Practice

Thought Leaders

Tax relief for family business transfers: A legislative fiasco – Part II

In part two of a two-part series, Allan Lanthier outlines the strategy for legislative repeal and predicts what lies ahead for Bill C-208
Thought Leaders

Tax relief for family business transfers: A legislative fiasco – Part I

Bill C-208 has handed tax avoiders a new surplus stripping scheme on a silver platter explains tax expert Allan Lanthier in a two-part series
Practice

New opportunities for intergenerational transfers of businesses after enactment of Canada’s Bill C-208

Any transfer of a family business must be structured correctly to avoid re-assessment by the CRA, says Canadian tax lawyer and accountant David Rotfleisch
Thought Leaders

Our response to the CRA's position on creditor-proofing reorganizations – part 1

Doug S. Ewens and Kenneth Keung of Moodys Tax Law LLP in a three-part series on creditor-proofing reorganizations
Practice

Budget 2021 – Tax enforcement, audits, and oral interviews

If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews
Practice

2021 updates for T1134: A Canadian tax lawyer's perspective

The T1134 has been updated to reflect legislation changes that allow the CRA to collect additional information and provide some reporting relief
Practice

Entrepreneurship report points to business opportunities for Canadian accountants

Nearly two million Canadians launched a business in the last 12 months
Partner Posts

How cloud-based software — and a human connection — can attract new SMB clients

Prospective new clients require your financial expertise, but they also need your understanding, explains Faye Pang, Canada Country Manager at Xero
Practice

Preparing for the new quality management standards: CSQM 1 system evaluation and monitoring

Part four of a four-part series from Kirsten S. Albo of ASK KSA Consulting Inc.
Practice

Preparing for the new quality management standards: CSQM 1 risk responses

In part three of a four-part series, Kirsten S. Albo of ASK KSA Consulting Inc. explores the design and implementation of risk responses
Partner Posts

4 ways Canadian accountants can grow their business and scale their impact

Technology will continue to be a key driver of growth for practitioners and their clients, says Graham Sharples of Intuit QuickBooks Canada
Practice

Preparing for the new quality management standards: CSQM 1 quality objectives and quality risks

In part two of a four-part series, Kirsten S. Albo of ASK KSA Consulting looks at CSQM 1 and its quality management process for all firms, regardless of size
Practice

Preparing for the new quality management standards: An overview for Canadian practitioners

Kirsten S. Albo of ASK KSA Consulting Inc. kicks off a four-part series on CSQM 1
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