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Tax season sneaks up fast, and for a lot of contractors, the stress comes from one thing: disorganized books. In this episode, we sit down with Andrew from LNM Accounting Solutions to break down what contractors should actually focus on before CRA comes knocking.
We talk about the real contractor–accountant relationship (and why you shouldn’t let an accountant force your day-to-day software), why QuickBooks is everywhere, and where it starts to fall short for field operations. Andrew also shares practical tips on staying audit-ready, avoiding “brown envelope syndrome,” and the simplest habits that keep your books clean all year.
If you’re running a construction business, this one covers what matters: bookkeeping, GST/HST, payroll vs dividends, shareholder loans, business use of home/vehicle, and how to reduce tax stress with better systems and routines.