MNJ CPA InsightsCanadian and Ontario tax and accounting guidance from Manraj Chahal, CPA, LPA, MBA.https://mnjcpa.ca/en-caYear-End Tax Checklist for Ontario Small Businesses (Fiscal 2026)https://mnjcpa.ca/blog/year-end-tax-checklist-ontario/https://mnjcpa.ca/blog/year-end-tax-checklist-ontario/Year-end tax checklist for Ontario small businesses in fiscal 2026: clean books, owner pay, bonus accruals, CCA timing, slip deadlines, HST, instalments and EHT.Tue, 27 Oct 2026 00:00:00 GMTBusiness Advisoryyear-end planningtax checklistOntarioCCPCbonus accrualEHTT4 deadlineinfo@mnjcpa.ca (Manraj Chahal)Rental Income Tax in Ontario: A 2026 Guide for Landlordshttps://mnjcpa.ca/blog/rental-income-tax-ontario-landlords/https://mnjcpa.ca/blog/rental-income-tax-ontario-landlords/Rental income tax for Ontario landlords: reporting on Form T776, deductible expenses, repairs vs. improvements, CCA and recapture, and selling a rental.Mon, 26 Oct 2026 00:00:00 GMTPersonal Taxrental incomelandlordsT776capital cost allowanceprincipal residenceOntarioinfo@mnjcpa.ca (Manraj Chahal)Employee vs. Independent Contractor in Canada: How the CRA Decideshttps://mnjcpa.ca/blog/employee-vs-independent-contractor/https://mnjcpa.ca/blog/employee-vs-independent-contractor/Employee vs. independent contractor in Canada: the CRA's two-step test, the cost of misclassifying a worker at 2026 CPP/EI rates, CPT1 rulings, slips and PSBs.Sun, 25 Oct 2026 00:00:00 GMTPayrollemployee vs contractorCPPEICPT1T4AT5018personal services businessinfo@mnjcpa.ca (Manraj Chahal)How to Prepare Your Corporation for a CRA Audithttps://mnjcpa.ca/blog/prepare-for-cra-audit/https://mnjcpa.ca/blog/prepare-for-cra-audit/How to prepare for a CRA audit: why corporations get selected, how the process works, the documents to gather, record retention, objections and the VDP.Sat, 24 Oct 2026 00:00:00 GMTBusiness AdvisoryCRA auditcorporationrecord keepingnotice of objectionvoluntary disclosures programOntarioinfo@mnjcpa.ca (Manraj Chahal)Shareholder Loans in Canada: The One-Year Rule, Interest and How to Clean Uphttps://mnjcpa.ca/blog/shareholder-loans-canada/https://mnjcpa.ca/blog/shareholder-loans-canada/Shareholder loans in Canada: how s.15(2) and the one-year repayment rule work, the 3% prescribed rate for 2026, the series-of-loans trap and clean-up options.Fri, 23 Oct 2026 00:00:00 GMTCorporate Taxshareholder loansection 15(2)prescribed rateowner-managerCCPCshareholder accountinfo@mnjcpa.ca (Manraj Chahal)RRSP vs. TFSA vs. FHSA in 2026: Which Account Should You Fund First?https://mnjcpa.ca/blog/rrsp-vs-tfsa-vs-fhsa/https://mnjcpa.ca/blog/rrsp-vs-tfsa-vs-fhsa/RRSP vs. TFSA vs. FHSA for 2026: contribution limits, deadlines, first-time buyer rules, using the FHSA with the Home Buyers' Plan, and what to fund first.Thu, 22 Oct 2026 00:00:00 GMTPersonal TaxRRSPTFSAFHSAHome Buyers' Planfirst-time home buyerregistered accountsinfo@mnjcpa.ca (Manraj Chahal)Compilation vs. Review vs. Audit: Which Financial Statements Do You Need?https://mnjcpa.ca/blog/compilation-vs-review-vs-audit/https://mnjcpa.ca/blog/compilation-vs-review-vs-audit/Compilation vs. review vs. audit: how the three Canadian engagements differ in assurance, cost and timing, and who requires each one in Ontario.Wed, 21 Oct 2026 00:00:00 GMTAudit & Assurancecompilation engagementreview engagementauditCSRS 4200financial statementsOntarioinfo@mnjcpa.ca (Manraj Chahal)The Small Business Deduction in Canada: Who Qualifies and How It Works in 2026https://mnjcpa.ca/blog/small-business-deduction-canada/https://mnjcpa.ca/blog/small-business-deduction-canada/The small business deduction cuts tax on a CCPC's first $500,000 of active business income. Learn who qualifies, the grinds and Ontario's 2026 rate cut.Tue, 20 Oct 2026 00:00:00 GMTCorporate Taxsmall business deductionCCPCcorporate taxOntariopassive incomeinfo@mnjcpa.ca (Manraj Chahal)HST Quick Method vs. Regular Method: Which Saves Ontario Businesses More?https://mnjcpa.ca/blog/hst-quick-method-vs-regular-method/https://mnjcpa.ca/blog/hst-quick-method-vs-regular-method/HST Quick Method vs. regular method in Ontario: the $400,000 limit, 8.8% and 4.4% rates, the 1% credit, who can't use it and how to elect with Form GST74.Mon, 19 Oct 2026 00:00:00 GMTGST/HSTHST Quick MethodGST/HSTOntarioinput tax creditsGST74info@mnjcpa.ca (Manraj Chahal)GST/HST Registration: When Do Small Businesses Have to Register?https://mnjcpa.ca/blog/gst-hst-registration-small-supplier/https://mnjcpa.ca/blog/gst-hst-registration-small-supplier/GST/HST registration for Ontario small businesses: the $30,000 small supplier rule, the two tests, the 29-day deadline, voluntary registration and 13% HST.Sun, 18 Oct 2026 00:00:00 GMTGST/HSTGST/HST registrationsmall supplierHSTOntarioinput tax creditsinfo@mnjcpa.ca (Manraj Chahal)Should You Incorporate Your Business in Ontario? A 2026 Guidehttps://mnjcpa.ca/blog/should-you-incorporate-ontario/https://mnjcpa.ca/blog/should-you-incorporate-ontario/Should you incorporate in Ontario? Compare tax deferral, costs, the LCGE, TOSI, professional corporations and the section 85 rollover before you decide in 2026.Sat, 17 Oct 2026 00:00:00 GMTBusiness AdvisoryincorporationOntarioCCPCtax deferralLCGETOSIsection 85info@mnjcpa.ca (Manraj Chahal)Salary vs. Dividends in Ontario: How Owners Should Pay Themselves in 2026https://mnjcpa.ca/blog/salary-vs-dividends-ontario/https://mnjcpa.ca/blog/salary-vs-dividends-ontario/Salary vs. dividends in Ontario for 2026: how RRSP room, CPP, integration, the July 2026 rate cut and the 2027 dividend credit change affect owners.Fri, 16 Oct 2026 00:00:00 GMTCorporate Taxsalary vs dividendsowner-managerOntarioCCPCdividend tax creditRRSPinfo@mnjcpa.ca (Manraj Chahal)