Accounting for trucking companies in Ontario
Trucking and owner-operators track fuel, maintenance, per-diems, and financed rigs, often with drivers as employees or contractors.
CRA EFILE authorized · Every filing signed by an accountant · Switching is free — about an hour of your time
taxifi · Trucking Companies
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Cost per mile you can actually see
Fuel, maintenance, and financing are tracked so your true cost per mile is clear, not buried in a bank balance.
Driver pay, employee or contractor
Whether your drivers are employees or contractors, pay is handled correctly with the right reporting to CRA.
Rigs and trailers at year-end
Financed trucks and trailers are claimed over time through capital cost allowance, tracked correctly by your accountant.
HST and fuel
Returns are prepared and filed on schedule, with input tax credits captured on fuel and maintenance.
What’s included
Published prices for incorporated Ontario trucking companies. Everything below is handled.
- Bookkeeping for fuel, maintenance, and per-diems
- Driver payroll or contractor reporting
- Trucks and trailers tracked for capital cost allowance
- HST returns prepared and filed
- Year-end corporate tax (T2), from $1,000 a year
| 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 owner-operator books?
Yes. Fuel, maintenance, and financing are tracked so your real cost-per-mile is clear.
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 trucking company, done
Bookkeeping from $99 a month, accountant-reviewed from $299, corporate T2 from $1,000 a year. Prices are published; a call confirms the fit.
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