Business Owners
Business Owners — All content on The Advisors Table.
Episodes
SoloHow To Get Paid By US Clients (Canadian Corp)
How Canadian corporations billing US clients can face 30% withholding, HST issues, and PSB reclassification – and the key factors CRA uses to assess the relationship.
- US Tax
- Cross-Border
- Corporate Tax
EpisodeDon’t Buy A Car In 2026 Until You Learn CRA's Rules
How a luxury vehicle purchase can turn into a personal tax nightmare — and why the government isn't actually "paying" for your car.
- Vehicle Expense
- Corporate Tax
- Business Owners
GuestIs Your Accountant Actually Helping You?
How financial planning, tax strategy, and the right advisory team come together to build long-term wealth.
- Business Owners
- Tax Planning
- Business Sale
SoloCRA Is Calling Your Employees Behind Your Back
How electronic tips can create unexpected CPP and EI liabilities for employers – and why CRA may be gathering information from employees before contacting the business.
- CRA Audit
- CRA Powers
- Business Owners
EpisodeYour Business Partner Can Take Everything
How business partnerships that start with shared vision and ownership can unravel over time — often due to shareholder agreements, misaligned incentives, and structural decisions made at the beginning
- Shareholder Agreement
- Business Owners
- Business Sale
EpisodeShould Your Money Live in a Corporation or Personally?
Most people focus on what to invest in – but where you invest matters far more, shaping taxes, growth, and long-term after-tax wealth over time.
- Holdco Structure
- Corporate Tax
- Tax Planning
SoloCRA Ends 14-Year Break — Truckers Losing Millions
How CRA's renewed PSB enforcement is putting incorporated truck drivers and owner-operators at risk of higher taxes, denied deductions, and costly reassessment.
- CRA Audit
- Trucking
- Corporate Tax
Posts
How To Get Paid By US Clients Through A Canadian Corporation (2026 Guide)
W-8BEN-E, HST, salary vs dividends, and personal services business risk: how Canadian corporations can bill US clients without expensive mistakes.
3 CRA Powers Coming in 2026 That Every Canadian Needs to Know
The CRA's new 2026 audit powers — compelled sworn testimony with no transcript, $50/day penalties without a court, and reassessment clocks frozen indefinitely. Here are the three every Canadian needs to understand.
One Mistake Killed His $5M Deal — Why the Wrong Team Destroys Business Sales
Selling your business? One wrong hire and hidden tax traps can kill the deal. Why regular accountants fail at business-exit tax planning — and how to build the deal team that protects your sale.
CRA’s 5 Most Dangerous Weeks: What TEBA Means for Your Next Audit
What is TEBA, and why does it make February–March the most dangerous weeks for a CRA audit? How the CRA's March 31 year-end drives aggressive reassessments — and a 3-phase plan to protect yourself.
$800K Tax Bill That Should’ve Been $0 — The 5 Mistakes That Cost This Business Owner Everything
Discover the 5 critical errors that turned a $0 tax bill into an $800K disaster for a business owner. Learn how to protect your company from CRA reassessments, audits, and massive penalties.
Visual Guides
The Airbnb Tax Nobody Knows About
You put your home on Airbnb. The bookings are strong. The income is rolling in. But according to CRA, your home may no longer be a home. It may now be treated as commercial property – like a hotel. And when you sell, you could owe $150,000 in unexpected tax. Here is the breakdown: 🏠 How Airbnb can trigger CRA's "change of use" rules ⚖️ The 2024 court case where CRA successfully applied HST on sale 💰 How one homeowner could owe roughly $150,000 in HST alone 🚫 Why stopping Airbnb does not fix it — every exit triggers the same tax 📋 What you should do right now if you host on Airbnb These rules were written 30+ years ago for hotels. Nobody in government has updated them for Airbnb. And Airbnb is not warning you.
CRA Is Still Auditing A Tax That No Longer Exists
The Underused Housing Tax was rescinded under Bill C-15 for 2025 and subsequent years. No filings required. No tax owed. But the CRA is still auditing taxpayers who were exempt from the old rules and didn't file the paperwork – for a tax they were never going to owe in the first place. The minimum penalty? $1,000 for individuals and $2,000 for corporations. Per property. Per year. That is not compliance work. That is revenue collection through paperwork penalties on a regime the parliament has already thrown out.
Spring Economic Update 2026
Canada's Spring Economic Update for 2026 is here 🇨🇦 From lower CPP contributions and grocery support to fuel tax relief and homebuyer incentives, these changes could directly impact your finances and tax planning. Their goal is to build a stronger Canada and create long-term economic growth for Canadians. But with rising public debt and major new spending, the bigger question is – who pays for it later?