Tax Accountant for Alarm and Camera Installers in Ontario and Across Canada
We build the deferred revenue schedule your monitoring contracts need, so an annual fee billed in January is earned across twelve months instead of landing as one month of imaginary profit. We claim the reserve for unearned amounts under ITA paragraph 20(1)(m), reconcile your GST34 reported sales back to income that has not been earned yet, put NVRs and video management servers in Class 50 at 55% while the panels and cameras stay in Class 8, carry a purchased book of monitoring accounts in Class 14.1, test subcontracted installers against the CRA guide RC4110 factors and file the T4A slips. Whether you run residential alarm installs, commercial integration, CCTV and access control, or a monitoring dealer book, we account for the recurring revenue that is the real business — with AFFORDABLE flat fees.
AFFORDABLE Alarm and Camera Installer Tax Accountant
You do not really sell installations. You sell an installation at a thin margin in order to win a monitoring contract that renews for years, and everything that matters about your company’s accounting follows from that one fact. The install is a day of work, a panel, a handful of cameras, a spool of cable and a commission paid to whoever signed the customer. The monitoring contract behind it earns every month for as long as the customer stays, which is why a buyer paying for your company is paying a multiple of your recurring monthly revenue and barely looking at your vans. The problem is that most alarm companies are booked as if the install were the business. Annual and quarterly monitoring fees billed in advance are dropped into income the month the invoice goes out, so the company shows a spike of profit it has not earned, pays tax on service it still owes, and then looks like it collapsed for the eleven months afterward. At Gondaliya CPA, we specialize in deferred revenue, recurring revenue reporting and equipment pools for alarm and camera installers, providing AFFORDABLE flat-fee support that keeps you CRA-compliant and stops you paying more tax than you owe.
As an alarm and camera installer accountant, we work with residential alarm installers, commercial security integrators, CCTV and access control specialists, and alarm monitoring dealers across Ontario, with year-round support rather than a once-a-year scramble. We tell you what each install actually earned, how long a contract takes to pay back the equipment and the commission, and what your contract book is worth.
Let us handle the numbers so you can focus on the installs and the accounts.
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Accounting That Understands How an Alarm and Camera Installer Actually Works
A security company carries financial pressures a straight trade contractor never faces. You spend the equipment and the commission on day one and recover them over years of monitoring fees. You bill some customers a full year ahead. Your recorders are obsolete long before their capital cost allowance pool runs out. Your installers are often subcontracted in a way CRA regularly disagrees with. At Gondaliya CPA, we understand that reality and provide practical, trade-focused solutions across Ontario.
Stay Compliant and Minimize Your Alarm and Camera Installation Tax
For a security installer, staying onside with the authorities that touch your work and paying the least legal tax are the same job. We keep every filing on schedule while claiming every equipment, labour and monitoring dollar the T2 allows, so nothing is missed and nothing invites a reassessment.
Accounting & Tax Experts for Alarm and Camera Installers
- AFFORDABLE + Fully Registered CPA Firm
- Business and Corporate Tax Expert
- Small & Medium Business Expert
- Accounting, bookkeeping, and tax filing
- Certified CPA
- 1300+ 5-star Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Choose Our Accounting Services for Alarm and Camera Installers?
Tax Planning — Deferred Revenue & Pools
We know the trade: the ITA paragraph 20(1)(m) reserve on prepaid monitoring, Class 50 at 55% on NVRs and video servers, Class 14.1 on purchased accounts. We protect the $500,000 Small Business Deduction.
Consulting — Install Margin & RMR
Our bookkeeping costs each install against the contract it won, shows how many months of monitoring repay the equipment and the commission, and tracks attrition on the account base.
CRA Representation — Revenue & Crew Audit
When CRA questions prepaid monitoring or the subcontracted installer line, we prepare the response and pursue relief on Form RC4288 where a prior error caused the penalties.
Bookkeeping — Cash Flow & Sale
We build the cash flow that funds equipment and commissions before the monitoring pays them back, produce the statements your lender reads, and model the exit years ahead.
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Alarm and Camera Installer Clients
Alarm and Camera Installer Tax and Accounting Services in Ontario
Corporate Tax Filing (T2) for Alarm and Camera Installers
Professional T2 preparation with the unearned monitoring reserve claimed, NVRs in Class 50, panels and cameras in Class 8, and CRA compliance on every line.
Bookkeeping & Accounting for Alarm and Camera Installers
A deferred revenue schedule that releases prepaid monitoring month by month, install-level job costing, recurring monthly revenue tracked with attrition, and clean statements.
Payroll Services for Alarm and Camera Installers
Technician payroll with WSIB coverage, PD7A remittances, T4s and T4A slips filed on time, and subcontracted installers tested against CRA guide RC4110.
GST/HST Filing for Alarm and Camera Installers
AFFORDABLE HST filing with the timing on prepaid monitoring handled under ETA subsection 168(1) and every input tax credit on equipment recovered.
Tax Planning for Alarm and Camera Installers
Smart tax planning on the unearned revenue reserve, equipment purchase timing across Class 50 and Class 8, and the sale of your contract book years ahead.
Corporate Catch-Up Filing for Alarm and Camera Installers
File overdue T2 and HST years, rebuild the deferred revenue and equipment pools, and get back into CRA compliance with accurate catch-up support.
CRA Audit Resolution for Alarm and Camera Installers
Expert support for prepaid revenue, installer classification and equipment disposal audits, handled with confidence from the first letter.
CPA Financial Statements (Notice to Reader) for Alarm and Camera Installers
CPA-compiled financial statements that account lenders accept, showing recurring monthly revenue and deferred revenue separately from installation work.
Incorporation Services for Alarm and Camera Installers
Full incorporation including NUANS, articles, share structure, and the section 85 rollover of your equipment, vans and monitoring contracts into the company.
Catch-Up Bookkeeping Services for Alarm and Camera Installers
Months or years of install invoices, monitoring billings, central station charges and equipment purchases reconstructed and reconciled, so your asset schedule is finally accurate.
US Corporation & LLC Tax Filing for Alarm and Camera Installers
Cross-border filing on US monitored sites and where owners or shareholders are non-resident or American, covering withholding and T1135 reporting.
Voluntary Disclosure Program for Alarm and Camera Installers
Come forward on unfiled T4A slips, unreported recapture or years of monitoring never deferred before CRA calls, cancelling penalties through a Voluntary Disclosures Program application.
Accounting & Tax Services Tailored for Alarm and Camera Installers
Real, practitioner-level CPA expertise for residential alarm installers, commercial security integrators, CCTV and access control specialists, and alarm monitoring dealers across Ontario — built for a business whose recurring monthly revenue matters more than any single install.
- We prepare your T2 with GIFI on Schedule 100 and Schedule 125, separating installation revenue, recurring monthly monitoring, service and inspection contracts and cloud video subscriptions onto their correct lines so CRA’s matching reads your file properly.
- Prepaid monitoring billed in advance is included in income under ITA paragraph 12(1)(a) when received, so we claim the reserve for services still to be rendered under ITA paragraph 20(1)(m) and carry the unearned balance forward.
- We claim capital cost allowance on Schedule 8 with alarm panels, keypads, contacts, IP cameras and access control readers in Class 8 at 20%, NVRs and video management servers in Class 50 at 55%, and service vans in Class 10 at 30%.
- A purchased book of monitoring accounts is an intangible rather than equipment, so we carry it in Class 14.1 at 5% where the contracts have no fixed legal life, and confirm the class against the purchase agreement before filing.
- When a recorder is retired or equipment comes back off a cancelled account, we calculate the recapture where proceeds exceed undepreciated capital cost and claim the terminal loss where a class is emptied for less than its balance.
- We build a deferred revenue schedule in SedonaOffice or QuickBooks Online that holds every annual and quarterly monitoring prepayment on the balance sheet and releases one month of it to income at a time, contract by contract.
- We cost each install against the contract it won, loading the panel, the cameras, the cabling, the installer hours and the sales commission, so you can see how many months of monitoring repay what the job consumed.
- We report recurring monthly revenue as its own figure with cancellations and attrition tracked against it, because the number a buyer pays a multiple for is not the number on your income statement.
- We split the equipment from the labour on the one invoice you issue, because panels and cameras are goods bought at a margin you control and installer hours are a service priced on time nobody has costed.
- We capture supplier, central station, cabling and van invoices through Dext and reconcile monthly, keeping the six years of records ITA section 230 requires and making sure no input tax credit on equipment is lost.
- We test whether your subcontracted installers are employees or contractors against the CRA guide RC4110 factors of control, tools, ability to subcontract and risk of loss, because that line is where a payroll auditor starts on a security file.
- We file T4A slips on the installers who are genuinely contractors, so the subcontract payments you deducted are reported the way CRA expects rather than sitting inside an unsupported total with nothing at all behind it.
- We set up technician payroll in Wagepoint, withholding income tax, CPP and EI and remitting on the PD7A by the 15th of the following month, because CRA’s graduated late-remittance penalty on source deductions reaches 10%.
- We register your WSIB coverage before the first technician is hired and keep the Working at Heights records current, because exterior camera work, mast climbing and ladder work are exactly what an unregistered employer cannot afford an injury on.
- We file your T4 slips and T4 Summary by the last day of February, reconcile them to the PD7A remittances actually made, and monitor Ontario payroll against the $1,000,000 Employer Health Tax exemption as the crew grows.
- Panels and cameras as goods, the install as a service and the monthly monitoring fee as a service are all taxable at 13% in Ontario, so we split them on the invoice for costing rather than for the tax rate.
- Under ETA subsection 168(1) the tax is payable on the earlier of the day consideration is paid and the day it becomes due, so a full year of monitoring billed in January puts twelve months of HST into one filing period.
- A genuine deposit is not consideration until applied under ETA subsection 168(9), but a prepaid monitoring fee is usually payment rather than a deposit, and we confirm which one your contract actually creates before the return is filed.
- We reconcile the sales reported on your GST34 to the revenue on your T2, because on a company deferring monitoring the two figures differ by design and you need the schedule that explains why before CRA asks.
- We claim input tax credits on panels, cameras, NVRs, cabling, central station fees, cellular communicator charges, van fuel and shop rent, which on a company equipping new accounts every month is a substantial recovery every filing period.
- We use the ITA paragraph 20(1)(m) reserve on unearned monitoring deliberately, so a year in which you converted a large block of customers to annual prepayment does not hand CRA tax on twelve months of service you have not delivered.
- We time equipment purchases against your fiscal year-end, weighing the 55% Class 50 rate on NVRs and video servers against the 20% Class 8 rate on panels and cameras, so the deduction lands where it is worth most.
- We set the salary-versus-dividend mix for the owners, paying enough T4 salary to build RRSP room while the balance flows as dividends, so combined tax stays near the 12.2% Ontario small-business rate instead of 53.53%.
- We keep active income under the $500,000 Small Business Deduction limit using ITA section 125, and watch the associated-corporation rules where a second company holds the shop, the vans or the monitoring contracts themselves.
- We plan at least two years ahead so your shares qualify for the $1.25M Lifetime Capital Gains Exemption under ITA 110.6, purifying the balance sheet of the cash a recurring revenue business quietly accumulates and fails the asset test on.
- We reconstruct installation revenue and monitoring billings from bank deposits, the recurring billing run and issued invoices across your unfiled years, rebuilding the six years of records ITA section 230 requires you to keep.
- Late filing costs 5% of the balance owing plus 1% per month up to twelve months, so we file your oldest unfiled T2 first to stop the penalty compounding and limit the arrears interest CRA charges on top.
- We rebuild the deferred revenue balance at every missing year-end, because a catch-up filing that recognized each annual prepayment on the billing date overstates income in one year and understates it in the next, in both directions.
- We rebuild the capital cost pools across the missing years and move NVRs, video servers and workstations out of Class 8 into Class 50, recovering deduction that was understated in every year the wrong pool ran.
- We file a Voluntary Disclosures Program application on Form RC199 before CRA contacts you, because a disclosure accepted under the general program cancels penalties in full and gives roughly 50% interest relief on the older years.
- When CRA questions the subcontracted installer line, we produce the contracts, the invoices and the CRA guide RC4110 analysis for each installer, because that line is where a security company’s payroll audit almost always begins.
- When a reviewer asks why your GST34 reported sales exceed the revenue on your T2, we hand over the deferred revenue schedule contract by contract and the ITA paragraph 20(1)(m) reserve calculation that supports it.
- When CRA tests equipment left on a customer’s premises, we show whether title passed on the install or the company still owns the panel, and carry it in Class 8 with the disposal recorded when the account ends.
- When CRA opens a full audit, we manage the file and answer the revenue, asset and payroll queries inside the deadlines, so a one-year review does not expand across the three prior years CRA is entitled to reopen.
- We file the Notice of Objection within 90 days of a reassessment and pursue taxpayer relief on Form RC4288, cancelling penalties and interest that can top $15,000 where a prior accountant’s error caused them, protecting your Tax Court rights.
- We prepare the CSRS 4200 compilation engagement financial statements a lender requires across two fiscal years for the acquisition of a book of monitoring accounts and for the operating line that funds equipment and commissions.
- Your compiled statement of operations shows recurring monthly monitoring revenue separately from installation revenue, because a lender advancing against your contract book needs the recurring figure isolated rather than blended into a single sales total.
- Your statement of financial position carries deferred monitoring revenue as the liability it genuinely is, the equipment at net book value split between Class 8 and Class 50, and any purchased accounts in Class 14.1.
- We present the account base with cancellations and attrition visible across two years, because the lender is underwriting how long your customers stay far more than it is underwriting the resale value of your vans.
- We deliver the compiled statements within 30 days of receiving your records and the year’s T2 figures, because a financing approval on a contract book that another dealer is also bidding for does not wait.
- We incorporate your security company under the Ontario Business Corporations Act, giving you limited liability on work that people rely on for safety and roughly the 12.2% Ontario small-business rate against 53.53% personally.
- We complete the section 85 rollover on Form T2057, transferring your equipment, vans, van stock and existing monitoring contracts into the corporation at elected amounts, deferring the capital gain that a straight sale of the contract book would trigger.
- We set the opening Class 8, Class 50, Class 10, Class 13 and Class 14.1 schedules from the rollover, so the corporation starts with an asset base and a contract book that are correct rather than rebuilt from memory.
- We open the corporation’s CRA Business Number, HST and payroll accounts within the first 30 days and confirm insurance certificates, customer alarm permit registrations and any electrical or vehicle registrations move properly to the new entity.
- We set the chart of accounts with deferred monitoring revenue, recurring monthly revenue and install-level job costing built in from the first contract, so the records accumulate correctly rather than being rebuilt before a sale.
- We rebuild months or years of neglected books from bank deposits, the recurring billing run, central station invoices and install paperwork, so a company that grew its account base without bookkeeping finally gets a clean ledger.
- We rebuild the equipment schedule item by item from purchase invoices and split it across Class 8, Class 50, Class 12 and Class 10, which is almost always wrong when we inherit an alarm installation file.
- We recover the input tax credits buried in unentered panel, camera, NVR, cabling and central station invoices, because a company equipping new accounts every month can hide five figures of credits over a couple of years.
- We reconstruct the deferred revenue balance and the recurring monthly revenue history across the backlog, so the caught-up statements show what the contract book was actually earning rather than when the invoices happened to go out.
- We reconcile technician payroll and subcontracted installer payments to the PD7A and T4A filings across the caught-up months, so an accurate T2 can be filed without guessing at what the crew were actually paid.
- Where you monitor or service premises in the United States, we review the place of supply and export rules against what was actually supplied and where, rather than treating a foreign billing address as an automatic answer.
- Where a non-resident owns shares in your company, we handle the Part XIII withholding on dividends paid out of Canada and the NR4 reporting that follows, so nothing is missed at 25% or the applicable treaty rate.
- We file Form T1135 where the owners’ foreign property passes the $100,000 threshold, avoiding a penalty regime CRA applies whether or not any tax was actually owing on the holding itself in that year.
- Where a US citizen is a shareholder or an owner of the company, we coordinate the Canadian and US returns, because their reporting obligations reach into a Canadian corporation in ways most families discover far too late.
- We reconcile the Canadian and US returns so foreign tax credits actually land, ensuring tax paid on the same monitoring income in one country offsets tax in the other rather than being written off as a cost.
- We bring your company forward on subcontracted installers paid for years with no T4A slips filed, because the per-slip penalties and the classification exposure both sit behind that single unsupported subcontractor line on the return.
- We disclose years of monitoring recognized on the billing date with no reserve ever claimed, which misstates income in both directions across every open year and is not something that quietly corrects itself over time.
- We disclose recapture never reported when a block of accounts was sold to another dealer or when recovered panels and recorders were disposed of, because a disposal nobody recorded does not disappear from the pool.
- We file your VDP submission on Form RC199 with a full reconstruction from the billing system, install invoices and bank records, so a company that outgrew its bookkeeping is not left facing an arbitrary assessment.
- We confirm your disclosure is genuinely voluntary before CRA contacts you — the single condition that makes it valid — and secure the roughly 50% interest relief on the older years, turning a prosecution risk into a managed correction.
Alarm and Camera Installer Recurring Revenue & Tax Check
Six quick questions on your deferred revenue, your recurring revenue reporting, your equipment pools, your installer classification, your purchased accounts and whether it is time to incorporate. No fee shown.
1. Is prepaid annual or quarterly monitoring deferred and released month by month?
2. Do your statements show recurring monthly revenue separately from install revenue?
3. Are NVRs and video servers in Class 50 rather than pooled in Class 8?
4. Have your subcontracted installers been tested against the RC4110 factors?
5. Are purchased monitoring accounts carried on a Class 14.1 schedule?
6. Is your alarm and camera installation business incorporated?
Free CPA Consultation for Alarm and Camera Installers
Case Studies: Alarm and Camera Installer Accounting & Tax
Toronto Alarm Dealer — A Year of Monitoring in One Month
The problem: A Toronto residential alarm dealer had moved most of its customer base onto annual monitoring billing to cut down on failed monthly payments. Every one of those invoices was recognized as income on the day it was issued. The company reported a January that looked like the best month in its history, paid corporate tax on twelve months of service it had not yet delivered, and then spent the rest of the year appearing to lose money while it actually performed the work. The bank could not read the statements and neither could the owner.
What we did: We built a contract-by-contract deferred revenue schedule, moved every unearned month onto the balance sheet as the liability it is, claimed the reserve for services still to be rendered under ITA paragraph 20(1)(m), and restated the open years so income matched the months actually earned.
The result:
- Monitoring income spread across the 12 months it is earned
- Unearned revenue reserve claimed on the T2
- Monthly statements the bank could finally read
Mississauga Security Integrator — Recorders in the Wrong Pool
The problem: A Mississauga commercial integrator had bought NVRs, video management servers and the workstations that run them over six years, and every unit had gone into Class 8 at 20% alongside the panels, keypads and door contacts. The recorders were replaced roughly every four years because the firmware stopped being supported, while the deduction was still crawling along at a rate meant for hardware that lasts a decade. The company was paying tax on income its fastest-depreciating assets should have been sheltering.
What we did: We rebuilt the asset schedule from purchase invoices, moved the qualifying recorders, servers and workstations into Class 50 at 55%, left the panels and cameras in Class 8 at 20%, restated the capital cost allowance across the open years, and set an intake rule so new equipment is classified the day it arrives.
The result:
- Six years of recorder purchases reclassified to Class 50
- Deduction rate on those assets raised from 20% to 55%
- New equipment now classified at intake
Hamilton Camera Installer — The Install Nobody Costed
The problem: A Hamilton CCTV and access control installer quoted every job on a rule of thumb and billed equipment and labour on one invoice line. The owner assumed the large multi-camera commercial jobs were carrying the company. Once we loaded panels, cameras, NVRs, cabling, installer hours, the truck roll and the sales commission against each install, the big commercial work was barely breaking even on the install and taking more than two years of monitoring to repay itself, while the small residential jobs paid back in months.
What we did: We built install-level job costing in QuickBooks Online against the quoting records, separated equipment from labour, reported recurring monthly revenue with attrition beside it, and gave the owner a monitoring payback figure for every job type before the next quoting season.
The result:
- Payback period visible for every install type
- Equipment and labour margin separated on each job
- Commercial quoting repriced on real cost
Our clear, efficient process ensures every step is transparent, building trust and long-term client relationships.
Kickoff (Document Request)
Collect prior T2 returns, the monitoring contract list with billing frequency, recurring billing exports, install invoices and quotes, central station statements, equipment purchase invoices, any account purchase agreement, van and lease documents, payroll records, and bank statements.
First 30 Days (Cleanup & Setup)
Set up QuickBooks Online or Xero against SedonaOffice or your billing platform, build the deferred revenue schedule, rebuild the Class 8, 50, 12, 10, 13 and 14.1 schedules, and run the RC4110 analysis on every subcontracted installer.
Monthly Close
Release one month of monitoring from deferred revenue, report recurring monthly revenue with attrition, cost each install against its contract, file GST34 with the prepaid timing handled, and reconcile payroll, PD7A and subcontractor payments.
Quarterly Planning Review
Salary and dividend mix, equipment purchase timing across Class 50 and Class 8, the unearned revenue reserve position, monitoring payback on current quoting, attrition trend, and cash flow against equipment and commission spend.
Year-End Close & T2 Filing
Trial balance, financial statements with deferred revenue stated and recurring revenue separated, equipment at net book value by class, recapture and terminal loss settled, T2 with GIFI and the paragraph 20(1)(m) reserve, and CRA preparation.
Get Your Alarm and Camera Installation Taxes Done Right Today
Affordable Pricing for Alarm and Camera Installers
We believe in clear, upfront pricing so you know exactly what to expect. All fees include HST.
- Tax Preparation (Corporation) — From $400
- Tax Return Filing (Corporation) — From $400
- Tax Compliance Audit — FREE CRA audit support for our clients
- Tax Strategy — FREE for our clients
- Accounting Base Plan — From $100 per month
- Bookkeeping Management — Free for our Accounting clients
- Financial Reporting — Free for our Accounting clients
- Business Formation — Flat $35
- Incorporation Process — Flat $35
- Entity Setup Assistance — Flat $35
- Full-Service Payroll — From $125 per month
Payment is by Interac e-Transfer to info@gondaliyacpa.ca only. Security question: Not Applicable, as auto-deposit is enabled.
Meet Your Lead Alarm and Camera Installer Accountant
Meet your lead alarm and camera installer accountant. As your recurring revenue and corporate tax adviser, you deal with the same two people every year.
What Our Clients Say
1300+ five-star reviews from security, installation and field service business owners across Ontario and Canada.
Serving Alarm and Camera Installers Across Ontario
Our CPA team provides specialized accounting and tax solutions for alarm, camera and access control installation companies throughout Ontario. We understand why prepaid monitoring is a liability before it is income, why a recorder does not belong in the same pool as a door contact, what a purchased book of accounts is worth, and what CRA looks at first when it opens a security file.
Toronto (ON)
55 Queen St E Ste 1205, Toronto, ON M5C 1R6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Mississauga (ON)
2100 Camilla Rd #716, Mississauga, ON L5A 2J8
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Brampton (ON)
4 Starhill Crescent, Brampton, ON L6R 2P9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Scarborough (ON)
24 Clementine Square, Scarborough, ON M1G 2V7, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Vaughan (ON)
19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Oshawa (ON)
210 Durham St, Oshawa, ON L1J 5R3, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Ottawa (ON)
2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Etobicoke (ON)
60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Hamilton (ON)
70 Starling Dr, Hamilton, ON L9A 0C5, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Guelph (ON)
1155 Gordon St, Guelph, ON N1L 1S8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Windsor (ON)
4387 Guppy Ct, Windsor, ON N9G 2N8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
North York (ON)
150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Alarm and Camera Installer Accounting & Tax FAQs
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Alarm and Camera Installer Accounting & Tax Done Right.
T2 filing with prepaid monitoring deferred and the unearned revenue reserve claimed under ITA paragraph 20(1)(m), recurring monthly revenue reported separately from install revenue, NVRs and video servers in Class 50 at 55% instead of pooled in Class 8 with the panels and cameras at 20%, purchased monitoring accounts carried in Class 14.1, the HST timing on annual billing handled under ETA subsection 168(1), and subcontracted installers tested against the CRA guide RC4110 factors with T4A slips filed. AFFORDABLE flat fees, no hourly billing. Licensed CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.