Construction & Trades Businesses

Bookkeeping & Tax Services for Contractors & Trades in Toronto

Serving Toronto & the GTA | 🧾 CRA Compliant | 💼 Construction & Trades Experts

Focus on the Job Site, Not the Paperwork

Contractors and tradespeople juggle quotes, invoices, crews, and materials daily—who has time for accounting? We specialize in **bookkeeping and tax services for trades**, giving you the tools to run a profitable, audit-proof business.

Track every job’s true cost

Stay WSIB compliant

Manage payroll & T5018s

File accurate HST & taxes on time

Tailored Accounting Services for the Construction & Trades Sector

Job Costing & Project Tracking

Understand exactly what you’re making on each project with:

  • Job-level income & expense tracking**
  • Tools & materials cost reconciliation
  • Subcontractor and supplier management
  • Real-time reporting on **profit margins per job**

WSIB Registration & Compliance

Stay covered and compliant with:

  • WSIB registration** for new businesses
  • Monthly or quarterly **remittance tracking**
  • WSIB **reconciliation and audits**
  • Health & safety support documentation (optional add-on)

GST/HST Registration & Filing

We handle everything from setup to submission:

  • GST/HST registration** with CRA
  • Timely monthly, quarterly, or annual filings
  • Help with **input tax credit** tracking
  • Compliance for **mixed-use or exempt services**

T5018 Slips for Subcontractors

If you pay subcontractors, T5018 slips are required. We’ll help you:

  • Identify reportable payments
  • Track totals across vendors
  • File **T5018 Summary and Slips** with CRA
  • Stay compliant with **Construction Industry Reporting requirements

Who We Work With

  • General Contractors
  • Renovators & Homebuilders
  • Electricians, Plumbers, HVAC
  • Roofing & Siding Specialists
  • Landscapers & Concrete Contractors
  • Solo trades & incorporated construction firms

Testimonials

See what people say about us

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Jennifer Ly profile picture
Jennifer Ly
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Sanjeev and his team are so helpful and responsive. Def highly recommend working with them.
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DOWN 2 EARTH Network
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BBS Accounting CPA is a great firm! Highly professional and always reliable. They handle our finances with expertise. Highly recommend!
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Nate TLR profile picture
Nate TLR
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For more than ten years BBS Accounting has provided our luxury real estate sales and property management business in Toronto with professional, friendly and prompt accounting services. BBS has provided us with complete support including responses to bookkeeping questions, support with customer inquiries, direction when dealing with the CRA and more. No question was too big or small for the BBS team. I have no hesitation in recommending BBS Accounting for your accounting needs.
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Sam Fazzina profile picture
Sam Fazzina
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BBS ACCOUNTING is knowledgable and competent. I've been using them for almost 2 years and I'm very happy. My services include business accounting, personal accounting, as well as my business payroll. Sanjeev and his team are patient with me and always goes out of their way to educate me and answer my questions. They help me make informed decisions when it comes to my personal or business taxes. Thanks to BBS for everything so far and looking forward to a long and healthy relationship. Sam Fazzina Toronto Light Therapy / Toronto Light and Body
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Andres Sanchez-Pillot profile picture
Andres Sanchez-Pillot
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Deals with all of the Taxes and is always quick to answer any questions.
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Vikas Palan (Vik) profile picture
Vikas Palan (Vik)
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Sanjeev and Team are great. Knowledgeable and very professional.
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vivek chandra profile picture
vivek chandra
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BBS Accounting Ltd is a reputable accounting firm that provides exceptional services to small businesses. Their expertise in financial management and tax planning is invaluable, offering valuable advice tailored to each client's unique needs. One of the standout features of BBS Accounting is their convenient monthly billing plan, which allows businesses to budget effectively and avoid unexpected lump-sum payments. The firm's commitment to prompt follow-ups and timely tax filing is commendable, ensuring that clients remain compliant and avoid penalties. Their team of knowledgeable professionals stays up-to-date with the latest tax regulations, providing peace of mind to business owners who can focus on growing their operations. Overall, BBS Accounting Ltd is a trusted partner for small businesses seeking comprehensive accounting solutions, valuable guidance, and a seamless experience
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Salman profile picture
Salman
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Excellent team, that's highly responsive and smart.
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Ruru Baked profile picture
Ruru Baked
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We've been customers of BBS for about 4 years now. They are always available to answer questions we have about our finances and taxes, and always on time with completing our books, year ends, payroll taxes, and more. Extremely valuable for any business owner and also affordable. Have recommended BBS to many of our friend's seeking accounting help.