The GST/HST Quick Method explained for 2026: who qualifies, Ontario remittance rates, a real savings example, and how to file the GST74 election on time.
Author
Karim Bitar
Karim Bitar is the lead accountant at BBA Tax Accounting Services in Ottawa and an ELITE Certified QuickBooks ProAdvisor. He and his team prepare personal and corporate tax returns, keep the books for small businesses, handle GST/HST and payroll filings, and represent clients during CRA reviews and audits. His articles explain Canadian tax rules in plain language.
Articles by Karim
SR&ED Tax Credit in Canada: How Small Businesses Claim It in 2026
The SR&ED tax credit explained for 2026: who qualifies, how much CCPCs can claim, eligible costs, and how to file Form T661 with your Canadian tax return.
CRA Tax Instalments in 2026: Who Has to Pay and How to Avoid Interest
CRA tax instalments in 2026: who has to pay, the quarterly due dates, how the CRA calculates them, and how to avoid instalment interest and penalties.
How to Set Up Small Business Payroll in Canada (2026 CRA Guide)
Set up small business payroll in Canada: payroll account, CPP/EI/tax deductions, T4s, remittance deadlines, and the 2026 CRA rules — explained step by step.
Vehicle Tax Deductions for Canadian Small Business: 2026 CRA Rules
The vehicle tax deduction in Canada lets small businesses claim fuel, lease, CCA and more. See 2026 CRA limits, log-book rules, and lease-vs-buy math.
How to Calculate ACB for Crypto in Canada
Step-by-step guide to calculating Adjusted Cost Base for cryptocurrency in Canada — the CRA-mandated method, worked examples across multiple buys and sells, cross-exchange pooling, the superficial loss rule, and the seven most common mistakes Canadian crypto investors make.
Canadian Crypto Tax Guide 2026: Everything CARF Changes
A 2026 deep dive into Canada’s new Crypto-Asset Reporting Framework — what CARF actually changes for Bitcoin holders, DeFi traders, miners, and stakers, plus the steps every Canadian crypto investor should take before automated exchange reporting begins.
Should You Incorporate as a Content Creator in Canada? OnlyFans, YouTube & TikTok Tax Math (2026)
A 2026 deep dive into whether Canadian content creators on OnlyFans, YouTube, TikTok, and Twitch should incorporate — with side-by-side tax math at $50K, $100K, $150K, and $250K, the privacy benefit explained, the TOSI trap, and a clear decision framework.