storage income tracked
- Trucks tracked for capital cost allowance
- Driver payroll or contractor reporting
- 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
Motor-club payments never match the calls. Can you fix that?
Yes. Club settlements are reconciled to your calls so nothing is missed or double-counted.
Are my drivers employees or contractors on the books?
Either is handled correctly, with payroll or contractor reporting as applies.
Books and taxes for your towing company, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call