Tax guidance for people who run businesses and own property in Ontario.
No jargon, no filler — just the answers to the questions business owners and property owners actually search for.
How to Choose a Reliable, Transparent CPA Firm in Ontario
What reliability, fee transparency, reasonable pricing, and confidentiality look like — and the questions to ask before you hire a CPA.
Read article →How Ontario Business Owners Carry Losses Backward and Forward (CRA Rules Explained)
Non-capital and capital loss carryback and carryforward periods for T1 and T2 filers, how to claim them, and the mistakes that cost you the benefit.
Read article →Common Self-Filing Mistakes Ontario Business Owners Make (And How They Cost You)
Missed HST and ITCs, ACB errors, mixed expenses, RDTOH and dividend refunds, loss carryforwards, T1135, and late corporate filings — the self-filing errors we see most and what they cost.
Read article →Subsection 45(2) Election: Rent Out Your Principal Residence Without Immediate Capital Gains Tax
How Ontario homeowners can avoid a deemed disposition when converting a home to a rental, keep the principal residence exemption for up to four more years, and file the election letter correctly.
Read article →Personal Services Business Payroll in Ontario: How the Owner Should Get Paid
Why a possible PSB should pay T4 salary, remit tax and CPP on time, skip EI when the owner holds over 40%, and how to catch up on draws already taken with no payroll account.
Read article →You Registered for HST to Invoice Your Corporation. That Number Also Covers Your Airbnb.
A GST/HST account belongs to the person, not to one activity — why a sole-proprietor number opened for management fees also captures your short-term rental, and how to fix missing returns without amending the T1.
Read article →Broker or Reseller? How GST/HST Applies to Commission Businesses in Ontario
Whether tax lands on your commission or on the customer's full payment, what the $30,000 small-supplier test actually measures, and whose business number belongs on the invoice.
Read article →The Ontario Enhanced New Housing Rebate: What Builders Need to Know Before Their Next Closing
Full 13% HST relief on qualifying new homes — plus the ONHAP top-up, the paper-only filing, the cash-flow gap, and the joint liability builders carry.
Read article →Salary vs. Dividends: How Ontario Owner-Managers Should Pay Themselves
The trade-offs between salary and dividends for incorporated business owners, and how to decide which mix works for you.
Read article →Compilation vs. Review Engagement: Which Does Your Lender Actually Need?
What a Notice to Reader is, how it differs from a review engagement, and how to tell which one your bank wants.
Read article →Selling a Rental Property in Ontario? Here's How Capital Gains Tax Works
A walkthrough of how capital gains are calculated on investment property, and what you can do to plan ahead.
Read article →Corporate Tax Filing Deadlines & Penalties in Ontario
What happens if you file your T2 late, and how the penalties and interest actually stack up.
Read article →Small Business Tax Deductions Checklist (Ontario)
The deductions self-employed professionals and owner-managers most often miss — and the records you need to claim them.
Read article →Have a question this didn't answer?
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