Practice

Practice

Changes to the Canadian principal residence exemption – part two

Kim G C Moody provides an update to the principal residence exemption conversation
Practice

Changes coming to the Canadian principal residence exemption?

The time for change might be ripe says Kim G C Moody of Moodys Tax Law LLP
Profession

Third party penalties under the Income Tax Act

Why the landmark 2015 Guindon decision by the Supreme Court of Canada matters to Canadian accountants
Profession

What does IES 8 mean for smaller Canadian accounting firms?

Bridget Noonan, CPA, CA on how to ensure compliance with International Education Standard 8
Practice

Reconsidering Consideration – TCC concludes funding attracts HST in CanLII v The Queen

Bobby Solhi and Braek Urquhart of BLG on the CanLII sales tax implications for non-profit organizations
Practice

Director's liability and the Income Tax Act statutory limitation

Tax lawyer and accountant David Rotfleisch looks at Soulliere v The Queen
Practice

Planning to Maximize the Capital Dividend Account — Part III

The third and final part of a three-part series, "Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses," by Michael Goldberg of Minden Gross LLP
Practice

Are tax free savings account swap transactions legitimate?

In Louie v Canada, a Canada Revenue Agency cross-appeal was allowed
Practice

R. v. Scholz — A Canadian tax lawyer analysis of document forging and tax fraud

David Rotfleisch provides analysis of falsely claiming GST/HST rebates
Practice

How to help clients avoid grant penalties in SR&ED claims

When a client wins grant funding, it can have a dramatic impact on their claim
Profession

Is the CRA's Northern Service Improvement Strategy enough?

Taxpayers ombudsperson says improvements still need to be made, reports Jeff Buckstein in the third of a three-part series on CRA service to northern Canada
Practice

Shifting to virtual: 3 tips to foster and promote team collaboration

With the rise in virtual teams comes the necessity to find innovative and effective ways to encourage collaboration, says Sofia Arisheh
Profession

Is the CRA unfairly targeting residents of northern Canada?

Northern Canadian communities express frustration with frequent CRA reviews, service delivery, and residence rules
Profession

Taxpayer’s ombudsman report flags CRA service issues in Northern Canada

The CRA disputes allegations of Northern Canada service issues, in the first of a three-part series by business reporter Jeff Buckstein
Practice

Indirect tax opportunities in a precarious economic context

An overview of GST/HST and PST relief and opportunities under the current pandemic, from the Tax Group of the Montreal office of McCarthy Tétrault LLP
Practice

Why Canadian accountants need a CEWS client engagement letter now more than ever

Accounting practitioners are under pressure during the current pandemic to meet their clients' needs. Clearline Consulting has COVID-19 practice-related resources to mitigate risk
Practice

Planning to Maximize the Capital Dividend Account — Part II

Part two of a three-part series, "Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses," by Michael Goldberg of Minden Gross LLP
Practice

Planning to Maximize the Capital Dividend Account — Part I

Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses, is part one of a three-part series by Michael Goldberg of Minden Gross LLP
Practice

The CRA's national policy for saying sorry to taxpayers

There are clear issues with a CRA formal apology policy, says Canadian tax lawyer and accountant David J. Rotfleisch
Practice

That's a relief! CRA extends payment due dates again during COVID-19

Canada Revenue Agency announces further extension to payment due date for individual, corporate, and trust income tax returns
Practice

When does a CRA tax audit become a criminal tax investigation?

Canadian tax lawyer and accountant David J. Rotfleisch looks at the "Jarvis Standard" and the case of Softcom Solutions
Practice

The CRA's pursuit of real estate data goes south of the border

Lost tax revenue in the real estate sector has been a key issue for the CRA, say David Piccolo and Jessica Bishara of TaxChambers LLP in Toronto.
Practice

Should a Canadian taxpayer seek judicial review?

The Canada Revenue Agency must provide reasons to taxpayers for their decisions, says the Federal Court of Canada
Profession

Audit keeps failing — here’s why a fundamental change is needed

Recent failures of the auditing profession and Big Four accounting firms proves auditors should be responsible for detecting fraud in financial statements
Practice

Shifting to virtual: 4 tips for transitioning in-person training to virtual learning

Reimagining the way accounting firms deliver training to accountants and staff can result in a powerful remote learner, says Sofia Arisheh