Running a successful concrete company requires more than just mixing materials—it demands sound financial management.
At Dymas Services, we specialize in providing tailored accounting solutions designed specifically for concrete businesses in Calgary.
Our experience can help you deal with the unique challenges and opportunities within the industry, offering comprehensive services to streamline your financial operations.
PROFESSIONAL BOOKKEEPING & TAX SERVICES FOR CONCRETE BUSINESSES
We offer bookeeping and tax services for all services in the concrete business such as:
✅ Concrete cutting companies
✅ Pre-cast concrete builders
✅ Flatwork Concrete Businesses
✅ Structural concrete builders
✅ Foundation companies
✅ Concrete stampers
✅ Pool builders
✅ Patio builders
✅ Concrete countertop companies
✅ Concrete flooring companies
✅ Concrete stainers
✅ Concrete polishers
✅ Concrete Pumping Services
✅ ShotCrete Sprayers
✅ Concrete Demolition companies.
How We Can Assist Your Trade in the Calgary Area
We offer specialized services tailored
to the needs of concrete businesses, ensuring compliance with tax laws and
optimizing financial outcomes. Some specific services they provide for concrete
businesses in Canada include:
✅ Bookkeeping & Financial Statements: We can provide your business with monthly or quarterly bookkeeping for all business income and expenses so that we can build financial reports for your business. These include the Profit & Loss statement and the Balance sheet.
✅ Business Tax Preparation: We can assist concrete businesses in preparing and filing their corporate income tax returns, ensuring accuracy and compliance with tax laws specific to the construction industry.
✅GST/HST Compliance: We help concrete businesses manage their Goods and Services Tax (GST) and Harmonized Sales Tax (HST) obligations, including registration, filing returns, and ensuring compliance with industry-specific rules and regulations.
✅ Tax Planning and Strategy: We offer strategic tax planning services to concrete businesses, helping them minimize tax liabilities, optimize deductions, and structure transactions in a tax-efficient manner.
✅ Capital Cost Allowance (CCA) Calculation: We assist concrete businesses in calculating and claiming capital cost allowance (CCA) deductions for eligible depreciable assets such as equipment, machinery, and vehicles used in their operations.
✅ Payroll Tax Compliance: We help concrete businesses navigate payroll tax obligations, including deductions for Canada Pension Plan (CPP), Employment Insurance (EI), and income tax withholding for employees.
✅ Subcontractor Compliance: We provide guidance on tax obligations related to subcontractors, including issuing and filing T5018 and T4A slips for subcontractor payments and ensuring compliance with applicable withholding requirements.
✅ Expense Deduction Optimization: We help concrete businesses identify and maximize deductions for business expenses such as materials, equipment, fuel, subcontractor payments, and other costs associated with construction projects.
✅ Tax Credits and Incentives: We can assist concrete businesses in identifying and claiming available tax credits and incentives, such as the Apprenticeship Job Creation Tax Credit (AJCTC) or the Scientific Research and Experimental Development (SR&ED) tax credit for eligible research and development activities.
✅ Tax Representation and Audit Support: We represent concrete businesses in dealings with the Canada Revenue Agency (CRA), including responding to tax audits, inquiries, and disputes, and negotiating settlements on behalf of their clients.
✅ Industry-Specific Advice: We can offer expert advice and guidance on industry-specific tax issues affecting concrete businesses, such as accounting for long-term contracts, inventory valuation, and navigating complex tax rules related to construction projects.
Put Some Accelerator in Your Bookkeeping
From managing project costs and tracking expenses to optimizing cash flow and ensuring compliance with industry regulations, we've got you covered. Let us handle the numbers so you can focus on building your business and delivering exceptional results to your clients.
Don't let accounting complexities hold your concrete company back. Partner with [Your Company Name] and experience the difference firsthand. Contact us today to learn more about our accounting services and take your business to new heights!"