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

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

2025 promises to be pivotal for accounting, says Ben Richmond of Xero, a moment when AI and mobile technology converge to redefine how accountants work

Allan Lanthier examines the recent Bruyea decision of the US Court of Federal Claims, which allowed a tax treaty credit against US tax on investment income

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

Vancouver-based accounting firm censured by Canadian Public Accountability Board based on information disclosed during inspection by US audit watchdog

Section 1247, subsections 220(2.1) and 220(3), of the Income Tax Act can grant relief from tax reassessment and filing requirements, says David J Rotfleisch

Doane Grant Thornton, which recently rebranded, held a Vibrant Communities civic improvement event at Fort William Historical Park for Thunder Bay business

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

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