What does an accountant for contractors actually do?

At Pro Business Tax and Accounting we handle your business bookkeeping, bank reconciliations, payroll, payroll taxes, WSIB, HST, and tax planning — all customized for how trades and construction businesses operate. You get clear reporting and stress-free compliance.

Why hire a CPA who understands construction & trades?

Because construction and service trades have unique rules for materials, labour, and HST. We know how to record and structure these correctly so you stay audit-proof and profitable.

Do contractors need to charge/remit HST?

Yes, once you exceed $30,000 in annual revenue. We manage registration, filings, and reconciliations so nothing falls through the cracks.

What's included in a monthly accounting package?

At a high level, it includes bookkeeping, payroll, tax compliance, HST, T2. However, we can custom-fit a package to suit your business's needs to ensure a perfect fit.

Can you help with payroll for subcontractors/employees?

Yes, we certainly can help with payroll, payroll taxes, T4, ROE, T5018, T4A - our model and services are scalable and grow with your business needs.

I'm behind on bookkeeping—can you catch me up?

Totally! We know how stressful it can be to catch up on months and years of bookkeeping. We have a proven system in place that can take the stress out of it. We'll clean up prior years, file outstanding returns, and get you back on track fast.

Do you work with QuickBooks or Xero?

Both! Our team has QuickBooks ProAdvisors and Xero certified bookkeepers to get you setup efficiently.

Do you only work with Ontario-based contractors?

Pro Business Tax and Accounting is based in Vaughan, Ontario - but being a tech-forward firm with cloud based systems we are setup to effectively service clients throughout Canada, except Quebec.

What's the first step?

If you're ready to get started, we can setup a discovery call with one of our team members to understand your business, goals, and pain-points. From there we will customize your accounting package, and get you onboarded. To get started, book a time on our calendar.

Should I incorporate as a physician?

Often, once your income exceeds what you draw personally — incorporation enables tax deferral and income smoothing. We run your actual numbers before you commit.

Usually a mix. The right blend depends on RRSP room, CPP, and your cash needs — we review it every year.

Can my MPC have employees or subcontractors?

Yes – both are allowed. However, to determine if your new admin is an employee or a subcontractor is a more nuanced discussion.

Do you work with residents and new-to-practice physicians?

Yes — from residency into incorporation and beyond.

Pro Business Tax

Accounting for Dentists & Dental Practices

Buying, building, or running a practice — we handle the numbers behind the chair, from your dental professional corporation to payroll and year-round tax planning.

Running a dental practice means managing more than patient care — associate buy-ins, equipment financing, staff payroll, HST on select services, and the tax rules specific to your Professional Corporation all add up. Whether you’re a dentist, physician, or other health practitioner weighing ownership, buying an existing practice, or already running one, we handle the bookkeeping, corporate and personal tax, and planning that keeps more of what you earn — so you can focus on patient care, not the books.

What We Handle

Dental Professional Corporation setup & compliance
Practice purchase/sale & financing support
Associate vs. owner tax planning
Payroll for hygienists & staff
Corporate (T2) and personal (T1) tax
HST filing on applicable dental services

Get a Free Consult

If you're a dentist running — or considering — a Dentistry Professional Corporation, and want to keep more of what you earn while staying CRA-compliant

Frequently Asked Questions

Should I set up a dental professional corporation?

Usually, once practice income is steady — it enables tax deferral and planning. Generally a good idea, but worth looking at your overall situation before jumping into it.

I'm buying a practice — can you help?

Yes — structuring the purchase, financing support, and the transition.

Do you handle payroll for my staff?

Yes — pay runs, source deductions, and T4s and all CRA Compliance (PD7A, T4, Holiday pay, vacation pay etc)

Associate or owner — does the tax differ?

The tax is marginal based on income. However, how it is structured, makes a difference. We plan and support each scenario.

Do you serve all of Ontario?

Yes — virtual.