Practice

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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Partner Posts
How cloud-based software — and a human connection — can attract new SMB clients
Prospective new clients require your financial expertise, but they also need your understanding, explains Faye Pang, Canada Country Manager at Xero
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Practice
Preparing for the new quality management standards: CSQM 1 system evaluation and monitoring
Part four of a four-part series from Kirsten S. Albo of ASK KSA Consulting Inc.
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Practice
Preparing for the new quality management standards: CSQM 1 risk responses
In part three of a four-part series, Kirsten S. Albo of ASK KSA Consulting Inc. explores the design and implementation of risk responses
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Partner Posts
4 ways Canadian accountants can grow their business and scale their impact
Technology will continue to be a key driver of growth for practitioners and their clients, says Graham Sharples of Intuit QuickBooks Canada
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Practice
Preparing for the new quality management standards: CSQM 1 quality objectives and quality risks
In part two of a four-part series, Kirsten S. Albo of ASK KSA Consulting looks at CSQM 1 and its quality management process for all firms, regardless of size
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Practice
Preparing for the new quality management standards: An overview for Canadian practitioners
Kirsten S. Albo of ASK KSA Consulting Inc. kicks off a four-part series on CSQM 1
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Practice
Dealing with Canada – Challenges and opportunities for global wealth and tax planners
Rahul Sharma and Jennifer A. N. Corak of Miller Thomson LLP present three common scenarios of non-Canadian or foreign trusts where Canada's Income Tax Act rules intersect with the international wealth planning of taxpayers
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Practice
Maple Leafs GM vs CRA tax court ruling
Just in time for the playoffs, Dave Nonis scores a win in the Tax Court of Canada, six years after his dismissal as General Manager of the Toronto Maple Leafs
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Practice
Post-Mortem Planning For Private Companies — Reconsidering Options For Triggering Capital Gains — Part II
Tax Planning For The Non-Specialist Advisor: In part two of a two-part series, Michael Goldberg looks at an alternative post-mortem PC Liquidation strategy he calls Spousal Rollover Liquidation Planning
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Partner Posts
How accountants are ushering Canada’s SMBs onto the path to recovery
Three ways to get your clients on the road to Canada’s post-pandemic rebound
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Profession
Canadian tax professionals: A Canadian tax lawyer's guide
Canadian tax lawyer and accountant David J Rotfleisch breaks down the classifications and the kind of work done by Canadian tax professionals
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Practice
Post-Mortem Planning For Private Companies — Reconsidering The Options For Triggering Capital Gains — Part I
Tax Planning For The Non-Specialist Advisor: Part one of a two-part series from Michael Goldberg of Minden Gross LLP on an alternative strategy for post-mortem PC liquidation
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Profession
Audit inconsistency remains a concern says Canada’s audit quality watchdog
Pandemic year delayed some inspections as CPAB worked remotely
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