Ep. 38 | Notional Accounts: The Hidden Tax Rule Every Incorporated Investor Should Know

Notional accounts may sound like accountant-speak, but they’re critical if you're investing through a corporation. In this episode, Tré Bynoe CFP CIM breaks down what these invisible accounts are, how they work, and why ignoring them could quietly cost you thousands in tax.

If you don’t know the difference between a CDA and an RDTOH—or worse, you’re holding GICs inside your corporation—this episode is required listening.

You’ll learn:

• What a notional account is (and why it isn’t a real account)
• The difference between CDA, eligible, and non-eligible refund tax accounts
• Why interest income in corporations is heavily penalized
• How dividend payouts trigger tax refunds
• What happens if you don’t manage these accounts proactively
• Why clearing your RDTOH balance matters more than you think

This is essential for business owners investing through a corporation.

Follow, rate, and share the podcast if this saved you a tax headache.

Website | Youtube | Linkedin