Learn how a client narrowly avoided thousands in unexpected taxes after forgetting to file a 45(3) election when converting their rental property back to a principal residence. A must-read for homeowners and tax professionals.

When inflation drives up costs, smart businesses adapt. This story-driven guide explores practical strategies for managing expenses, negotiating with vendors, optimizing operations, and protecting profit—without cutting corners. A must-read for any business navigating uncertain economic times.

Tips are taxable income in Canada—but when do CPP and EI apply? This guide breaks down controlled, direct, and declared tips so both employers and employees can stay compliant with CRA rules.

Learn how much fractional CFO services cost, what affects pricing, and how to know if this part-time financial leadership model is right for your business.

Ever wonder why some grocery items are taxed and others aren't? In Canada, the CRA draws a line between "basic groceries" (zero-rated) and taxable food. This post breaks it down with clear examples to help you understand what gets taxed at checkout — and why.