Practice

Practice
Rectification and the vanishing prospects for common sense and compassion
John Sorenson of Gowling WLG asks whether the Glenmac decision demonstrates a tax system that is just, equitable and fair
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Partner Posts
Canadian Accountant Tech Review: Fujitsu ScanSnap iX1600
The iX1600 looks like its predecessor but offers faster speed and connectivity
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Practice
Analysis: Tax litigants may amend their arguments during a trial
Canadian tax lawyer and accountant David J Rotfleisch analyzes Canada v. Pomeroy Acquireco
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Practice
Canadian income tax - proposed First Home Savings Account
David J Rotfleisch on the Liberals' proposed tax favoured savings account
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Partner Posts
Accountancy Insurance: 5 years supporting CPA firms across Canada … and counting
Roman Kaczynski of Accountancy Insurance on the growth of Audit Shield in Canada and where the CRA is focusing its audit activity
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Practice
Dale et al. v the Queen – Timing on issue of shares in Section 85 rollover
Tax lawyer and accountant David J. Rotfleisch on a successful appeal of a Tax Court decision
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Practice
Tax topics we're thinking about this fall
MaryAnne Loney of McLennan Ross LLP on opportunities and risks in the current tax landscape
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Profession
Strong showing by Canadian R&L accounting firms in H1 audit client gains
Exclusive: 2021 H1 SEDAR data of Canadian firms crunched by Audit Analytics
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Practice
Contesting a will in Ontario: Canadian tax lawyer guide
Provincial legislations are carefully crafted to include provisions that infringe upon and restrict an individual's testamentary freedom, says tax lawyer and accountant David J Rotfleisch
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Profession
KPMG Canada leads all Canadian accounting firms in 2021 H1 audit client net gains
SEDAR filing data of Canadian accounting firms crunched by Audit Analytics
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Practice
Electing out of spousal rollover on death
Toronto Tax Lawyer and Accountant David J Rotfleisch explains when, with proper estate planning, it is possible to achieve a substantially better tax outcome
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Practice
When will the Tax Court of Canada resume in-person sittings?
Some notable decisions recently announced from videoconference hearings
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Practice
Tax Clearance Certificates: Canadian Tax Lawyer Guidance
Tax clearance certificates can be beneficial but may also trigger scrutiny from the Canada Revenue Agency. Canadian tax lawyer and accountant David J Rotfleisch explains
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Practice
Voluntary Disclosure Applications: Canadian Tax Lawyer's Guide
Canadian tax lawyer and accountant David Rotfleisch looks at a recent Federal Court ruling on voluntary disclosure (4053893 Canada Inc.)
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Practice
The general anti-avoidance rule and family surplus strips
Allan Lanthier on why the Deans Knight court decision should cause HNW individuals to pause before engaging in aggressive surplus stripping through intergenerational wealth transfers
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Practice
Tax Court won't uphold gross-negligence penalties: Taxpayer not aware of accountant errors
Canadian tax lawyer and accountant David Rotfleisch explains the case of Frank-Fort Construction in the Tax Court of Canada
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Partner Posts
Three ways to grow and perfect your accounting practice
From streamlining the client onboarding process to developing a niche practice, there will be many ways to serve your accounting clients more efficiently as Canada moves to a post-pandemic economy
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Practice
Alberta Court rejects CRA's duty of care to taxpayers
David Rotfleisch explains the Signal Hill Manufacturing case and duty of care
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Thought Leaders
Tax relief for family business transfers: A legislative fiasco – Part II
In part two of a two-part series, Allan Lanthier outlines the strategy for legislative repeal and predicts what lies ahead for Bill C-208
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Thought Leaders
Tax relief for family business transfers: A legislative fiasco – Part I
Bill C-208 has handed tax avoiders a new surplus stripping scheme on a silver platter explains tax expert Allan Lanthier in a two-part series
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Practice
New opportunities for intergenerational transfers of businesses after enactment of Canada’s Bill C-208
Any transfer of a family business must be structured correctly to avoid re-assessment by the CRA, says Canadian tax lawyer and accountant David Rotfleisch
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Thought Leaders
Our response to the CRA's position on creditor-proofing reorganizations – part 1
Doug S. Ewens and Kenneth Keung of Moodys Tax Law LLP in a three-part series on creditor-proofing reorganizations
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Practice
Budget 2021 – Tax enforcement, audits, and oral interviews
If proposed legislative amendments receive Royal Assent, the Canada Revenue Agency will have the power to compel oral interviews
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Practice
2021 updates for T1134: A Canadian tax lawyer's perspective
The T1134 has been updated to reflect legislation changes that allow the CRA to collect additional information and provide some reporting relief
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Practice
Entrepreneurship report points to business opportunities for Canadian accountants
Nearly two million Canadians launched a business in the last 12 months
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