Trucking & Transportation — CPA Services

Accounting & tax planning built for trucking companies and owner-operators.

Incorporated trucking companies and owner-operators have some of the most complex tax and compliance requirements in any industry — IFTA returns, fuel tax credits, fleet CCA, and driver payroll rules. We handle all of it.

The Challenges

What makes Trucking & Transportation accounting different.

Your industry has specific CRA rules, deduction strategies, and compliance obligations that general accountants often miss. Here is where we focus.

IFTA Compliance

IFTA returns must be filed quarterly for carriers operating across provincial and US borders. Non-compliance results in significant penalties.

Fuel Tax Credits

Owner-operators and fleet companies are entitled to fuel tax credits that require careful tracking and documentation to claim correctly.

Vehicle & Fleet CCA

Trucks, trailers, and equipment fall into specific CCA classes. Proper classification and timing significantly impacts annual taxable income.

Driver Payroll & Per Diem

Driver compensation including per diem allowances has specific CRA rules. Errors create significant audit exposure.

Multi-Province Operations

Operating across provinces creates complex income allocation and GST/HST issues requiring expertise in interprovincial tax rules.

Installment Planning

Trucking cash flow is cyclical. Poorly timed tax installments create cash crunches. We plan around your actual cash flow patterns.

How We Help

A CPA who speaks your language.

We bring industry-specific knowledge to every engagement — no learning curve, no missed deductions.

1

IFTA Return Filing

We prepare and file your quarterly IFTA returns accurately, ensuring fuel consumption by jurisdiction is calculated correctly.

2

Fleet CCA Optimization

We track each vehicle on your CCA schedule, advising on the optimal timing of purchases and disposals to maximize deductions and minimize recapture.

3

Driver Payroll Management

We process payroll, calculate source deductions, file T4s on time, and handle the per diem rules specific to the trucking industry.

4

Corporate Tax Planning

We structure your compensation, retained earnings, and capital expenditures to minimize your overall tax burden across the business cycle.

What Is Included

Your annual corporate package.

Fixed fee, agreed upfront. No billable hours, no surprises.

Annual Package — Trucking & Transportation

Corporate Tax, Compliance & Tax Planning

T2 Corporate Tax ReturnFederal & provincial
IFTA Return FilingQuarterly, all jurisdictions
Fuel Tax Credit ClaimsFederal & provincial
Vehicle & Fleet CCAAll CCA classes
GST / HST FilingMulti-province allocation
Driver PayrollIncluding per diem rules
T4 & T5 SlipsAll employees & owner
Tax PlanningCash flow & installments
FAQs

Questions from trucking & transportation clients.

Get accounting built around your industry.

Book a free 15-minute call. No obligations, no jargon.