Industries We Serve

Specialized Canadian accounting, tax, and bookkeeping expertise across more than twenty industries.

Every Canadian industry has its own tax, payroll, and compliance quirks. A truck driver thinks about TL2 meal claims and IFTA fuel tax. A real estate investor thinks about T776 rental income, the Underused Housing Tax, and capital gains on flips. A medical clinic thinks about professional corporation rules, TOSI on family dividends, and CCA on equipment. A restaurant thinks about tip reporting, ROEs for seasonal workers, and GST/HST on prepared food.

BOMCAS Canada has dedicated experience across the industries below. Click any industry to see how Canadian tax and accounting rules apply specifically to that field.

Small Business

Bookkeeping, GST/HST, payroll, and T2 corporate tax for Canadian small businesses.

Read the full Small Business Canadian tax and accounting guide

Self-Employed Individuals

T1 returns with Form T2125 business income, GST/HST, and quarterly instalments.

Read the full Self-Employed Individuals Canadian tax and accounting guide

Contractors & Trades

Accounting and tax for general contractors, subtrades, and owner-operated trade businesses.

Read the full Contractors & Trades Canadian tax and accounting guide

Truck Drivers & Owner-Operators

TL2 meal and lodging deductions, owner-operator corporate structures, GST/HST, and IFTA.

Read the full Truck Drivers & Owner-Operators Canadian tax and accounting guide

Real Estate Investors

T776 rental income, capital gains, principal residence exemption, and Underused Housing Tax compliance.

Read the full Real Estate Investors Canadian tax and accounting guide

Medical Clinics & Doctors

Professional corporations, medical clinic bookkeeping, income splitting (TOSI-aware), and CCA on equipment.

Read the full Medical Clinics & Doctors Canadian tax and accounting guide

Consultants & Professionals

Accounting and tax for IT consultants, management consultants, and independent professional services.

Read the full Consultants & Professionals Canadian tax and accounting guide

Restaurants & Hospitality

Tip reporting, restaurant payroll, GST/HST on prepared foods, and inventory accounting.

Read the full Restaurants & Hospitality Canadian tax and accounting guide

Construction & Subtrades

T5018 contract payment reporting, progress billings, holdbacks, and PST on materials.

Read the full Construction & Subtrades Canadian tax and accounting guide

Farms & Agriculture

Cash-basis farm reporting, AgriStability/AgriInvest, capital gains exemption on QFP, and farm succession.

Read the full Farms & Agriculture Canadian tax and accounting guide

Law Firms

Trust accounting (LSUC/LSBC/LSA), PCLaw integration, partner remuneration, and partnership returns.

Read the full Law Firms Canadian tax and accounting guide

Startups & Tech

SR&ED tax credits, stock options, founder share structures, and early-stage financial reporting.

Read the full Startups & Tech Canadian tax and accounting guide

E-commerce

Multi-province sales tax, Shopify and Amazon accounting, and cross-border tax compliance.

Read the full E-commerce Canadian tax and accounting guide

Nonprofits & Charities

T3010 registered charity returns, T1044 NPO returns, donation receipts, and charity governance.

Read the full Nonprofits & Charities Canadian tax and accounting guide

Rental Property Owners

T776 rental statements, deductible expenses, CCA, and provincial rental rules.

Read the full Rental Property Owners Canadian tax and accounting guide

Mortgage Brokers

Commission income, GST/HST registration, broker-of-record arrangements, and corporate structures.

Read the full Mortgage Brokers Canadian tax and accounting guide

Realtors

Personal Real Estate Corporations (PRECs), commission income, and real estate professional taxation.

Read the full Realtors Canadian tax and accounting guide

Manufacturing

M&P (manufacturing and processing) deduction, CCA on equipment, SR&ED, and inventory accounting.

Read the full Manufacturing Canadian tax and accounting guide

Professional Corporations

Medical, dental, legal, and engineering professional corporations with TOSI-aware compensation.

Read the full Professional Corporations Canadian tax and accounting guide

Dentists & Dental Clinics

Dental Professional Corporations, equipment financing, multi-associate compensation, and dental clinic accounting.

Read the full Dentists & Dental Clinics Canadian tax and accounting guide

Chiropractors & Health Practitioners

Health professional corporations, GST/HST exempt vs taxable supplies, and multi-disciplinary clinic accounting.

Read the full Chiropractors & Health Practitioners Canadian tax and accounting guide

Veterinarians & Veterinary Clinics

Veterinary Professional Corporations, drug inventory, equipment CCA, and multi-doctor clinic compensation.

Read the full Veterinarians & Veterinary Clinics Canadian tax and accounting guide

Engineering Firms

Engineering professional corporations, SR&ED claims, project accounting, and stamp/seal liability planning.

Read the full Engineering Firms Canadian tax and accounting guide

Architects & Design Firms

Architecture professional corporations, project billing, retainers, and partnership taxation.

Read the full Architects & Design Firms Canadian tax and accounting guide

Tech Startups & SaaS

Founder share planning, SR&ED, SAFE/convertible notes, stock options, and high-growth tech startup accounting.

Read the full Tech Startups & SaaS Canadian tax and accounting guide

Crypto & Digital Asset Investors

Cryptocurrency tax reporting, capital vs business income, NFT taxation, and CRA crypto disclosure.

Read the full Crypto & Digital Asset Investors Canadian tax and accounting guide

Gig Workers & Rideshare Drivers

Uber, Lyft, DoorDash, SkipTheDishes, Instacart and other gig-economy income, GST/HST and TL2 claims.

Read the full Gig Workers & Rideshare Drivers Canadian tax and accounting guide

Photographers & Videographers

Wedding/event photography, commercial videography, equipment CCA, and creative-services GST/HST.

Read the full Photographers & Videographers Canadian tax and accounting guide

Fitness Studios & Personal Trainers

Personal trainers, yoga studios, gym owners, and fitness instructor tax and GST/HST compliance.

Read the full Fitness Studios & Personal Trainers Canadian tax and accounting guide

Beauty Salons & Spas

Hair salons, nail salons, spas, and beauty professional accounting with tip and product-sales tracking.

Read the full Beauty Salons & Spas Canadian tax and accounting guide

Auto Mechanics & Repair Shops

Independent garages, auto body shops, mobile mechanics, and automotive parts inventory accounting.

Read the full Auto Mechanics & Repair Shops Canadian tax and accounting guide

Cleaning & Janitorial Services

Residential cleaning, commercial janitorial, contractor vs employee classification, and supplies inventory.

Read the full Cleaning & Janitorial Services Canadian tax and accounting guide

Landscapers & Lawn Care

Seasonal landscaping, snow removal, equipment CCA, and seasonal payroll management.

Read the full Landscapers & Lawn Care Canadian tax and accounting guide

Daycares & Childcare Providers

Licensed daycares, home-based childcare, $10-a-day program accounting, and GST/HST exempt status.

Read the full Daycares & Childcare Providers Canadian tax and accounting guide

Private Schools & Tutoring

Private K-12 schools, tutoring businesses, T2202 issuance, and educational charity status.

Read the full Private Schools & Tutoring Canadian tax and accounting guide

Fishing & Aquaculture

Commercial fishing, aquaculture, Qualified Fishing Property (QFishP) capital gains exemption, and fisheries-specific tax.

Read the full Fishing & Aquaculture Canadian tax and accounting guide

Forestry & Logging Operations

Logging contractors, timber rights, woodlot operations, and Quebec-specific forestry tax credits.

Read the full Forestry & Logging Operations Canadian tax and accounting guide

Oil, Gas & Energy Services

Oil and gas service companies, drilling contractors, energy resource taxation, and Alberta-specific tax planning.

Read the full Oil, Gas & Energy Services Canadian tax and accounting guide

Mining Companies

Mining exploration and production, CDE/CEE/COGPE pools, flow-through shares, and Mineral Exploration Tax Credit.

Read the full Mining Companies Canadian tax and accounting guide

Transportation & Logistics

Freight brokers, logistics companies, courier services, and multi-modal transportation accounting.

Read the full Transportation & Logistics Canadian tax and accounting guide

Event Planners & Wedding Services

Wedding planners, corporate event producers, deposit accounting, and seasonal cash-flow management.

Read the full Event Planners & Wedding Services Canadian tax and accounting guide

Home Builders & Developers

Custom home builders, residential developers, GST/HST New Housing Rebate, and condominium project accounting.

Read the full Home Builders & Developers Canadian tax and accounting guide

Property Managers

Residential and commercial property management companies, trust accounting, and management fee GST/HST.

Read the full Property Managers Canadian tax and accounting guide

Insurance Brokers & Agents

Insurance brokerage commission accounting, MGA structures, and insurance-specific GST/HST treatment.

Read the full Insurance Brokers & Agents Canadian tax and accounting guide

Financial Advisors & Wealth Managers

IIROC and MFDA advisors, wealth managers, fee-based vs commission-based revenue, and PSB risk.

Read the full Financial Advisors & Wealth Managers Canadian tax and accounting guide

Cannabis Producers & Retailers

Licensed cannabis producers, retailers, excise duty, and federal Cannabis Act compliance accounting.

Read the full Cannabis Producers & Retailers Canadian tax and accounting guide

Auto Dealerships & Car Sales

New and used auto dealers, floor plan financing, finance/insurance income, and dealership KPIs.

Read the full Auto Dealerships & Car Sales Canadian tax and accounting guide

Retail Stores & E-Commerce

Brick-and-mortar retail, multi-channel e-commerce, inventory accounting, and Canadian sales tax automation.

Read the full Retail Stores & E-Commerce Canadian tax and accounting guide

Physiotherapists & Rehab Clinics

Physiotherapy clinics, multi-disciplinary rehab, professional corporations, and insurance billing.

Read the full Physiotherapists & Rehab Clinics Canadian tax and accounting guide