Articles
Practical tax and accounting guidance for individuals, professionals and business owners in Ontario.
T2 Corporate Tax Return: Deadlines and What to Prepare
Every corporation in Canada has its own tax return, separate from the owner’s personal return. It’s called the T2. Many new business owners are…
Read Article
Medical Professional Corporations in Ontario: What Physicians Should Know
Many Ontario physicians eventually ask whether they should incorporate. A medical professional corporation (MPC) can create tax-planning opportunities, but it also brings extra cost,…
Read Article
Do I Need to Register for GST/HST? The $30,000 Small Supplier Rule
If you’ve started a business or freelance work in Ontario, one of the first tax questions is whether you need to charge HST. The…
Read Article
Received a Letter from the CRA? What to Do Next
A letter from the Canada Revenue Agency (CRA) can be unsettling, but most CRA letters are routine. Many simply ask for receipts or an…
Read Article
Year-End Tax Planning Checklist for Ontario Small Business Owners
Most tax savings for a small business are decided before the year ends, not when the return is filed. Once your fiscal year closes,…
Read Article
Should I Incorporate My Business in Ontario? Pros, Cons and Costs
Starting a business comes with many important decisions, and choosing the right business structure is one of them. If you are a small business…
Read Article
Salary vs Dividends in Ontario: How Owner Managers Decide
If you own an incorporated business, one question comes up sooner or later: how should you pay yourself? Should you receive a regular salary,…
Read Article
Small Business Tax Guide Canada 2026: Everything Every Business Owner Need to Know
Starting and running a business is exciting, but understanding taxes is just as important as growing your revenue. This Small Business Tax Guide Canada 2026 is…
Read Article
2025 TAX Updates
2025 Tax Updates Personal Income Tax Changes (2025) Federal Tax Brackets: As of recent years, the tax brackets have been adjusted slightly for inflation.…
Read Article