Insights

Plain-language insights on CRA and business tax

We are building a library on the tax issues business owners actually face with CRA. Here is what we are publishing first.

Editorial roadmap

Each piece is written to answer a real question owners ask us — clearly, without jargon, and without hype. Filter by topic to see what is coming.

Filter by topic

CRA Audits

What to Do After Receiving a CRA Audit Letter

The first steps to take — and the ones to avoid — once an audit letter arrives.

In progress

HST/GST

Why CRA Denies HST/GST Input Tax Credits

The documentation and eligibility gaps that most often cost businesses their input tax credits.

In progress

HST/GST

How Business Owners Can Prepare for an HST Audit

What CRA typically reviews in an HST audit and how to have your records ready.

Planned

Industry-Specific

Common Tax Risks in Cash-Heavy Businesses

Where cash-intensive operations draw CRA scrutiny and how to reduce exposure.

Planned

CRA Audits

What CRA Looks for in a Business Audit

The patterns and red flags that tend to attract — and shape — a business audit.

In progress

Tax Cleanup & Voluntary Disclosure

How to Clean Up Corporate Tax Problems Before They Escalate

How to identify and correct lingering corporate tax issues before they grow.

In progress

Tax Cleanup & Voluntary Disclosure

When Should a Business Consider Voluntary Disclosure?

When coming forward through voluntary disclosure may be the right path — and what it involves.

Planned

Corporate & Owner-Manager

Shareholder Loans and CRA: What Business Owners Should Know

How shareholder loan balances are treated and the timing pitfalls owner-managers face.

Planned

Corporate & Owner-Manager

Tax Issues to Review Before Selling a Business

The tax matters worth reviewing well ahead of a sale to avoid surprises at closing.

Planned

Records & Document Requests

Why Good Records Matter During a CRA Audit

How organized records can shorten an audit and support your position.

Planned

Industry-Specific

How Construction Businesses Can Reduce CRA Audit Risk

Recordkeeping and subcontractor practices that lower audit risk for construction firms.

Planned

HST/GST

HST/GST Issues for Real Estate Businesses

The HST/GST questions that commonly arise in real estate transactions and operations.

Planned

Records & Document Requests

What to Do If CRA Requests Bank Statements

How to respond when CRA asks for bank statements — scope, timing, and what to share.

Planned

Corporate & Owner-Manager

Payroll and Subcontractor Tax Risks for Business Owners

Worker classification and payroll remittance risks that can trigger CRA attention.

Planned

Records & Document Requests

How to Respond to a CRA Document Request

A measured approach to CRA document requests — what to provide and how to keep it organized.

Planned

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