Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
Alberta Corporate Tax Rate 2026: What Businesses Pay
Understand the Alberta corporate tax rate for 2026, including the small business deduction, how it compares to other provinces, and key planning strategies for businesses and their accountants.
GRIP (General Rate Income Pool) in Canada Explained
Understand the General Rate Income Pool (GRIP) in Canada: its purpose, calculation, impact on eligible dividends, and common mistakes. Includes a worked example for an Ontario contractor firm and practical tips for CPAs.
Corporate Loss Carryforward Rules in Canada: A Complete Guide
Learn the rules for carrying forward corporate losses in Canada, including non-capital and net capital losses, limitations, and how to track them efficiently with Awditify.
RDTOH: Refundable Dividend Tax on Hand Canada Guide
A comprehensive guide to refundable dividend tax on hand (RDTOH) in Canada. Understand calculation, eligible vs non-eligible dividends, and how Awditify helps track and automate RDTOH for your clients.
Vehicle Expense Deduction for Corporations in Canada: A Complete Guide
A practical guide to vehicle expense deductions for Canadian corporations, covering CRA requirements, common pitfalls, GST/HST considerations, and how to track expenses with Awditify.
SR&ED Tax Credit Canada: A Practical Guide for Claimants
A comprehensive guide to the SR&ED tax credit in Canada, including eligibility, eligible expenditures, filing process, and tips for maximizing your claim.
Immediate Expensing Deduction Canada 2026: What You Need to Know
The immediate expensing deduction in Canada lets eligible businesses deduct the full cost of qualifying property. In 2026, the limit for CCPCs falls to $600,000. This guide explains the rules and how to claim.
CCA Classes in Canada: Complete List 2026
A practical guide to Capital Cost Allowance (CCA) classes in Canada for 2026, including the full list of classes, rates, and tips for accurate bookkeeping.
Eligible vs Ineligible Dividends in Canada Explained
Eligible and ineligible dividends are taxed differently in Canada. This guide explains the distinction, the dividend tax credit, and how to choose the right type for your corporation and shareholders.
Small Business Deduction in Canada Explained (2025 Guide)
The small business deduction (SBD) helps eligible Canadian corporations reduce their tax rate on active business income. This guide covers who qualifies, how the calculation works, and common mistakes to avoid.
What Is Depreciation? A Canadian Business Guide to CCA
Understand depreciation (Capital Cost Allowance) for Canadian businesses: CCA classes, rates, half-year rule, and how to automate fixed asset tracking with Awditify.
CRA Payroll Deduction Tables 2026: Canada Guide
A practical guide to using the 2026 CRA payroll deduction tables for Canadian employers, with step-by-step instructions, key changes, and common mistakes to avoid.