National

Practice

KPMG Canada falls short in audit inspection report from US audit watchdog

PCAOB finds deficiencies in its inspections of four Canadian accounting firms, including nearly half of the audits it reviewed from Big Four accounting firm KPMG
Profession

Sunday News Roundup 23.02.05: KPMG success, property taxes and more Canadian accounting news

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

The reasonability requirement for administrative suspension of EFILE rights

Canadian tax lawyer and accountant David J Rotfleisch on Virgen v Canada (Attorney General), a Federal Court decision in favour of an Ontario tax preparer
Profession

Sunday News Roundup 23.01.29: Consultants criticized, Deloitte deal, and more Canadian accounting news

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

How large corporations make huge profits from hidden markups at the expense of consumers

Compound markups are inflating the costs of products at every point in the Canadian supply chain due to monopolistic practices says economics professor
Profession

Sunday News Roundup 23.01.22: Man bites dog — Conrad Black and CPAB, livid CRA workers, and more Canadian accounting news

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

Rectification saves taxpayers from adverse tax consequences arising from drafting error

A KPMG tax planning document saved Sleep Country from the consequences of a numerical error, explains Canadian accountant and tax lawyer David J Rotfleisch
Profession

Sunday News Roundup 23.01.15: CRA tax strike, time theft, sales tax fraud, and more Canadian accounting news

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

Sunday News Roundup 23.01.08: Highest-paid CEOs, Ontario pandemic business grants, and more Canadian accounting news

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

Another historical development in claiming negligence against the CRA

Canadian accountant and tax lawyer David J Rotfleisch on the Myers ruling
Practice

Singh v. Canada: A Canadian tax lawyer's observations on TFSA penalties

As taxpayers, we are ultimately responsible for meeting our obligations under tax law, as explained by Canadian accountant and tax lawyer David J Rotfleisch
Practice

More bite than bark: Proposed changes to tax laws look to empower the CRA

Michelle Fong and MaryAnne Loney of McLennan Ross provide an update to legislative changes empowering the Canada Revenue Agency
Practice

Tax Court orders CRA to release GAAR committee reports about similarly situated taxpayers

Canadian accountant and tax lawyer David J Rotfleisch explains why the Committee's legal analysis fell within within the scope of discovery
Thought Leaders

How Canada’s new credit card surcharge will affect consumers and businesses

Surcharges or cash discounts could be the solution to hidden interchange fees
Practice

The Ontario Ministry Of Finance's Voluntary Disclosures Program – A Canadian tax lawyer's summary

David J. Rotfleisch explores the differences between the federal and Ontario VDPs
Practice

Preston Family Trust II v The Queen: Assumptions of facts in replies to a notice of appeal

Just the facts, ma'am: David J. Rotfleisch explains why the Tax Court of Canada would strike out the CRA's legal assumptions in a notice of appeal
Profession

Sunday News Roundup 22.11.06: SCC Deans Knight, IFRS greedflation, and more Canadian accounting news

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

The state of Canadian small businesses and why that matters for accountants

The latest data from Xero Small Business Insights shows Canadian small business sales growth is slowing but is still higher than the 2021 average
Profession

Three out of four ain’t bad: CPAB 2022 interim audit inspections report

Canadian audit regulator reveals progress ongoing at Big Four problem child
Profession

Sunday News Roundup 22.10.23: Fines, settlements, jail and more Canadian accounting news

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

Sunday News Roundup 22.10.16: Tax Court, CRA frustrations, and more Canadian accounting news

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

Sunday News Roundup 22.09.25: OSC looks at audit ethics, CRA wants benefits back, Poilievre’s math, and more Canadian accounting

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

New proposed mandatory tax planning reporting obligations under the Canadian Income Tax Act

Amendments to the new rules were made in August 2022 and are likely to become law says Canadian accountant and tax lawyer David J Rotfleisch
Practice

Barrs v The Queen: Taxpayer relief under S.220(3.1)

Canadian accountant and tax lawyer David J Rotfleisch on a Federal Court of Appeal case involving a CRA's review officer's failure to engage with a request for equitable treatment
Profession

Sunday News Roundup 22.09.18: More EY, UCP race, and more Canadian accounting news 

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