What Business Owners, Investors, and High-Income Individuals Need to Know

Each quarter brings new tax developments that can materially affect financial outcomes—sometimes in ways that are easy to miss until it’s too late. The Q1 2026 edition of Tax Tips & Traps (Issue 153) highlights recent CRA changes, court decisions, and administrative updates that business owners, investors, and high-income individuals should review early in the year.

Below is a detailed breakdown of the key issues covered this quarter, along with practical context on why they matter.

What Business Owners, Investors, and High-Income Individuals Need to Know

The second quarter of 2026 brings several important tax developments involving corporate accounting, shareholder transactions, real estate, GST/HST, family property ownership, child benefits and employment-related deductions.

The Q2 2026 edition of Tax Tips & Traps (Issue 154) highlights recent court decisions and CRA guidance that demonstrate how documentation, proper accounting and the way transactions are structured can significantly affect tax outcomes.

Below is a practical breakdown of the major issues covered this quarter and why they matter.

What Business Owners, Investors, and High-Income Individuals Need to Know

CRA technology is becoming more sophisticated, real estate tax treatment continues to generate major court disputes, and even ordinary decisions involving work expenses, investments, retirement benefits and estate planning can create unexpected tax consequences.

The Q3 2026 edition of Tax Tips & Traps (Issue 155) reviews several important CRA developments and recent court decisions affecting Canadian taxpayers.

Below is a practical breakdown of the major issues covered this quarter and why they matter.