Practice

Practice

Dealing with Canada – Challenges and opportunities for global wealth and tax planners

Rahul Sharma and Jennifer A. N. Corak of Miller Thomson LLP present three common scenarios of non-Canadian or foreign trusts where Canada's Income Tax Act rules intersect with the international wealth planning of taxpayers
Practice

Maple Leafs GM vs CRA tax court ruling

Just in time for the playoffs, Dave Nonis scores a win in the Tax Court of Canada, six years after his dismissal as General Manager of the Toronto Maple Leafs
Practice

Post-Mortem Planning For Private Companies — Reconsidering Options For Triggering Capital Gains — Part II

Tax Planning For The Non-Specialist Advisor: In part two of a two-part series, Michael Goldberg looks at an alternative post-mortem PC Liquidation strategy he calls Spousal Rollover Liquidation Planning
Partner Posts

How accountants are ushering Canada’s SMBs onto the path to recovery

Three ways to get your clients on the road to Canada’s post-pandemic rebound
Profession

Canadian tax professionals: A Canadian tax lawyer's guide

Canadian tax lawyer and accountant David J Rotfleisch breaks down the classifications and the kind of work done by Canadian tax professionals
Practice

Post-Mortem Planning For Private Companies — Reconsidering The Options For Triggering Capital Gains — Part I

Tax Planning For The Non-Specialist Advisor: Part one of a two-part series from Michael Goldberg of Minden Gross LLP on an alternative strategy for post-mortem PC liquidation
Profession

Audit inconsistency remains a concern says Canada’s audit quality watchdog

Pandemic year delayed some inspections as CPAB worked remotely
Partner Posts

Getting your SMB clients to embrace accounting technology

Faye Pang, Canada Country manager at Xero, on three ways to convince your small business clients of the merits of cloud-based accounting
Practice

Tax D-Day: As April 30 comes to a close, no extension for accountants despite 75k petition, CRA service disruptions

A tax season like no other is finally coming to a close. CPAs won’t soon forget it
Technology

Accounting platform Dext continues growth with major European equity deal

Formerly Receipt Bank, Dext recently passed 1 million users globally
Partner Posts

Three ways accountants can leverage cloud-based software

Because the cloud knows no boundaries, it opens up endless possibilities
Profession

Canadian accountants petition CRA for tax deadline extension

More than 50,000 taxpayers are signing petition available on Change.org
Profession

Regional accounting firms gained new publicly traded audit clients in 2020

2020 SEDAR filing data of Canadian accounting firms crunched by Audit Analytics
Profession

Big Four accounting firms fell short of net new client gains in 2020

But PwC Canada emerged a clear winner in SEDAR filing data crunched by Audit Analytics, in our annual review of audit client gains and departures
Practice

Tax Court: No penalty for tax return filed without person's knowledge

The CRA did not rightfully impose a gross-negligence penalty in Bowker v. The Queen, explains tax accountant and lawyer David J Rotfleisch
Profession

Seven Canadians in Practice Ignition 2020 Top 50 Women in Accounting

Recognizing female accounting and bookkeeping professionals globally
Business

How Canadian accountants can help small business recover post-pandemic

SMB surveys from Dext and Wagepoint reveal opportunities for accountants
Practice

CRA's views on charitable remainder trusts

CRTs can be a useful charitable giving tool say M. Elena Hoffstein and Brittany Sud of Miller Thomson LLP
Profession

A Taxonomy Of Tax Professionals

With a close look at US tax professionals from Jason Galek of Moodys Tax Law
Practice

A pending VDP application won't stop a CRA tax reassessment

Notably, says Canadian tax accountant and lawyer David Rotfleisch, a voluntary-disclosure application must indeed be voluntary
Profession

What can Canadian accountants expect from François Boileau, the new Taxpayers' Ombudsperson?

In a wide-ranging interview, Boileau discusses the OTO mandate and CRA service
Practice

7 service problems accountants say the CRA could fix for tax preparers

Canadian accountants offer practical advice for "a tax season like no other"
Partner Posts

7 things I did to fix my accounting workflow problem and automate engagements

Jennie Moore of Practice Ignition on changing your mindset to scale your firm
Practice

CRA Remission Guide: Canadian tax lawyer's overview

David Rotfleisch looks at the last resort of taxpayers for relief from tax debt and enforced penalties, including interest, in light of the COVID-19 pandemic
Partner Posts

Moving your practice to year-round recurring revenue

Three strategies for turning the dream into a reality from Josh Lance, CPA