David Wu, CPA CMA

An accomplished Chartered Professional Accountant focusing on tax planning for real estate, non residents and people with disabilities.

[David Wu, CPA CMA @DavidWu_CMA]

https://t.co/OkP8uadgZK

[David Wu, CPA CMA @DavidWu_CMA]

*Will and Estate Planning Seminar*

When a business owner passes away, how can the business be safely transferred to the next generation?

We’re honored to have experienced lawyers and professional accountants presenting at this comprehensive seminar!

📅 Event Details:
📍 Location: 90 Allstate Parkway Suite 504, Markham
📞 Inquiries & Registration: 289.904.2937

🕐 Cantonese Session | May 21, 2026
(Thursday) 2:00-4:00 PM
Featured Speakers:
*James Shum*, CPA - Estate Tax Planning
*Katherine Lam* (Ontario & Hong Kong Lawyer) - _Will and Estate Law_
*David Wu*, CPA - _Wealth Transfer Strategies_

🕔 English Session | May 21, 2026
(Thursday) 5:30-7:30 PM
Featured Speakers:
*James Shum*, CPA - Estate Tax Planning
*Winnie Luk*, BA JD MBA - _Will and Estate Law_
*David Wu*, CPA - _Wealth Transfer Strategies_

🏥 Representatives from Markham Stouffville Hospital Foundation will share tax-efficient charitable giving strategies, showing you how to give back to our community through estate donations while maximizing tax benefits! Limited seats available
https://t.co/4jKPyCRuAd

[John Pasalis @JohnPasalis]

https://t.co/R1YZLYeqaH

[John Pasalis @JohnPasalis]

Rents are crashing in 🇨🇦

That’s what happens when population growth goes from 1.2M people/yr to zero!

[jamie golombek @JamieGolombek]

Here’s what advisors need to know about the latest changes, including reporting requirements https://t.co/LsAeHWHryW

[Daniel Foch @danielfoch]

Canada’s $50,000 GST Rebate for First-Time Buyers Just Cleared the Senate https://t.co/hw9O1yJhJo

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

🇨🇦: Toronto has kicked off its death spiral.

I thought its real estate market would see a 2-3 year lull. This is now a 20+ years fix if we start today—and we won’t.

Importing students for short-term labor amplified the issue.

[Dan Go @CoachDanGo]

There's a diet proven to cut visceral fat by 14% even if you don't lose a single pound on the scale.

It's not keto. It's not carnivore, and it's definitely not counting calories.

Let me break down the science and show you exactly what foods to eat:

https://t.co/NrbvFprIkx

[Shazi @ShaziGoalie]

🚨 CRA isn’t auditing randomly anymore. They’re pattern-matching.

If your numbers don’t line up with the data they already have, you’re flagged automatically.

In 2026, three groups are being hit hardest 👇

1️⃣ Real estate flippers
2021–2022 deals are still wide open. 365-day rule turns “capital gains” into business income. Miss it and you get the double hit: income tax + HST.

2️⃣ Incorporated “employees”
Truckers first.
IT + construction next.
If CRA calls you a PSB, your tax rate jumps to 44.5% and most deductions get wiped.

3️⃣ Crypto holders
Exchanges are reporting.
Staking = income the moment you receive it.
No cost base? CRA taxes 100% of the sale.

CRA ran 69,000 audits and recovered $15.3B last year. They already have the data. Most people won’t realize they’re exposed until the letter shows up.

[Aaron Hector, R.F.P., CFP, TEP @AaronHectorCFP]

Good information on RDSP accounts is hard to find.

Here are 5 articles by @JasonWattBCC. Read them sequentially and understand what they say and you will be more of an expert than 99% of Canadian CFPs.

The first two are on RDSP accumulation, and the last three are on decumulation.

Note: this is technical stuff.

1. https://t.co/1lpJi8w2IW

2. https://t.co/wgpJEP7of2

3. https://t.co/mefArhwFHl

4. https://t.co/7YAQlcKlve

5. https://t.co/BD3PA3Y3EV

[Daniel Foch @danielfoch]

BBC now covering Canada's condo collapse:

"'Somewhere to put worker bees': Why Canada's micro-condos are losing their appeal"

https://t.co/z8Mbdywxc4

[CP24 @CP24]

Here are the new Ontario laws coming into effect in 2026 https://t.co/OrmKhBVzF4

[jay plemons @jayplemons]

Oz Pearlman teaches you how to never forget the name of someone you just met.

I’ve been using these techniques for a couple months and they work brilliantly.

@OzTheMentalist

[jamie golombek @JamieGolombek]

10 things every taxpayer should do in January https://t.co/8HD9o1d6IJ

[Art of Life 🦋 @Art0fLife_]

She literally explained why some people never feel lazy and how to copy them (in 2 mins)

[Daniel Foch @danielfoch]

WOW... what a chart.

New ALL TIME RECORD for new rental apartment completions...

Canada went from building virtually NO rental for decades to almost ONLY rentals.

Almost exclusively from CMHC MLI Select.

Vacancies are going up, rents are going down.

[Canadian Tax Guy (Mohammed Al-khooly) @CanadaTaxGuy]

Salary vs dividends planning.

It’s one of the most common ways we save our clients a lot of tax.

And now we built a FREE calculator to compare salary vs dividends!

Try it out! The link is below is the thread!

Why?

Because a lot of the guidance online is not right.

[David Wu, CPA CMA @DavidWu_CMA]

@wealthy_barber

[David Chilton @wealthy_barber]

📷 The Wealthy Barber Holiday Book Giveaway 📷

The #1 gift this holiday season in Canada is the fully updated “The Wealthy Barber” book!

So, to help spread the holiday cheer, we’re giving away 10 signed copies of “The Wealthy Barber” and 50 copies of the audiobook.

There are two ways to enter the giveaway:

1) Tag your family and friends in the replies — each tag is one entry!

2) For 10 bonus entries, repost this post and tag @wealthy_barber.

Entries will be counted until Monday, December 15th and winners will be contacted via dms that day.

Happy holidays and good luck to all!

[David Chilton @wealthy_barber]

📷 The Wealthy Barber Holiday Book Giveaway 📷

The #1 gift this holiday season in Canada is the fully updated “The Wealthy Barber” book!

So, to help spread the holiday cheer, we’re giving away 10 signed copies of “The Wealthy Barber” and 50 copies of the audiobook.

There are two ways to enter the giveaway:

1) Tag your family and friends in the replies — each tag is one entry!

2) For 10 bonus entries, repost this post and tag @wealthy_barber.

Entries will be counted until Monday, December 15th and winners will be contacted via dms that day.

Happy holidays and good luck to all!

[jamie golombek @JamieGolombek]

CRA released the new tax numbers for 2026. Here’s what you need to know for next year https://t.co/SJ7J6Aj7bc