IRS Voluntary Disclosure for U.S. Citizens in Canada: Your 2026 Options Explained
Unfiled U.S. tax returns or FBARs while living in Canada? Compare the IRS streamlined programs, penalties and 2026 rule changes. Cross-border CPA guidance.
Facing a CRA Review Letter? How to Protect Your Deductions
Facing a CRA Review Letter? How to Protect Your Deductions Understanding the Post-Assessment Audit Wave Why You Received a Letter After Filing First, many taxpayers believe that receiving a Notice of Assessment means their tax return is permanently finalized. However, the Canada Revenue Agency routinely conducts massive post-assessment screening campaigns throughout the summer months. During […]
Corporate Tax Strategy for Mid-Year: 3 Reasons to Check Your Corporate Tax Setup Today
Maximizing Year-Round Business Tax Deductions 3 Reasons to Check Your Corporate Tax Setup Today 1. Realignment of Salary vs. Dividends Split First, as an incorporated business owner, you likely split your personal income between a regular salary and corporate dividends. However, your personal cash needs and business revenue may have changed significantly over the last […]
GST/TDS Compliance: A Calendar for Stress-Free Filing
Stop the last-minute scramble! Master your GST/TDS compliance with a proactive calendar and keep your business stress-free with RC CPA. Read more.
Received a CRA Review Letter? Don’t Panic—Here’s What You Need to Do Next
Received a CRA Review Letter? Don’t Panic—Here’s What You Need to Do Next If you’ve recently logged into your CRA My Account or checked your physical mail to find a letter from the Canada Revenue Agency, your first instinct might be to worry. It is a common reaction, but it is important to take a […]
T1 Tax Filing Checklist 2026 – What do you need?
This guide provides a complete, easy-to-follow checklist of all t1 tax filing documents you need in 2026.
Why a CPA Is Not the Same as Tax Software
Why a CPA Is Not the Same as Tax Software Early Tax Planning That Software Can’t Do Tax software has made filing returns easier than ever. Many Canadians believe using the best tax software is enough to handle their taxes. But filing a return and planning your taxes are two very different things. This is […]
When should you hire a CPA in Mississauga?
Best time to hire a CPA in Mississauga: Early Tax Planning for Maximum Savings in 2026 Most individuals and business owners in Mississauga contact a CPA only during tax season—when it’s already too late to make meaningful changes. At RC CPA Professional Corporation, we believe real tax savings happen before the tax year ends. Early […]
US Real Estate Tax Planning for Canadian Residents: An Essential Guide
Complete Tax Implications for Canadians Investing in U.S. Property If you are a Canadian resident buying, owning or selling U.S. real estate, effective cross-border tax planning for U.S. real estate is essential to reduce tax risk, maximize after-tax returns and stay compliant in both countries. This guide explains the key U.S. tax implications and practical […]
Investing in US Real Estate Taxes & Legal Traps – Detailed Guide by RC CPA
Investing in US Real Estate Taxes & Legal Traps – Detailed Guide by RC CPA The Truth About Investing in US Real Estate as a Canadian: What Your Broker Won’t Tell You Investing in US real estate as a Canadian has become increasingly popular. Lower property prices in certain states, steady rental demand, and USD-denominated […]