Practice
Practice
A Canadian tax lawyer explains why the ATIP process is critical to preparing for tax disputes with CRA
An Access to Information or Personal Information (ATIP) request can be a double-edged sword despite its importance to resolving tax matters
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Practice
Tax complexities in dealing with the death of a spouse: ODSP and child benefits
Canadian tax lawyer and accountant David J Rotfleisch looks at the concept of ghost income in a win for the taxpayer in O'Brien v. The King
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Practice
Canada Revenue Agency claws back $458 million in CEWs wage subsidies from COVID-19 pandemic following audits
The CRA found cases of aggressive non-compliance among claimants using third parties for application preparation, explains Canadian tax lawyer David J Rotfleisch
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Practice
Canadian taxpayers must respond to CRA about assessments, reassessments, confirmations by the deadline
In Oliveira v. The King, the Tax Court was primarily concerned with the timeliness of the application, explains Canadian tax accountant and lawyer David J Rotfleisch
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Practice
Expansion of the mandatory disclosure rules in the context of ordinary commercial and routine tax planning transactions
Greg Farano of Gardiner Roberts LLP on the new MDRs, broad enough at first to apply to ordinary commercial and routine tax planning transactions
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Profession
Canadian accounting firm Manning Elliott sanctioned by US audit watchdog for not disclosing CPAB censure
BC auditor was barred earlier this year by the Canadian Public Accountability Board from accepting new high- and medium-risk reporting issuer clients
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Practice
Taxpayers must articulate reasons for not responding to questions in motions in Tax Court
Quigley v The King outlines the appropriate questions and responses during the discovery stage, explains tax lawyer and accountant David J Rotfleisch
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- VIEWS 160
Profession
Layoffs at Big Four accounting firm PwC Canada face media scrutiny over severance
Confirmation this week of layoffs at Big Four Canadian accounting firm PricewaterhouseCoopers followed PwC staff reductions in the UK and Australia
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Profession
November News Roundup, 23-11: Australian lessons, CEWS clawbacks and more Canadian accounting news
Wrapping up the odds and ends from the past month in Canadian accounting news
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Practice
Navigating CSQM 1: Monitoring and Remediation Process, Strengthening Performance
In part two of a two-part series, Kirsten S. Albo of ASK KSA Consulting explores the benefit of the CSQM 1 monitoring and remediation process
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Practice
Navigating CSQM 1: Risk Assessment Process, Beyond Manuals
In part one of a two-part series, Kirsten S. Albo of ASK KSA Consulting explores the value of the CSQM 1 risk assessment process for Canadian accounting firms
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- VIEWS 160
Practice
Tax obligations for foreign home buyers In Canada: Bakhtiari v British Columbia
Can a refugee avoid paying the foreign buyer’s tax on human rights grounds under the Canadian Constitution? David J Rotfleisch comments on the Bakhtiari case
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- VIEWS 160
Career
Seven reasons why you should attend Accountex Canada 2023 this week
There’s still time to attend one of the premier accounting conferences of the year, taking place this Wednesday and Thursday at the Metro Toronto Convention Centre
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- VIEWS 160
Profession
Fifth BC accounting firm censured by audit regulator CPAB thus far in 2023
WDM Chartered Professional Accountants censured by the Canadian Public Accountability Board, which has released seven enforcement actions this year
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Profession
Multiple deficiencies cited by US audit watchdog in two Canadian firms' inspection reports
The Public Company Accountability Board has released inspection reports for two accounting firms, Crowe MacKay LLP and SRCO Professional Corporation
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- VIEWS 160
Practice
CPA Ontario scores two rare regulatory wins against large accounting firms
Million-dollar settlements with Deloitte Canada and Marcum LLP over professional conduct breaches make headlines during uneasy times
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- VIEWS 160
Practice
Canadian taxpayers, beware: The CRA gets away with defective pleadings during tax litigation
In Canada v. Preston, the Federal Court of Appeal sided with the Canada Revenue Agency and overturned the Tax Court's decision, over the issue of assumptions
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Profession
Vancouver accounting firm Smythe LLP censured again by audit watchdogs
Months after Canadian regulator censured Smythe over audit quality, US audit watchdog censures Smythe for using unregistered overseas firms
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Partner Posts
Intuit QuickBooks launches new Payroll plans in Canada to streamline payroll and time tracking, all in one place
Canadian accountants and bookkeepers now have a new payroll solution, Intuit QuickBooks Payroll, for managing the payroll needs of your small business clients
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Practice
Are hybrid sales of private businesses still a viable tax planning tool for business owners?
David J Rotfleisch explores whether the Foix decision by the FCA radically undermines the tax benefits of a hybrid sale when selling a private business
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Practice
The GAAR reinforcements — What even is economic substance?
With the economic substance wording in the general anti-avoidance rule, Finance Canada has given a present to the tax judiciary, says Raymond G. Adlington
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Profession
CPAB: Mystery Big Four accounting firm will not meet audit threshold this year
Audit regulator's mid-year inspections report suggests Canada’s largest accounting firms are showing little audit quality progress as a group
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Practice
Tax planning is changing in 2024
MaryAnne Loney of McLennan Ross LLP looks at three areas of tax planning related to private corporations that will change in 2024
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Practice
A Canadian tax lawyer's guide to the In-Trust-For (ITF) Account
Canadian tax accountant and lawyer David J. Rotfleisch discusses ITFs, including tax implications, issues and alternatives to these unregistered investment accounts
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Practice
Canadian taxpayer involved in a bad will investment scheme granted additional relief on accrued interest
Relief requests beyond the statute of limitation may still be available, depending on the circumstances, explains tax accountant and lawyer David J Rotfleisch
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