Tax residence is key, says Canadian tax accountant and lawyer David J Rotfleisch, to claiming medical expense deductions for dependents under the Income Tax Act

The federal government's new capital gains rules have left taxpayers in a pickle says Allan Lanthier. But here's a planning alternative with a deadline of June 24

Under a new funding formula, Alberta municipalities are receiving less funding from the provincial government than they did in 2011, leading to potential tax hikes

Can the courts compel Canadian accountants to disclose their tax analysis? In the first of a three-part series, Brian Studniberg of Henein Hutchison Robitaille LLP looks at the Gaudreau case currently before the Federal Court of Appeal in Quebec

In Niverville, Manitoba, one chartered professional accountant gives his perspective on a minimum wage that has increased by nearly four dollars in two years

Canadian accountant and tax lawyer David J Rotfleisch looks at the case of an Alberta restauranteur and an inheritance in Fuhr v. The King

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

Small businesses are pleased to see the carbon rebate being rolled out but are nervous about the repercussions of the capital gains tax changes

John Oakey of CPA Canada says the Prime Minister's recent comment about accountants was an unexpected turn in the capital gains debate

Two Queen's University professors question whether the Liberals have thought through the implications of their changes to capital gains taxation

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

In recent years, the issue of oil and gas companies owing money to Alberta municipalities has become a significant concern, with millions in unpaid taxes

Whether the federal budget will help millennials and Gen Z through tax initiatives, says Gustavson accounting professor Douglas A. Stuart, is subject to speculation

The Public Company Accounting Oversight Board hit KPMG Netherlands with a record US$25-million civil civil penalty for widespread improper answer sharing

Double standards abound on the carbon tax, says MacEwan University economics professor Junaid B. Jahangir, despite the support (and limits) of textbook economics

Canadian taxpayer-supported clean tech startups may move south of the border due to regulatory risk and political uncertainty despite substantial tax benefits

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

Subsidies cost Canadian taxpayers roughly $214 per taxpayer every year — and unlike the federal carbon tax, Canadians don’t get a rebate on this tax

The Canadian Public Accountability Board says it will take at least two years before more transparency is provided as to which firms fail and which succeed

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

Amit Ummat and Alisha Butani of Ummat Tax Law provide an overview of the Tax Court of Canada’s ruling in 1351231 Ontario Inc v. The King, 2024 TCC 37

Though similiar, there are important differences between Australian and Canadian professional rules of conduct explains accounting professor George Gonzalez

Five Deloitte partners to pay $40k each in fines and costs for manually overriding computer clocks to backdate audit working papers in multiple engagements

Research suggests women and minorities are under-represented at senior positions in Canadian accounting firms despite measures to improve diversity

Client Advisory Services represent a paradigm shift in public accounting, explains Karen Chalmers of interVal, which automates the discovery process using AI