Bill C-15 is law, and reportable bare trusts file a T3 and Schedule 15 for 2026 by March 31, 2027. Most family arrangements are now exempt. Nominee corporations and farmland held in personal names usually aren't. A three-gate test for your files.
Read articleThe CRA runs 19 AI systems and scores returns before a human opens the file. What the models match against, and how to respond.
Permanent immediate expensing for most capital assets. What qualifies, which dates control, and what it does to a December T2.
New fraud and going concern requirements land in the small-entity standard. What changes on the file, and the Canadian angle.
No spam, no fluff. Just clear notes from the files, delivered when there is something worth saying.