Profession

Profession

KPMG Canada leads all Canadian accounting firms in 2021 H1 audit client net gains

SEDAR filing data of Canadian accounting firms crunched by Audit Analytics
Practice

Electing out of spousal rollover on death

Toronto Tax Lawyer and Accountant David J Rotfleisch explains when, with proper estate planning, it is possible to achieve a substantially better tax outcome
Practice

When will the Tax Court of Canada resume in-person sittings?

Some notable decisions recently announced from videoconference hearings
Profession

Friday News Roundup 21.09.03: Big Four jabs, CRA secrets, minimum taxes, wealth taxes and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

Tax Clearance Certificates: Canadian Tax Lawyer Guidance

Tax clearance certificates can be beneficial but may also trigger scrutiny from the Canada Revenue Agency. Canadian tax lawyer and accountant David J Rotfleisch explains
Profession

Friday News Roundup 21.08.27: Election promises, auditor shopping, online business registry and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

Voluntary Disclosure Applications: Canadian Tax Lawyer's Guide

Canadian tax lawyer and accountant David Rotfleisch looks at a recent Federal Court ruling on voluntary disclosure (4053893 Canada Inc.)
Thought Leaders

Want to fix financial literacy? Focus on billionaires squandering their wealth, not school curriculum

A contrarian look at financial literacy education and its focus on individual responsibility
Business

Friday News Roundup 21.08.13: CRA errors, Xero, Freshbooks, record low insolvencies and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

The general anti-avoidance rule and family surplus strips

Allan Lanthier on why the Deans Knight court decision should cause HNW individuals to pause before engaging in aggressive surplus stripping through intergenerational wealth transfers
Thought Leaders

Is the principal residence an endangered species?

The federal government is desperate for money, says Vern Krishna. Tax increases will follow a Liberal majority government
Profession

The future of auditing: why plans to sharpen up the industry could actually make it worse

Unintended consequences of UK audit reforms will hurt smaller companies and non-profits
Profession

Friday News Roundup 21.08.06: Mandatory jabs, CPAB, Allan Inquiry, Muslim charities and more

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

Tax Court won't uphold gross-negligence penalties: Taxpayer not aware of accountant errors

Canadian tax lawyer and accountant David Rotfleisch explains the case of Frank-Fort Construction in the Tax Court of Canada
Profession

Friday News Roundup 21.07.30: Supreme Court on Atcon, ISSB pitch, MNP embrace and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
Thought Leaders

When companies massage the books, the environment takes a hit

It’s time the accounting profession take earnings management more seriously, says financial accounting professors at Queen’s University in Kingston.
Profession

Friday News Roundup 21.07.23: A tax haven in Ottawa, CPAB & CM2.0 consultations, tax complaints and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
Partner Posts

Three ways to grow and perfect your accounting practice

From streamlining the client onboarding process to developing a niche practice, there will be many ways to serve your accounting clients more efficiently as Canada moves to a post-pandemic economy
Practice

Alberta Court rejects CRA's duty of care to taxpayers

David Rotfleisch explains the Signal Hill Manufacturing case and duty of care
Profession

Friday News Roundup 21.07.09: Bill C-208 fallout, tax canyons, tennis tax avoidance and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
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
Profession

Friday News Roundup 21.07.02: Bill C-208, DST opinions, CHRP calculator and more 

Wrapping up the odds and ends in this week’s Canadian accounting news
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
Business

Taxing the Internet: An overview of Canada's approach to taxing the digital economy

Braek Urquhart and Elizabeth Egberts of BLG on the current patchwork of provincial and federal digital services tax rules