Profession
Thought Leaders
Stock traders beware of tax traps: The taxman cometh
For speculators in GameStop, the taxman awaits around the corner, says Vern Krishna, FCGA, FCPA, CM, QC of TaxChambers LLP
Practice
Deducting life insurance costs: Why opportunity may be overlooked
In part two of a two-part series, why paragraph 20(1)(e.2) of the Income Tax Act may be missed, from Dale Barrett and Simon Townsend of Barrett Tax Law
Practice
Deducting life insurance costs: Paragraph 20(1)(e.2) of Income Tax Act explained
In part one of a two-part series, Dale Barrett and Simon Townsend of Barrett Tax Law on the cost of life insurance as a deductible expense
Practice
February 2021 Tax Court update on getting back to business — top ten takeaways
Stevan Novoselac and John Sorensen of Gowling WLG review the February 9 update from the Tax Court of Canada
Profession
Friday News Roundup 21.02.12: MNP Deloitte deal, Big Four bulking up, accounting games and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
Tax preparers and professionals: Here’s what you need to know for the 2021 tax-filing season
Canada Revenue Agency on planning ahead, what’s new for upcoming tax season
Profiles
Obituary: Everett Colby, charismatic Ottawa-area accountant, dies at 57
Accounting career allowed former Chair of CGA Ontario and principal of Colby McGeachy Professional Corporation to indulge his passions
Practice
Canadian tax laws: A review of 2020 and a look ahead to 2021
A comprehensive review of Canadian tax developments in 2020 and outlook for 2021 from experts at Davies Ward Phillips & Vineberg LLP in Montreal and Toronto
Business
Liberals do 180 on gross blunder over CERB eligibility of self-employed
Qualtrough, Lebouthillierand Trudeau also announce one-year grace period for pandemic relief tax debt
Profession
Friday News Roundup 21.02.05: ESG nonsense, CERB class action, Big Six synthetics and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
Canadian criminal tax evasion sentencing
A Brampton business owner was one of the few taxpayers to be sentenced in 2020
Thought Leaders
What is sustainability accounting? What does ESG mean? We have answers
Sprott Professor Leanne Keddie, CPA, CMA, provides an ESG primer
Practice
TFSA penalty relief: A Canadian tax lawyer's guidance
The CRA acted unreasonably in a recent TFSA overcontribution case
Profession
Friday News Roundup 21.01.29: Pressure mounts over CERB slip, Cannabis CEWS, COVID fraud and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Business
Corporation tax: ‘race to bottom’ may be ending after 40 years — here’s why it never made sense
The Canadian corporate tax rate follows decades-long global pattern of reduction
Practice
CRA moves forward with international audits despite continued backlog
Despite the current pandemic, Canada continues to combat international tax evasion, reports Elizabeth Egberts and Laurie Goldbach of BLG
Partner Posts
It’s time to set the bar higher for year-end and tax
Public Accountant Helina Patience on setting your practice up for success
Thought Leaders
A brief history on the unpleasant subject of taxes
The story of income tax is rooted in war, explains Vern Krishna, FCGA, FCPA, CM, QC of TaxChambers LLP in Toronto
Thought Leaders
Financial professions must pivot to stave off technological extinction
Turning CPAs into data scientists may not be realistic, says Erica Pimentel, CPA, CA
Profession
Friday News Roundup 21.01.22: Warrior Accountants, depressed Canadians, female entrepreneurs and more
Wrapping up the odds and ends in this week’s Canadian accounting news
Practice
Are you ready for your CEWS audit?
Anu Nijhawan, Martin Sorensen, and Hennadiy Kutsenko of Bennett Jones LLP on preparing for a CRA CEWS audit
Business
Annual reports should inform society — not only those with a financial interest
Climate accounting standards an example of societal impact, explains Financial Accounting Professor Alan Jagolinzer
Profession
From Lysyk to Ford: An accountant’s constructive criticism on COVID-19
The Auditor General’s report gave Ford both positive and negative feedback
Practice
Tax search warrants per Income Tax Act
In certain circumstances, solicitor-client privilege may be available for accountant-client correspondence
Profession
Why Bonnie Lysyk was right to criticize Doug Ford
The Auditor General of Ontario has a broad mandate to exercise judgment. That includes reporting on the province's pandemic response