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

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

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

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

Small and medium-sized businesses will benefit from three federal initiatives says Federal Indigenous Services Minister Patty Hadju in Thunder Bay, Ontario

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

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

Doane Grant Thornton brand celebrates Canadian roots as national accounting firm shifts from public company audits to assurance, tax and advisory services

Free trade deals with regular renegotiation requirements such as CUSMA put smaller economies under pressure to lose leverage and surrender policy autonomy

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

David J Rotfleisch explains how Department of Finance changes to legislation, which are expected to be retroactive to June 25, 2024 will affect stock options

When a taxpayer relies on other means to sustain their lifestyle, poker-playing activities fail to comprise a source of income, explains David J Rotfleisch

While Deloitte Canada continued its recent record of success, Kreston GTA respectfully disagrees with significant deficiencies cited by the US audit watchdog

The Canada Revenue Agency has invited more than 1.5 million lower- or fixed-income Canadians with simple tax situations to use the SimpleFile pilot program.

Lori Bokenfohr and Christopher Steeves of Fasken deconstruct a recent US Tax Court example of considerable multilateral cooperation between the IRS and CRA

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

In the final part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at tax situations in which U.S. residents with IRA and Roth IRA funds relocate to Canada

In the second part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at Canadian residents with RRSP and TFSA funds who expatriate to the United States

As David J Rotfleisch explains, the most recent federal budget included plans to hold tax professionals accountable as well as notices of non-compliance

In the first part of a three-part series on cross-border tax issues, Professor George Gonzalez presents an overview of individual employee retirement plans in Canada and the United States

Lorne Saltman of Gardiner Roberts LLP on a recent Tax Court dispute as to whether declared dividends and promissory notes constituted a transfer of property

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

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

What happens when business owners dip into their corporation's pockets to pay for personal expenses? Potentially dire consequences, says David J Rotfleisch

Critics say taxpayers will pay the full cost of a dubious Strathcona Resources carbon capture and sequestration project funded by the Canada Growth Fund