Profession
Municipal
What will cost more in 2025
Numerous factors including inflation, limited housing, a weaker dollar, and global political tensions, continue to play a significant role in affordability
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Practice
Six strategies to minimize probate fees in your estate plan
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
- COMMENTS 13
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- VIEWS 160
Profession
PCAOB finds deficiencies two of three BDO Canada audits, including one non-principal engagement
The US audit watchdog inspection report details audits with unsupported opinions by BDO Canada and firm-identified instances of independence non-compliance
- COMMENTS 13
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- VIEWS 160
Municipal
GST holiday brings mixed feelings, hurdles for local businesses
Small business owners in towns like Vankleek Hill, Ontario are critical of the federal sales tax holiday, questioning its value and criticizing its rollout
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- VIEWS 160
Business
Sunday News Roundup 25.01.12: Bench accounting lessons, CPAB rule changes and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Profession
Public accounting regulator expands oversight powers
Bradley E. Berg and Sahil Kesar of Blakes review the first amendments to the regulatory rules of the Canadian Public Accountability Board in almost 20 years
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- VIEWS 160
Business
Canada's top CEOs make 210 times more than the average worker
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
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- VIEWS 160
Practice
Taxpayer's failure to review tax return contributed to negligence, Tax Court Of Canada finds
The CRA can reassess a taxpayer beyond the normal reassessment period if tax return misrepresentations are due to carelessness, neglect or willful default
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- VIEWS 160
Practice
Case Commentary: Watts v the King, 2024 TCC 100 – Enhanced costs of litigation
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
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- VIEWS 160
Profession
Canadian Accountant’s most popular accounting stories of 2024
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
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- LIKES 149
- VIEWS 160
Profession
MNP LLP closes year strong with major acquisition of 21 BDO Canada accounting firms
Homegrown national accounting firm MNP expands its presence in four provinces as a continuation of its ‘national in scope, local in focus’ growth strategy
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- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 24.12.22: CPA split, first sustainability standards, political chaos and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
- COMMENTS 13
- LIKES 149
- VIEWS 160
Thought Leaders
The carbon tax needs fixing, not axing — Canada needs a progressive carbon tax
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
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- LIKES 149
- VIEWS 160
Partner Posts
2025: The year AI becomes the accountant’s ultimate partner
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
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- LIKES 149
- VIEWS 160
Practice
Court allows Canada-US tax treaty credit against investment tax
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
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- VIEWS 160
Practice
What are a taxpayer's rights during an access to information and privacy (ATIP) request for their own tax records?
Canadian tax lawyer and accountant David J Rotflesich looks at case law involving requests to the Canada Revenue Agency for disclosure of relevant records
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- VIEWS 160
Practice
Loupy's: Deemed self-assessment after GST/HST number cancellation
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
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- VIEWS 160
Profession
CPAB censures Davidson & Company LLP for ‘numerous’ violations of independence rules
Vancouver-based accounting firm censured by Canadian Public Accountability Board based on information disclosed during inspection by US audit watchdog
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- VIEWS 160
Business
Carbon pricing has only a 'tiny' impact on inflation: economists
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
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- LIKES 149
- VIEWS 160
Business
Sunday News Roundup 24.12.08: Ford rebates policing costs, defanging the audit watchdogs, and more Canadian accounting news
Wrapping up the odds and ends from the past week in Canadian accounting news
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- LIKES 149
- VIEWS 160
Business
Timiskaming: Province provides assistance to offset 2025 policing costs
Ontario makes material change to fund OPP costs in 2025 but municipalities wonder what will happen in 2026 and beyond to offset potential property tax hikes
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Business
OPP bills jumping in 2025: FONOM joining municipalities for province to take back OPP costing
Danny Whalen, president of the Federation of Northern Ontario Municipalities, says the Ontario government must take back responsibility for OPP costing
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Business
Saskatchewan: CRA changes to note
A review of recent CRA changes of note affecting Saskatchewan residents, including farmers, such as electronic filing, correspondence and automatic filing
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- VIEWS 160
Business
Rural politicians relieved over $77M funding to cover spiking police costs
Queen's Park is doling out $77-million to help ease sticker shock in municipalities provincewide from Ontario Provincial Police increased contract costs
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- LIKES 149
- VIEWS 160
Business
New N.B. finance minister blames Tories as deficit grows to $92M
Prior to the provincial election, the conservatives had promised a milti-million dollar surplus, but healthcare costs have driven the budget into deficit
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- VIEWS 160