If you're an individual filer, the 2026 filing season is for your 2025 tax year return. The Canadian deadline is April 30, and self-employed filers have until June 15 (though any balance owing is still due April 30). For US filers, the deadline is April 15. This year I'm paying special attention to the final year of TCJA rates on the US side and the full impact of Canada's higher capital gains inclusion rate on 2025 investment income. If you file in both countries — or in Quebec — reach out early so we have time to coordinate.
I keep a close eye on developments like these so my clients don't have to. Tax law changes can significantly affect your filing strategy, and I believe the earlier you understand them, the better positioned you are to plan effectively.
Whether you file in Canada, the United States, or both, staying current on these changes is essential. In my cross-border practice, I've seen firsthand how policy shifts in one country can create unexpected obligations — or opportunities — in the other.
If you have questions about how this affects your specific situation, please don't hesitate to reach out. I'm here to help you navigate these changes and make the best decisions for your financial future.