Accounting and Bookkeeping Services Hamilton for Clinics, Trades, Professionals, and Small Businesses

Streamlined, CRA-Compliant Bookkeeping Services Hamilton for Entrepreneurs, Clinics & Local Trades

Hamilton is a city built on resilience and innovation—from revitalized downtown businesses to thriving trades, professional services, and food stores. But whether you’re operating a physio clinic on the mountain, a restaurant near James Street, or an online retail store out of your home, one thing remains true: keeping your books in order is critical to success. At MAQ CPA accounting firm, we offer Accounting and Bookkeeping Services Hamilton designed for small business owners, incorporated professionals, contractors, and service-based entrepreneurs. With our experienced CPAs and cloud-based bookkeeping systems, you’ll get the accurate records, HST support, and payroll peace of mind you need to stay focused and grow.

Industry-Specific Bookkeeping That Works for Hamilton’s Business Landscape

[A] Restaurants, Cafés & Food-Based Businesses

Hamilton’s hospitality industry is booming. But between managing staff, fluctuating food costs, HST on dine-in vs. takeaway, and tip reporting, most restaurant owners are spread thin.

We specialize in restaurant bookkeeping, including sales reconciliation, payroll, inventory tracking, tip-out reporting, GST/HST filings, and CRA audit readiness.

FAQs – Restaurant Bookkeeping Hamilton

1. How do I handle tips in my restaurant for tax and payroll?

Tips are taxable income. We track and report them accurately for payroll and CRA purposes.

2. Can I claim delivery service fees (like Uber Eats or SkipTheDishes)?

Yes—those commissions are deductible business expenses.

3. Do I charge HST on takeout and dine-in differently?

No, both are taxable under most scenarios. We ensure proper HST treatment on all sales.

4. What if I pay some restaurant staff in cash?

Paying in cash doesn’t avoid payroll obligations. We advise compliant payroll procedures and help you correct past issues.

5. Can you handle multiple locations or franchises?

Yes—we provide consolidated reporting and separate financials by location.

[B] Contractors, Trades & Auto Service Businesses

Hamilton’s backbone is still built by its trades. Whether you run a construction crew, auto garage, HVAC company, or electrical contracting business, your small business bookkeeping Hamilton needs are specialized—especially when it comes to subcontractor tracking, tool purchases, WSIB, and seasonal cash flow.

We offer job cost tracking, payroll, T5018 slip prep, HST returns, and tool/equipment depreciation that helps you reduce tax liability and boost profitability.

FAQs – Contractor & Auto Service Bookkeeping Hamilton

1. What is a T5018 slip and when do I need to file it?

If you’re in construction and pay subcontractors, you’re required to file a T5018 with CRA. We take care of it.

2. Can I deduct fuel and repairs on my work vehicles?

Yes—as long as the vehicle is used for business purposes, we’ll track and claim them correctly.

3. How do you handle multiple jobs or crews?

We use job costing to break out income and expenses per project or job site.

4. What about tool and equipment purchases?

We apply the correct CCA class to depreciate tools and large equipment over time.

5. Do you help with WSIB and payroll deductions?

Yes—we handle full payroll setup, WSIB remittance, and prepare all T4s.

[C] Medical Clinics & Health Professionals (MPCs)

Hamilton has a strong network of family doctors, chiropractors, optometrists, and physiotherapists, many of whom operate through Medical Professional Corporations (MPCs). We offer custom bookkeeping solutions for clinics, including OHIP tracking, private-pay categorization, payroll, GST/HST treatment, and regulatory compliance.

FAQs – Healthcare & MPC Bookkeeping Hamilton

1. Do I charge HST on physiotherapy or massage?

Only if it’s not covered by a regulated medical body or is considered a wellness service. We help you classify revenue correctly.

2. Can I split income between my MPC and personal account?

No—you must pay yourself through salary or dividends. We help manage this accurately.

3. Do you offer medical clinic staff payroll support?

Yes—salaries, bonuses, vacation pay, source deductions, and year-end T4 filing are included.

4. Can I expense continuing education and licensing fees for my medical practice?

Yes—we track professional development expenses and licensing costs for full deduction.

[D] eCommerce & Home-Based Businesses

From Shopify sellers to Etsy entrepreneurs and Amazon drop-shippers, Hamilton’s online business community is thriving. But tracking sales across platforms, reconciling Stripe/PayPal, and filing the right HST returns can get messy fast.

We offer full-service eCommerce bookkeeping, with sales channel integration, COGS tracking, HST registration, inventory accounting, and monthly reconciliation—all tailored for home-based and digital businesses.

[E] Incorporated Professionals & Consultants

Whether you’re a lawyer, an engineer, real estate agent, IT consultant, or creative freelancer, incorporation can offer tax savings—but only if your books are kept clean and your filings are accurate.

We provide bookkeeping for Professional Corporations, covering salary/dividend tracking, GST/HST filing, expense classification, and end-of-year T2 tax coordination.

What’s Included in Our Hamilton Bookkeeping Services

  • Monthly or quarterly bookkeeping
  • Bank and credit card reconciliation
  • GST/HST filing and remittance
  • Payroll processing (Wagepoint, WSIB, CRA deductions, EHT, T4s)
  • Subcontractor tracking and T5018 slips
  • OHIP/private-pay tracking for clinics
  • Capital asset depreciation (CCA tracking)
  • Inventory and COGS management
  • Cloud integration: QuickBooks, Xero, Cosmolex, Clio, POS systems
  • CRA audit prep and full documentation
  • Year-end-ready financial statements
  • Catch-up and historical cleanup bookkeeping

CRA Compliance—Made Easy for Hamilton Businesses

Our team stays up to date with CRA regulations so you don’t have to. We’ll help ensure your records are accurate, well-organized, and ready for any audit—whether you’re a sole proprietor or an incorporated business.

Our CRA Compliance Services Cover:

  • GST/HST registration and accurate filing
  • Payroll deduction tracking and remittance
  • T-slip issuance (T4, T5, T5018)
  • Expense categorization for full deductibility
  • Capital asset tracking for depreciation
  • 6+ year record retention compliance

📘 CRA Reference – Keeping Proper Records

Why Hamilton Business Owners Choose MAQ CPA

✅ Chartered Professional Accountants (CPAs) with 10+ years’ experience

✅ Local expertise with Hamilton’s business sectors

✅ CRA-compliant bookkeeping with audit-ready documentation

✅ Industry-specific processes for lawyers, restaurants, clinics, and trades

✅ Fixed monthly pricing—no surprise fees

✅ QuickBooks and Xero certified support

✅ Year-end tax integration (T1 and T2)

✅ Year round remote service for Hamilton businesses

FAQs – Bookkeeping Services in Hamilton

1. How much do bookkeeping services cost in Hamilton?

Our pricing starts at $300/month, increases depending on the complexity, service requirement and volume of transactions.

2. Do you offer backdated or cleanup bookkeeping?

Yes—we can bring your books up to date whether you’re behind a few months or several years.

3. Can I still work with you if I’m using Excel or paper books?

Yes—we’ll transition you to a cloud-based system like QuickBooks or Xero, including training.

4. Will you prepare my business and personal taxes too?

Absolutely. We handle bookkeeping, T1 (personal), and T2 (corporate) filings as part of our integrated service.

5. Do you help with CRA reviews or audits?

Yes—we respond to CRA inquiries, provide documentation, and support you through the process.

Your books shouldn’t be a stress point. At MAQ CPA bookkeeping and accounting firm, we offer Hamilton business owners more than just accurate numbers—we offer clarity, control, and compliance. Whether you’re building homes, managing patients, cooking meals, providing legal services or running a digital store, we’ll help you keep everything on track.

Serving Hamilton, Stoney Creek, Ancaster, Dundas, and the Greater Golden Horseshoe. Remote support. Quick Turnaround. Professional service.

Book Your Free Consultation – Let’s Talk About Your Business

📞 Call: 416-901-4126
📧 Email: info@maqcpa.ca