Construction

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Construction is one of the biggest sectors in the Lower Mainland’s economy and represents a significant part of our practice. Clearline CPA provides accounting and tax services to contractors and subcontractors, as well as residential and commercial real estate developers. Some specific subsectors we work with include: plumbing, electrical, HVAC, glass and mechanical contractors, environmental site management service providers, as well as architectural design and engineering firms.

 

Whether your firm uses the percentage of completion or completed contract method, the accuracy of project-based accounting is essential to managing your construction business. We are well versed in these accounting concepts and can assist you with making your accounting more accurate so you have access to better information. Clearline’s team of professional accountants and tax specialists can advise you on taxes, tax credits, regulations, and laws to help you grow and reduce your exposure to risks.

Services

  • Year-end financial statements:
    • Compilation
    • Review
    • Audit
  • Corporate tax return (T2) filing
  • Trust return (T3) and dividend (T5) filing
  • Tax projections and planning for shareholders
  • Strategic tax and estate planning
  • Corporate restructuring
  • Family trusts
  • Business acquisition and sales consulting
  • Mergers and acquisition consulting

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Accounting for Construction Contracts

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Federal Apprenticeship Job Creation Tax Credit and the BC Training Tax Credit

  Federal Apprenticeship Job Creation Tax Credit (“AJCTC”)   The AJCTC is a non-refundable investment…

The Benefits of Family Trusts

Recent changes in legislation have left individuals questioning the benefits of a Family Trust (“FT”).…

Thought Leadership

Practice Leaders

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Bilal Kathrada

CPA, CA, Principal

Bilal primarily focuses on income tax and succession planning for Canadian owner-managed businesses in various industries.

Shane Schepens

CPA, CA, Principal

Shane primarily focuses on income tax planning, reorganizations, and succession planning for owner-managed businesses in various industries.

Tom Gillespie

CPA, CA, Principal

Tom primarily focuses on the provision of assurance (audit and review engagement) services to companies in a variety of sectors.