Most of the decisions that shape the outcome happen long before the paperwork.
They happen quietly.
Behind closed doors.
With consequences that don’t reset.
Soon, those conversations won’t be private anymore.
If you’re navigating complexity, you’ll want a seat at this table.
If you're a Canadian corporation billing a US client, your setup may look perfectly normal—until CRA decides it looks like employment.
CRA is reviewing a specific profile: one shareholder, one client, full-time hours, and working inside the client's systems. If your corporation is classified as a Personal Services Business (PSB), the tax consequences can be enormous.
In this episode of The Advisors Table, we break down the tax implications of working with US clients, from W-8BEN-E forms and GST/HST registration to salary versus dividends and the risk of a retroactive CRA reassessment.
In this episode, we cover:
What the W-8BEN-E actually does for Canadian corporations
Why an incomplete treaty claim can trigger 30% US withholding
Why you may need to register for HST, even when charging your US client 0%
Salary vs. dividends when you have one major US client
How CRA determines whether your corporation is a Personal Services Business
Four key decisions that can increase or reduce your PSB exposure
Having a US client doesn't automatically create a tax problem. What matters is how CRA views your working relationship. If CRA determines you're effectively an employee, your corporation could face a 44.5% tax rate retroactively.
Discover the steps you can take to structure your corporation, understand your tax obligations, and reduce your exposure to costly reassessments.
16 Jul 2026
Family Trusts Explained: Why the Wealthy Never Gift Their Kids Anything
Most parents believe the best way to help their children is to give them assets early.
Sometimes, that's the most expensive mistake they can make.
Once you gift an asset, the decision is permanent. Ownership changes—and so does your control.
In this episode of The Advisors Table, Sankalp (Sunny) Jaggi explains why gifting assets to your children isn't always the smartest estate planning strategy, and how a family trust can help you protect your wealth while maintaining flexibility and control.
Together, we discuss:
Why putting assets in your children's names can create irreversible problems
How a family trust allows you to retain control without giving up ownership
The tax strategy behind a real-life case study where one family paid $1.6 million in tax while another paid just $270,000
When your children should actually inherit your wealth
The two situations where a family trust makes sense—and when it doesn't
How estate freezes and the Lifetime Capital Gains Exemption can preserve family wealth
Common misconceptions about trusts, inheritance, and estate planning
A family trust isn't about avoiding your family.
It's about protecting what you've spent a lifetime building while keeping your options open for the future.
If you own a business, investment properties, or a growing investment portfolio, this episode offers practical insights into the tax and estate planning decisions that can have a lasting impact on your family's financial future.
Disclaimer: This episode is based on a real client scenario. Names and certain details have been changed to protect client confidentiality. The discussion is intended for educational purposes only and should not be considered legal, tax, or financial advice. Always consult a qualified professional before making financial decisions.
24 Jun 2026
Do You Actually Need a Holding Company? (Canadian Tax Advisor)
A holding company can be one of the most valuable planning tools in Canada.
Or it can be a complete waste of money.
For the right person, it can protect assets, improve tax planning, and preserve opportunities that would otherwise be lost. For the wrong person, it’s just unnecessary cost and complexity.
In this episode, we cover:
• The 5 Signs you may actually need a holding company
• Why surplus corporate cash can become a hidden risk
• How investment income can create avoidable tax problems
• The costly mistake one real estate investor was making every year
• Why business owners should think about planning long before a sale
• Who should not set up a holding company
The biggest mistake isn’t failing to create a holding company.
It’s creating one before you know whether it solves a problem you actually have.
🔗 Links:
Instagram: /advisorstablepodcast
LinkedIn: /the-advisors-table-podcast
Free Holding Company Decision Guide:
https://www.theadvisorstable.com/reso (https://www.theadvisorstable.com/reso)...
📞 Looking for Trusted Tax Advice?
Connect with Sankalp (Sunny) Jaggi, CPA, CA, MTax, CFF at Cedar Consulting Group
📧 Email: sunny@cedargroup.ca (mailto:sunny@cedargroup.ca)
🌐 Website:
https://www.cedargroup.ca/ (https://www.cedargroup.ca/)
🔔 Subscribe for real-world tax scenarios that show what happens without planning.
👇 Comment below: Which of the five signs sounds most like your situation?
LEGAL DISCLAIMER:
This video is based on a real case, but names and some details have been changed to protect client confidentiality. This content is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional before making financial decisions.
#TheAdvisorsTable #HoldingCompany #RRSP #TFSA #Tax #WealthPlanning #TaxPlanning #CPA
00:00 Introduction: When a Holding Company Makes Sense
00:59 Sign #1: Investment Income Is Being Taxed Too Early
01:53 The Hidden Cost of Taxable Investment Accounts
03:00 How Holding Companies Create Tax Deferral
04:01 RRSP & TFSA Come First
04:50 Sign #2: Cash Is Piling Up Inside Your Business
05:23 Protecting Business Savings from Operating Risks
06:04 The $1.3 Million Capital Gains Exemption
07:16 Moving Surplus Cash to a Holding Company
08:19 Sign #3: The Doctor Losing $280,000 Per Year
09:58 Moving Real Estate Into a Holding Company
11:13 Recovering Over $1 Million Tax-Free
12:10 Sign #4: Protecting Personal Assets from Professional Risk
13:29 Sign #5: Preparing for a Major Capital Gain
14:24 Bonus: Holding Companies for Business Partners
15:03 The One Thing Every Successful Structure Has in Common
15:23 Who Should NOT Set Up a Holding Company
16:11 Recap: The 5 Signs You Need a Holding Company
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