Practice
Profession
BC accounting firm DMCL fined for AML/ATF non-compliance by FINTRAC
Canada's financial intelligence unit, the Financial Transactions and Reports Analysis Centre, levied the fine against Dale Matheson Carr Hilton LaBonte LLP
- COMMENTS 13
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- VIEWS 160
Practice
When Canadian taxpayers have severe emotional trauma, documentation is key to taxpayer relief requests
The 2025 judicial review of Bifano v Attorney General (2019) demonstrates the need for documentation from psychologists, doctors explains David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
A victory for all charities, not just housing providers: 3 takeaways from Stamford Kiwanis
Stephen Hsia and David Tang of Miller Thomson LLP say the Ontario Court of Appeal has done something it rarely does: overturn its own decades-old precedent.
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- VIEWS 160
Practice
Case Commentary: Schwarz v. HMK – You must appeal within the deadline for tax reassessments
The Tax Court of Canada cannot forgive tax debt. Its jurisdiction is limited to correctly determining the amount of tax payable explains David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
Significant positive changes to reinvigorate the Voluntary Disclosures Program for income tax and GST/HST
Michael Ciomyk, Rojin Esmaeili and Zoë Sebastien of McCarthy Tétrault LLP outline changes by the CRA that seek to broaden the previously restrictive program
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- VIEWS 160
Profession
Sunday News Roundup 25.09.28: Expanded CRA audit powers, MAGA attacks IFRS, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes adversarial audit powers at the Canada Revenue Agency, MAGA attacks on accounting standards, and more
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- LIKES 149
- VIEWS 160
Profession
Canadian audit watchdog censures another Mississauga accounting firm
The Canadian Public Accountability Board has prohibited Abu-Farah Professional Corporation from accepting all new reporting issuer audit engagements
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- LIKES 149
- VIEWS 160
Practice
Case Commentary: Charlebois v. The King – How NOT to apply for GST/HST rebate for owner-built homes
The CRA can make assumptions that a home is not qualified for a rebate; it is the taxpayer's burden to refute the assumptions, explains David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
International remote work: Tax issues, Part II (Canadian companies)
In part two of a two-part series, George Gonzalez and Gillian Holthe of the University of Lethbridge review key tax issues for remote workers outside Canada
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- LIKES 149
- VIEWS 160
Practice
Does your job require you to buy luxury goods? And, can you deduct those luxury goods on your taxes?
Canadian tax lawyer and accountant David J Rotfleisch deconstructs the case of Holt Renfre employee claiming luxury clothing expenses in Samotus v. The King
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- VIEWS 160
Practice
PCAOB inspection report: Ernst and Young Canada lowers audit deficiency rate
EY Canada lowers deficiency rate from 50 to 25 per cent according to US audit watchdog inspection report over four 2024 audits by Big Four accounting firm
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- VIEWS 160
Practice
Section 160 leads to derivative tax liability for 50-50 shareholders who receive dividends from a tax-debtor corporation
Canadian tax lawyer and accountant David J Rotfleisch comments on the section 160 tax trap in the Tax Court of Canada decision in McCague v The King, 2025
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- VIEWS 160
Practice
Alberta: Nenshi says clawback of Assured Income for the Severely Handicapped is theft from disabled
Albertans receiving AISH are required to apply for CDB, but it will be counted as non-exempt income and be taken dollar-for-dollar from their AISH cheque
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
International remote work: Tax issues, Part I (workers)
In part one of a two-part series, George Gonzalez and Gillian Holthe of the University of Lethbridge review key tax issues for remote workers outside Canada
- COMMENTS 13
- LIKES 149
- VIEWS 160
Practice
Case Commentary: The application of the General Anti-Avoidance Rule on capital dividends
Canadian tax lawyer and accountant David J Rotfleisch looks at the impact the new GAAR may have had on the Magren Holdings case had the rule been in effect
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- VIEWS 160
Partner Posts
Open Banking: A crucial shift for Canadian accountants
Five ways for Canadian accountants and bookkeepers to prepare for the swift and transformed landscape of open banking, as explained by Mike Cascone of Xero
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- LIKES 149
- VIEWS 160
Practice
What expenses can owners deduct from rental properties that produce no income?
In Blecha v The King, the Canada Revenue Agency disputed whether a taxpayer was really renting residential property, explains tax lawyer David J Rotfleisch
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- LIKES 149
- VIEWS 160
Practice
Bank Of Nova Scotia v The King: How a procedural rule on loss carrybacks triggered $7.9M in interest arrears on tax not owing
It’s a matter of interest as to why Scotiabank is appealing to the Supreme Court of Canada after losing Canada Revenue Agency decisions in the lower courts
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- LIKES 149
- VIEWS 160
Practice
How CRA conducts net worth audits and enforces gross negligence penalties against Canadian taxpayers
David J Rotfleisch dissects the case of a certified management accountant and former employee of the CRA in Mann v The King and lessons from similar cases
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- LIKES 149
- VIEWS 160
Profession
Sunday News Roundup 25.08.03: Williams shown the door at PCAOB, Lambos in the tax lane, and more Canadian accounting news
Our weekly Canadian accounting news roundup includes Trump and the US audit watchdog, are accountants ready (or not) for AI, accounting dealbook, and more
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- LIKES 149
- VIEWS 160
Profession
Upcoming pilot program opens accounting opportunities for Squamish, Tsleil-Waututh and Musqueam Nations
Chartered Professional Accountants of British Columbia is helping boost accounting job opportunities for Indigenous communities with a new outreach program
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- VIEWS 160
Profession
CRA launches new process for Canadian taxpayers to authorize their tax representatives
Tax representatives can now be given instant access by individuals to their CRA online accounts due to a new process launched by the Canada Revenue Agency
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- VIEWS 160
Profession
Canadian Public Accountability Board censures Mississauga accounting firm Clearhouse LLP
Clearhouse prohibited from accepting new high and moderate risk reporting issuers including those resulting from IPOs, reverse takeovers, other transactions
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- VIEWS 160
Profession
CPA Ontario provides recommendations in 2025 quality management report for accounting firms
Of the 12 firms subject to Enhanced Quality Management Review (EQMR), two were found to have significant reportable deficiencies requiring remedial action
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- VIEWS 160
Profession
When accounting rules change at the (provincial) border
Ontario’s CSRS 4200 framework should be adopted nationally to provide for provincial labour mobility among accountants says James Green of RPA Canada
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- VIEWS 160