Tax Compliance
Tax Compliance — All content on The Advisors Table.
Episodes
SoloThe Airbnb Tax Nobody Knows About
How Airbnb income can quietly transform your home into a taxable commercial property – triggering unexpected HST, loss of principal residence treatment, and massive tax exposure on sale.
- Real Estate
- Capital Gains
- Tax Compliance
SoloCRA Charges $307/hr To Be Right
How relying on CRA phone advice can still leave you with a tax bill – and why only certain written rulings provide protection when the stakes are high.
- CRA Audit
- Taxpayer Rights
- Tax Compliance
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
EpisodeImmigration Tax Traps That Cost Thousands
What no one tells you about foreign assets, worldwide income, and the CRA penalties that can wipe out your savings.
- Cross-Border
- Tax Compliance
- Penalties & Interest
SoloCRA’s 2026 Rule Punishes You For Helping Family
How Canada's proposed bare trust reporting rules could impose costly filing requirements and penalties on ordinary family arrangements – even when no tax is owed.
- Bare Trust
- CRA Powers
- Penalties & Interest
EpisodeHelping Your Kids? CRA Takes a Cut
Why “gifts” can create tax exposure for parents.
- Wealth Transfer
- Family Trust
- Income Splitting
SoloCRA Can See Your Crypto Wallet — Now
How CRA traces crypto activity through exchanges, banks, blockchain analysis, and global reporting systems – turning supposedly "private" wallets into fully auditable financial records.
- Capital Gains
- Tax Compliance
- CRA Powers
EpisodeThe Audit Machine – What 53,000 CRA Employees Are Actually Doing
How CRA's growing audit machine uses data, automation, and aggressive enforcement tactics to identify risks, escalate reviews, and collect billions beyond regular tax filings.
- CRA Audit
- CRA Powers
- Tax Compliance
EpisodeLeaving Canada? Here’s What The CRA Wants You To Know
What tax residency, departure tax, and cutting ties really mean when you move abroad.
- Cross-Border
- Dual Residency
- Capital Gains
SoloCRA's 3 Biggest Audit Targets In 2026
How CRA'S expanding use of data-matching, platform reporting, and automated analytics is driving aggressive audits against crypto investors, real estate flippers, and incorporated workers.
- CRA Audit
- CRA Powers
- Tax Compliance
EpisodeCRA Voluntary Disclosure Program 2025 Explained | What's Changed & What It Means
How Canada’s updated Voluntary Disclosure Program changes the way unreported income, foreign assets, and tax filings are treated — and who still qualifies for relief under the new CRA rules.
- Voluntary Disclosure
- Tax Compliance
- Penalties & Interest
SoloStrange Tax Scenarios: Paying Taxes Without Making Money or Donating Big!
How Canada's expanded AMT rules are catching taxpayers off-guard by limiting deductions, increasing taxable gains, and creating unexpected tax bills on major financial transactions.
- Tax Planning
- Capital Gains
- Tax Compliance
Posts
The 3% Trick: How High-Income Canadian Families Legally Pay Less Tax On Investment Income
A legal 3% trust strategy can help high-income Canadian families shift investment income to children and save thousands in tax – but new AMT rules may now turn those savings into costly surprises.
The Tax Rule That Punishes Canadians for Helping Family — And What You Can Do About It
New CRA bare trust filing catches family bank accounts, joint titles, crypto held for relatives—$50K penalties even if you owe $0 tax. Bill C-15 passed House, Senate next. Sign petition + download checklist before 2026 tax year.
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
"It's A Write-Off" Doesn't Mean It's "Free"
Most people think a company car is a "full write-off" 💸 The reality, CRA has strict limits, caps, and taxable benefit rules that most people never hear about. Before buying a vehicle through your corporation, know these facts.
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.
The Power Of A Family Trust
Same business. Same sale. Same CRA rules. The only difference is how the shares were held. Without a trust: $1,275,000 sheltered through LCGE. With a family trust and three kids: up to $3,825,000 sheltered. The math speaks for itself.
Where Does Your GST Go?
The government collected $52.5 billion in GST last year. The interest on the debt? $54 billion. Your GST pays for nothing.
Most Canadians Have No Idea What The Government Is About To Introduce – And It May Just Ruin Your Life
Most Canadians have no idea this is being introduced in 2026 🇨🇦 The 3 New CRA Audit Powers. They could impact anyone audited. However, this legislation hasn't passed yet – protect yourself and other Canadians by taking action. Awareness is how change starts 🤝 Step 1️⃣: Sign the Petition Step 2️⃣: Fill the MP Letter Step 3️⃣: Share Original Video (3 CRA Powers Coming In 2026 Will Ruin You) ⛓️💥 All links are in our Linktree.