Accounting and Bookkeeping Services Burlington for Lawyers, Clinics, Retailers, Contractors, and Professionals
Dependable Bookkeeping Services Burlington for Growing, Regulated, and Service-Oriented Businesses
Running a business in Burlington means navigating growth, local competition, and government compliance—all while managing your finances. Whether you operate a clinic in Aldershot, run a contracting crew in Tyandaga, or own a boutique in Downtown Burlington, having up-to-date, CRA-compliant books is essential to staying profitable and stress-free. At MAQ CPA accounting firm, we offer Accounting and Bookkeeping Services Burlington that are tailored, affordable, and handled by real CPAs. We combine industry-specific knowledge with modern cloud technology to help you make smart decisions, stay compliant, and confidently approach year-end.
Small Business Bookkeeping That’s Built for Burlington’s Diverse Business Landscape
[A] Retailers & Brick-and-Mortar Businesses in Burlington
From fashion boutiques and beauty salons to health food stores and auto shops, Burlington’s retail and service industries are active and competitive. But staying on top of inventory, POS systems, GST/HST, and payroll can overwhelm many owners.
We help with inventory tracking, cash flow monitoring, payroll submissions, sales tax filing, and month-end reconciliation to keep your store running smoothly.
FAQs – Retail Bookkeeping Burlington
1. Do you work with POS systems like Square or Shopify POS?
Yes—we integrate with Shopify, Square, Lightspeed, Vend, and others for seamless sales tracking.
2. Can I claim store renovations or leasehold improvements?
Yes—major improvements are capitalized and depreciated. We apply the proper CCA class for tax purposes.
3. What’s the difference between markup and margin in my books?
Markup is what you add to cost; margin is your profit percentage.
4. Can I pay myself from retail profits?
Yes—as an owner, you can pay salary or take dividends, depending on your business structure.
5. How often do I need to remit HST in retail?
Generally quarterly or annually, depending on your revenue. We file on time and reconcile every report.
[B] Healthcare Clinics & Incorporated Professionals (MPCs)
Burlington is home to a wide range of medical professionals—family doctors, dentists, chiropractors, optometrists, and physiotherapists—many operating under Medical Professional Corporations (MPCs).
We handle OHIP reconciliation, private-pay service categorization, associate payments, payroll, HST tracking, and expense recording for audit-ready compliance.
FAQs – Medical Clinic Bookkeeping Burlington
1. Which services are subject to HST in a clinic setting?
Generally, OHIP-covered services are exempt, but cosmetic, aesthetic, or wellness services may be taxable.
2. Can I split income with family members through my MPC?
This depends on CRA rules around income splitting. We guide you on legal options and track payments properly.
3. Do you manage bookkeeping for multiple associates?
Yes—we create custom ledgers to track income, expenses, and payroll per associate.
4. Will you prepare the T2 corporate return as well?
Yes—our bookkeeping flows directly into your T2 and personal tax filings.
[C] Construction, Trades, and Auto Services Burlington
Whether you’re a contractor, electrician, landscaper, or operate an auto repair garage, Burlington trades professionals need clear financial visibility, especially when balancing jobs, quotes, and CRA reporting.
We provide job costing, subcontractor payment tracking, T5018 preparation, tool and equipment write-offs, payroll, and HST filing—all structured to meet CRA and WSIB requirements.
FAQs – Construction Contractor Bookkeeping Burlington
1. How do I know if I should issue a T5018 slip?
If you pay other subcontractors in construction more than $500/year, CRA requires you to issue one. We handle the tracking and filing.
2. What kind of vehicle expenses can I deduct for my construction business?
Fuel, maintenance, leasing, insurance, and repairs—if the vehicle is used for business.
3. How do you track project profitability?
We implement job-specific expense tracking so you can see which jobs make or lose money.
4. Can you reconcile supplier invoices and statements?
Yes—we match vendor bills with bank statements for accurate payable tracking.
5. Do you manage WSIB and payroll deductions?
Absolutely. We calculate and submit everything on time and provide end-of-year T4s.
[D] Consultants, Freelancers, and Incorporated Professionals
Burlington’s professional sector is booming—consultants, engineers, real estate agents, designers, and IT professionals often operate under incorporated entities. We provide customized bookkeeping for professional corporations (PCs) including HST filing, salary/dividend tracking, T4/T5 slip prep, and T2 readiness.
FAQs – Professional Corporation Bookkeeping Burlington
1. Can I deduct coworking or shared office space?
Yes—if used for business purposes, we allocate and deduct appropriately.
2. Can I expense home office supplies and subscriptions?
Yes, as long as they’re related to your business. We help categorize them correctly.
3. What software do you use for bookkeeping?
QuickBooks Online and Xero are our primary tools, but we adapt based on your preference.
4. Can you coordinate personal and corporate tax filing?
Yes—our team prepares both to ensure efficient, tax-smart reporting.
What’s Included in Our Burlington Bookkeeping Services
- Monthly or quarterly bookkeeping
- GST/HST registration, filing, and reconciliation
- Payroll services: setup, remittances, WSIB, EHT, and T4s
- Customized chart of accounts per industry
- Catch-up and cleanup services
- T-slip preparation: T4, T5, T5018
- CRA audit readiness and support
- Expense categorization and capital asset tracking (CCA)
- Software setup and integration (QuickBooks, Xero, Cosmolex, Wagepoint, etc.)
- Financial reporting for loans or investors
- Year-end coordination for T1 and T2 returns
Full CRA Compliance—Built In From Day One
We don’t just enter numbers—we build financial systems that meet and exceed CRA expectations. Burlington small businesses trust us to keep them onside with the law, avoiding costly errors and penalties.
We Help Ensure You Meet CRA Standards For:
- GST/HST collection and remittance
- Payroll deduction calculations and submissions
- 6-year record retention and documentation
- CCA (depreciation) tracking
- T-slip issuance
- Accurate income and expense classification
We Help You Avoid:
- Missed or late tax filings
- CRA penalties and interest
- Improper personal expense claims
- Missing documentation for HST audits
- Disorganized records that delay financing or tax prep
Why Burlington Businesses Choose MAQ CPA Firm
✔ Experienced CPAs with deep industry knowledge
✔ Customized bookkeeping systems built for your business
✔ CRA-compliant, cloud-based platforms
✔ Flat monthly rates with no surprise charges
✔ Year round and remote support for Burlington and Halton small businesses
✔ Seamless integration with payroll, POS, eCommerce tools
✔ Trusted by lawyers, medical professionals, contractors, and consultants across Ontario
✔ One-stop shop for bookkeeping, payroll, and tax
FAQs – Small Business Bookkeeping Services in Burlington
1. How much do your bookkeeping services cost for Burlington business?
Packages start at $300/month, increases depending on complexity, service level and transaction volume.
2. I’m behind on my books—can you help catch up?
Yes—our cleanup bookkeeping services get your books current and compliant quickly.
3. Do you work with Burlington-based franchisees?
Absolutely. We assist with royalty tracking, sales reconciliation, and franchise reporting.
4. Can I access my books remotely?
Yes—all systems are cloud-based, secure, and accessible from anywhere.
5. Do you provide bundled packages with tax filing?
Yes—we offer year-end bundles that include bookkeeping, T2/T1 tax filings, and advisory support.
Clean, Compliant Books That Give You Control
Your books aren’t just a tax-time necessity—they’re a powerful business tool. At MAQ CPA bookkeeping firm, our legal bookkeepers and small business bookkeepers Burlington make bookkeeping effortless, accurate, and completely tailored to how your Burlington business operates. Whether you’re growing your first company or managing multiple entities, we’ll help you stay on track and confidently plan ahead.
Serving Burlington, Aldershot, Tyandaga, Downtown, and the entire Halton Region. Let us help you build a stronger financial foundation—one accurate entry at a time.
Book Your Free Consultation – Let’s Talk Numbers!
📞 Call: 416-901-4126
📧 Email: info@maqcpa.ca