Tax and accounting tips for Toronto business owners
Plain answers on tax changes, deadlines and CRA, written by Wade Halabi, CPA. A new article every week.
Ontario’s small business tax rate is now 2.2%: what it means for your 2026 year-end
Ontario cut its small business tax rate to 2.2% on July 1, 2026. How the blended rate works for 2026 year-ends, and the dividend change coming in 2027.
Year-end tax checklist for Ontario corporations (2026)
Ten things owner-managed Ontario corporations should check before a December 31, 2026 year-end: owner pay, bonuses, shareholder loans, equipment and more.
Got a letter from CRA? What the most common letters mean and what to do
A plain guide to the CRA letters business owners get most: reviews, requests for information, audits, reassessments and collections, and how to respond.
Should you incorporate your business in Ontario? A plain-language guide
When incorporating your Ontario business pays off, what it costs, and how the 2026 small business rate cut changes the math. A plain guide from a CPA.
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