Practice

Partner Posts

Intuit QuickBooks launches new Payroll plans in Canada to streamline payroll and time tracking, all in one place

Canadian accountants and bookkeepers now have a new payroll solution, Intuit QuickBooks Payroll, for managing the payroll needs of your small business clients
Practice

Are hybrid sales of private businesses still a viable tax planning tool for business owners?

David J Rotfleisch explores whether the Foix decision by the FCA radically undermines the tax benefits of a hybrid sale when selling a private business
Practice

The GAAR reinforcements — What even is economic substance?

With the economic substance wording in the general anti-avoidance rule, Finance Canada has given a present to the tax judiciary, says Raymond G. Adlington
Profession

CPAB: Mystery Big Four accounting firm will not meet audit threshold this year

Audit regulator's mid-year inspections report suggests Canada’s largest accounting firms are showing little audit quality progress as a group
Practice

Tax planning is changing in 2024

MaryAnne Loney of McLennan Ross LLP looks at three areas of tax planning related to private corporations that will change in 2024
Practice

A Canadian tax lawyer's guide to the In-Trust-For (ITF) Account

Canadian tax accountant and lawyer David J. Rotfleisch discusses ITFs, including tax implications, issues and alternatives to these unregistered investment accounts
Practice

Canadian taxpayer involved in a bad will investment scheme granted additional relief on accrued interest

Relief requests beyond the statute of limitation may still be available, depending on the circumstances, explains tax accountant and lawyer David J Rotfleisch
Practice

Court orders delivery of tax planning memo prepared by accountants to CRA

Laurie Goldbach and Steve Suarez of BLG on disclosure of tax planning documents and the Tax Court's treatment of accountant-client privilege
Practice

Tax fraud and tax evasion in the same case: Analysis of Regina v Reynolds

A case before the BC Supreme Court included violations of the Income Tax Act and Excise Tax Act explains Canadian accountant and lawyer David J Rotfleisch
Practice

Deans Knight will have a serious impact on tax planning & tax disputes

The courts will increasingly gravitate toward the minority approach in the Deans Knight decision, assert the tax lawyers of Counter Tax Litigators
Practice

SR&ED Tax Credits upheld by Tax Court Of Canada in Canafric Inc. v. The King

Developing new recipes qualifies for Scientific Research and Experimental Development credits, explains David J Rotfleisch, when you make frozen pies
Profession

PCAOB finds faults in more than half of PwC Canada, BC accounting firms' audits

US audit watchdog releases inspection reports with multiple deficiencies for PwC Canada, De Visser Gray LLP, and Harbourside CPA LLP