Insights
Practical, up-to-date tax and accounting guidance for individuals and small business owners across Ottawa and Canada.
Capital Gains in 2026: What Actually Changed for Canadians
The 2026 capital gains inclusion-rate increase was cancelled. Here is what Canadian investors and business owners need to know now.
Read articleYear-End Tax Planning Checklist for Small Business (2026)
A practical year-end tax planning checklist for Canadian small businesses to trim this year's bill before December 31.
Read articleRRSP vs TFSA in 2026: Limits and When Each Wins
How the RRSP and TFSA differ in 2026, the current contribution limits, and which to prioritize for your goals.
Read articleFHSA vs RRSP vs TFSA: Which Account to Fund First
FHSA, RRSP or TFSA — which should you fund first in 2026? Compare the tax treatment, limits and best uses for each account.
Read articleSalary vs. Dividends: How to Pay Yourself in 2026
Should you pay yourself salary or dividends from your corporation in 2026? A Canadian owner-manager guide to the real trade-offs.
Read articleCPP2 Explained: The Second Earnings Ceiling in 2026
CPP2 adds contributions on higher earnings. Here is how the second ceiling works in 2026 and what it costs employees and owners.
Read articleHST/GST for Ottawa Small Businesses: Registration and Filing
When to register for HST/GST, how to file, and whether the Quick Method saves money — a practical Ottawa small-business guide.
Read articleIncorporating in Ontario: Federal vs Provincial
Federal or Ontario incorporation? Compare costs, name protection and paperwork to choose the right structure for your business.
Read articleThe $1.25M Lifetime Capital Gains Exemption Explained
The LCGE is now $1.25M on qualified small business shares. Learn how Canadian owners can plan toward a largely tax-free sale.
Read articleThe Canadian Entrepreneurs' Incentive: Lower Tax on a Sale
The Canadian Entrepreneurs' Incentive can cut the tax on selling your business. See who qualifies and how it phases in.
Read articleHome Office Deductions for the Self-Employed in Canada
What home office costs the self-employed can deduct in Canada, how to prorate business use, and the CRA rules to follow.
Read articleVehicle Expenses and Mileage: What the CRA Allows
How to claim vehicle expenses in Canada, keep a CRA-proof logbook, and split personal versus business use correctly.
Read articleBuilding an Audit-Ready Bookkeeping System in QuickBooks Online
Set up a clean, audit-ready bookkeeping system in QuickBooks Online with a simple monthly routine that keeps the CRA happy.
Read articleHiring Your First Employee in Ontario: Payroll Basics
Payroll accounts, source deductions, WSIB and T4s — what Ontario employers must do when they hire their first employee.
Read articleTax Instalments: Who Pays and How to Avoid CRA Interest
Who must pay tax by instalments in Canada, how the CRA calculates them, and how to avoid instalment interest and penalties.
Read articleShareholder Loans: The Rules Owner-Managers Miss
Taking money out of your corporation as a shareholder loan? Learn the timing rules that prevent a nasty tax surprise.
Read articleSuccession Planning for Family Businesses in Canada
A practical roadmap for passing on a Canadian family business — tax, timing and the conversations to start early.
Read articleMedical and Disability Tax Credits Families Overlook
Canadian families leave money on the table every year. Here are the medical and disability tax credits worth claiming.
Read articleRegistering a Business in Ottawa: Sole Prop vs Corporation
Sole proprietorship or corporation? How to register a business in Ottawa, get a business number, and pick the right structure.
Read articleYour Notice of Assessment and Handling a CRA Review
How to read your Notice of Assessment and what to do if the CRA reviews or reassesses your return — a calm, practical guide.
Read articleKey Canadian tax dates every small business should know
Key Canadian tax dates every small business should know — practical guidance from Lewis Partners, Ottawa.
Read articleFive bookkeeping habits that make tax season painless
Five bookkeeping habits that make tax season painless — practical guidance from Lewis Partners, Ottawa.
Read articleShould you incorporate? Questions to ask first
Should you incorporate? Questions to ask first — practical guidance from Lewis Partners, Ottawa.
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