Section 1247, subsections 220(2.1) and 220(3), of the Income Tax Act can grant relief from tax reassessment and filing requirements, says David J Rotfleisch

Doane Grant Thornton, which recently rebranded, held a Vibrant Communities civic improvement event at Fort William Historical Park for Thunder Bay business

Canadian accountant and tax lawyer David J Rotfleisch explains how accounting standards like GAAP and IFRS pertain to business and personal income taxation

When the Supreme Court of Canada denied Glencore’s leave to appeal, it ended a 30-year tax dispute, and characterized complex M&A fees as business income

Accounting research shows that the Big Four, when engaged as compensation consultants, appear to uphold more rigorous standards than smaller counterparts

David Emmerman of Xero explains how Canadian accountants and bookkeepers can empower small business owners with the financial resources they need

Wrapping up the odds and ends from the past week in Canadian accounting news

The Supreme Court of Canada recently denied leave to a taxpayer’s unusual appeal of a Tax Court decision, explains Canadian tax lawyer David J Rotfleisch

In today’s fast-paced business world, why is money still moving at a snail’s pace? Every Canadian accountant knows the frustration of delayed transactions

In Milgram Foundation, the Federal Court recognized the finality of the CRA's acceptance of a voluntary disclosure application, explains David J Rotfleisch

Public Company Accounting Oversight Board in the United States releases audit inspection results for Vancouver-based Dale Matheson Carr Hilton LaBonte LLP

A recent Tax Court case is a reminder that taxpayers and accountants must carefully consider the nature of communications, says Molly Luu of Miller Thomson