Personal returns (T1)
Employment income, self-employment on Form T2125, rental income on T776, investment income
and capital gains on Schedule 3, pension income splitting, and the credits people most
often miss.
Corporate returns (T2)
GIFI schedules, capital cost allowance, the small business deduction, associated-corporation
rules, and shareholder loan balances that need clearing before they become taxable.
Salary vs. dividends
Finding the remuneration mix that suits both the corporation and your household — including
what each choice does to your CPP contributions and your RRSP room.
GST/HST & BC PST
Registration and filing frequency, input tax credits, and whether the Quick Method would
leave you better off than claiming ITCs line by line.
Payroll & source deductions
CPP, EI, and income tax remittances, T4 and T4A slips, Records of Employment, and
WorkSafeBC reporting.
Foreign income & property
Form T1135 foreign income verification, foreign tax credits, and non-resident rental income
elections under section 216. T1135 penalties are steep and apply even when no tax is owing.
Property transactions
Principal residence designation on Form T2091, change-of-use rules when a home becomes a
rental, and the reporting required on a sale even when no tax ends up owing.
CRA reviews & disputes
Responding to review letters and audits, filing notices of objection, requesting taxpayer
relief from penalties and interest, and negotiating payment arrangements.
Trusts & estates
T3 trust returns, final returns for a deceased taxpayer, and the expanded trust reporting
requirements that now catch arrangements people never thought of as trusts.
