2026 Key Facts — Crypto Capital Gains Inside a Corporation Capital gains inclusion rate: 50% — the proposed increase to two-thirds was cancelled and is not law Additional refundable tax…
Draft federal rules released September 15, 2026 would expense most equipment at 100% in year one — but Classes 1, 3, 14, 14.1, 51 and certain vehicles are excluded. What an Ontario owner-manager should check before signing an equipment purchase order.
Ontario law, not marketing, draws the real line between accounting firms: the public accounting licence. How to compare Mississauga firms on scope, engagement type and fee model.
Subsection 78(4) of the Income Tax Act defers your bonus deduction to the year you actually pay it if the remuneration is still unpaid on day 180 after your corporation’s year end. Here is how to count the 179 days, what counts as payment, and a 2026 worked example.
The last trade date for a 2026 capital loss is Wednesday, December 30, 2026 – not December 31. Settlement date governs. Plus the superficial loss rule, the RRSP/TFSA trap, and the T1A carryback.
Not every bare trust has to file. For taxation years ending on or after December 31, 2026 the T3 requirement returns — but the $50,000 value test, the joint-ownership rule and the parent-on-title principal-residence rule in ITA s.150(1.31) exempt most ordinary family arrangements. By Bader A. Chowdry, CPA, CA, LPA.
Crypto donations are legal for Ontario charities but trigger CRA gift-receipting rules, ONCA prudent-investor duties on holding vs. converting, and a governance decision most boards haven’t made yet. By Bader A. Chowdry, CPA, CA, LPA.
The Arthur Wishart Act creates an audit-or-review obligation for a franchisor’s disclosure document, but franchisee-level statement requirements come from a different source entirely: the franchise agreement and the lender, not the Act. By Bader A. Chowdry, CPA, CA, LPA.
Ontario’s annual return is separate from your CRA T2 filing, has its own deadline and fee, and missing it repeatedly can lead to involuntary dissolution. What’s actually required and how to avoid the compliance trap. By Bader A. Chowdry, CPA, CA, LPA.
When ASPE 3063 requires a private company to test a long-lived asset for impairment, how the two-step recoverability test works, and why impairment losses can’t be reversed once recognized. By Bader A. Chowdry, CPA, CA, LPA.
WhatsApp us
CPA-led, AI-enhanced accounting for ambitious businesses across the GTA.
Insight Accounting CPA
4300 Village Centre Ct
Unit 100, Mississauga, ON
L4Z 1S2