2026 Q3 - Tips and Traps

The third quarter 2026 edition of Tax Tips & Traps highlights recent Canadian tax developments, including the tax implications of changing the use of real estate, updates to CRA’s Voluntary Disclosures Program, and recent court decisions involving deductible employment expenses and the impact of lump-sum payments on government benefits. It also discusses RESP considerations for families moving to the U.S., estate planning opportunities involving disability trusts, and CRA’s increasing use of AI in audit selection.