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When business owners sell investments, real estate, or other assets inside their corporation, there is often a silver lining hiding inside the tax bill: the Capital Dividend Account, commonly called the CDA. The CDA is one of those lesser-known tax…

Most business owners think payroll is simple: Set up employees → run payroll → remit deductions → done. But payroll has a sneaky side. The side that shows up months later with CRA penalties, frustrated employees, missing paperwork, or a…

Life insurance is one of those things most of us know we should have… but when the quote comes in, it can feel expensive. As business owners, many people immediately ask: “Can I just pay for this through my corporation…

The Difference Most Entrepreneurs Don’t Realize (Yet) In Part 1, we talked about how many entrepreneurs unintentionally find themselves in a partnership simply by the way they operate, without ever having the conversation or paperwork in place. Now let’s walk…

The Difference Most Entrepreneurs Don’t Realize (Yet) It usually starts with excitement. Two entrepreneurs connect. Ideas are flowing. There’s momentum, opportunity, and a shared “let’s do this” energy. They talk through roles, rough numbers, and next steps. Maybe it’s over…

Personal Tax Myths  Myth: “Your primary residence becomes taxable once it’s worth over $1 million” Reality: There is no dollar cap on the Principal Residence Exemption in Canada. A qualifying primary residence can be worth $300,000 or $3 million. The…

Capital Cost Allowance (CCA) is one of those tax concepts that often feels straightforward — you buy an asset, you write it off over time, and it reduces your taxable income. But over the past few years, temporary tax incentives…

Between TFSAs, RRSPs, RESPs, and regular savings accounts, it can feel overwhelming to know where to put your money. Many Canadians are already saving — the real challenge is figuring out how to save in a way that creates flexibility…

At Accent CPA, we look beyond individual tax returns and focus on the family unit as a whole. Pension splitting is a great example of a tax planning opportunity that can quietly create meaningful savings — but only if someone…

Planning, Timing, and Rebuilding Your Financial Picture In Separation & Divorce – Part 1, we covered the immediate tax considerations that come with separation or divorce — updating your marital status, understanding support payments, splitting assets, and navigating child-related credits.…