The hidden liabilities, real tax advantages, and the honest answer to: "Should I incorporate?" Every week, we meet new entrepreneurs in the greater Montreal area who are running their businesses without fully understanding the legal and tax framework around them. Some are paying too much in taxes. Others believe their corporation fully shields them from personal liability — until it doesn't. And many are simply unsure whether to incorpor ate at all. This blog post is design

A Comprehensive Guide for Canadian Taxpayers and Quebec Residents Cryptocurrencies — Bitcoin, Ethereum, and thousands of other digital assets — have moved from speculative novelty to mainstream financial instruments. Yet despite their widespread adoption, many Canadian taxpayers and Quebec residents remain uncertain about their tax obligations. The Canada Revenue Agency (CRA) and Revenu Québec have made one thing very clear: cryptocurrency is taxable, and non-compliance carri

As we move into tax season, there's a mix of urgency and opportunity in the air. For individuals and small business owners across Quebec and Canada, the decisions you make in the coming weeks will directly impact your financial well-being for the year ahead. At N&R CPA, we believe that smart, proactive tax planning isn't just about compliance—it's about empowering you to keep more of what you've earned and build the future you envision. Whether you're filing your personal ret

Le 4 novembre 2025 , le ministre des Finances François‑Philippe Champagne a présenté un budget qui maintient les principaux taux d’imposition mais introduit des incitations ciblées et de nouvelles règles de conformité. Voici ce que les propriétaires de petites et moyennes entreprises doivent retenir. Points saillants pour les entreprises Pas de changement aux taux. Les taux d’impôt fédéraux restent à 15 % pour les sociétés et 9 % pour les petites entreprises. Déductions supe

On 4 November 2025 , Finance Minister François‑Philippe Champagne presented a budget that keeps corporate and personal tax rates steady but introduces new incentives and anti‑avoidance rules aimed at boosting investment and productivity. Here’s a simple rundown of what matters most for Canadian entrepreneurs. Highlights for Businesses No change in tax rates. Corporate tax rates stay at 15 % for general income and 9 % for small businesses. Super‑charged deductions. If you bu

The recent federal budget has introduced significant changes to the capital gains tax, specifically targeting wealthy individuals and...