2026 Q2 - Tax Tips and Traps

The Q2 2026 edition of Tax Tips and Traps highlights several important developments that could have significant implications for taxpayers this year. Inside, we explore updates to capital gains planning, changes affecting business owners and incorporated professionals, trust and estate considerations, and evolving CRA enforcement trends. The issue also covers practical strategies around retirement planning, family tax planning, and navigating common reporting traps that can lead to unexpected tax consequences.