These succession planning strategies can be cost-effective and save large amounts of tax that would otherwise be payable upon admitting the will to probate

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

Capping the stock option tax deducation is a a decisive shift away from stock options as a means of compensation but the overall salary gap remains high

The CRA can reassess a taxpayer beyond the normal reassessment period if tax return misrepresentations are due to carelessness, neglect or willful default

A recent Tax Court of Canada judgment shows why litigants should be aware of all potential court costs asserts tax lawyer and accountant David J Rotfleisch

From the benefits of a Trump presidency to CRA tax changes, here are the five articles and some honourable mentions that were read the most by accountants

Homegrown national accounting firm MNP expands its presence in four provinces as a continuation of its ‘national in scope, local in focus’ growth strategy

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

A progressive tax that punished the wealthy for their outsized emissions would be more palatable than a flat steering tax that hurts low-income Canadians

Canadian tax lawyer and accountant David J Rotflesich looks at case law involving requests to the Canada Revenue Agency for disclosure of relevant records

When a taxpayer ceases to be a GST/HST registrant, they can face a significant tax liability, as in the case of Loupy’s Restaurant before the Tax Court of Canada

There are measurable costs to carbon pricing but they pale in comparison to global factors; for many Canadians, the tax rebate is far larger than the costs