Real estate investors, medical professionals, and business owners have many reasons to incorporate, but one of my favourites doesn’t get talked about enough: the flexibility
Understanding the CRA audit red flags faced by Canadians is essential. Because of greater and greater access to data, Canada Revenue Agency is able to
Personal tax season is here and it’s time to get ready and get organized! If you want maximize tax deductions on your 2025 personal taxes,
Get ahead with 2025 tax season tips. Learn key strategies to maximize deductions and reduce your tax burden this year.
When you’ve got an audit letter from CRA, it’s natural for your heart to skip a beat. I’ve been there myself—more than once—and I know
As we step into 2026, I revisited my list of resolutions that I believe business owners, whether in real estate, the medical profession, or another
As we approach the end of another year, it’s that crucial time again for our year-end tax planning checklist. In this blog post and linked
As an accountant who is also a business owner, I know that avoiding a CRA audit for your business is about more than just following
Here we are nearing the end of 2025, and still trying to come to grips with bare trusts. It is crucial to understand these reporting
The term “bare trust” may be something you’ve heard about but not contemplated too much. Until fairly recently, you may in fact have had a
Canada’s housing deficit and affordability crisis has been a hot topic of discussion for quite some time. To try to “solve” this, various levels of
The dreaded personal tax audit! Canadians often live in fear of that audit letter arriving in the mail or hitting their email inbox. So, I’m
If you’re a realtor in Canada, you’ve likely heard of Personal Real Estate Corporations (PRECs). In fact, I have worked with many realtors to create
When I talk to real estate investors (and frankly medical professionals and other business owners), I often hear about strategies and habits they’ve used for
I have heard many opinions over the years about how long to keep tax records in Canada. Part of the problem is that different areas
