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.

FOR REALTORS & REAL ESTATE INVESTORS

Keep More of Every Commission — and Every Property

Real estate income isn't a paycheque. We claim every deduction, handle your HST and commissions, set up your PREC, and keep you ahead of the CRA — so more of what you earn stays yours.

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Real estate income doesn't work like a paycheque

Whether you live on commissions or hold rental property, the deductions, HST rules and planning are specific — and easy to miss if your accountant doesn’t know the industry. We work with realtors and investors across the GTA every day.

What we handle

Every deduction

Vehicle, marketing, home office, dues, referral fees and more — captured and documented.

HST & commissions

HST on commission income, input tax credits, and client rebates handled correctly.

PREC set-up

Incorporate the right way and pay yourself efficiently once it makes sense.

Investor accounting

Rental income, mortgage interest, property tax, repairs — and planning for a sale.

Corporate + personal tax

T2, your T1, and HST together — nothing falls between two people.

One CPA firm

Books, tax and planning under one roof, on flat monthly pricing.

Deductions realtors routinely miss

Thinking about a PREC?

If you’re consistently earning strong commissions, a Personal Real Estate Corporation can offer real tax advantages. We’ll run your numbers and tell you honestly whether it’s worth it.

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FAQ

What can realtors deduct?

Advertising, vehicle (with a log), home office, brokerage & desk fees, professional dues, referral fees, client gifts, conferences and courses, and assistants/subcontractors — when properly tracked.

Do realtors have to charge HST?

Generally yes on commission income once you're registered (required once you pass $30,000 in revenue over four quarters). We handle registration and filing.

Can I claim my vehicle?

Yes — the business-use portion, backed by a mileage log. We'll set you up to track it correctly.

Should I set up a PREC?

Often, once your income is consistent and exceeds what you draw personally. We model it for your situation before you commit.

Do you work with real estate investors too?

Yes — rental and investment property accounting, the deductions that come with it, and planning around sales and transfers.