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 an accountant who is also a business owner, I know that avoiding a CRA audit for your business is about more than just following

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

Starting in the spring of 2025, the Canada Revenue Agency (CRA) is implementing a significant shift. CRA online mail for businesses is changing. Online mail

When it comes to claiming CCA on rental property, the decision is more complex than it first appears. As a real estate accountant, and real

Tax checklists for business owners, real estate investors, and medical professionals are usually treated like a year-end task — something to pull out when it’s