Profession

Profession

Taxpayer’s ombudsman report flags CRA service issues in Northern Canada

The CRA disputes allegations of Northern Canada service issues, in the first of a three-part series by business reporter Jeff Buckstein
Practice

Indirect tax opportunities in a precarious economic context

An overview of GST/HST and PST relief and opportunities under the current pandemic, from the Tax Group of the Montreal office of McCarthy Tétrault LLP
Practice

Why Canadian accountants need a CEWS client engagement letter now more than ever

Accounting practitioners are under pressure during the current pandemic to meet their clients' needs. Clearline Consulting has COVID-19 practice-related resources to mitigate risk
Profession

Friday News Roundup 20.07.31: CPA Canada applauds Chamber, Morneau smoke, CFIB & more   

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

Planning to Maximize the Capital Dividend Account — Part II

Part two of a three-part series, "Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses," by Michael Goldberg of Minden Gross LLP
Practice

Planning to Maximize the Capital Dividend Account — Part I

Tax Planning for the Non-Specialist Advisor: Unlocking Liquidity in Corporate Capital Losses, is part one of a three-part series by Michael Goldberg of Minden Gross LLP
Practice

The CRA's national policy for saying sorry to taxpayers

There are clear issues with a CRA formal apology policy, says Canadian tax lawyer and accountant David J. Rotfleisch
Practice

That's a relief! CRA extends payment due dates again during COVID-19

Canada Revenue Agency announces further extension to payment due date for individual, corporate, and trust income tax returns
Profession

Friday News Roundup 20.07.24: Pandemic debt, WFH tax breaks, Love & Money and more

Wrapping up the odds and ends in this week’s Canadian accounting news
Practice

When does a CRA tax audit become a criminal tax investigation?

Canadian tax lawyer and accountant David J. Rotfleisch looks at the "Jarvis Standard" and the case of Softcom Solutions
Practice

The CRA's pursuit of real estate data goes south of the border

Lost tax revenue in the real estate sector has been a key issue for the CRA, say David Piccolo and Jessica Bishara of TaxChambers LLP in Toronto.
Practice

Should a Canadian taxpayer seek judicial review?

The Canada Revenue Agency must provide reasons to taxpayers for their decisions, says the Federal Court of Canada
Profession

Audit keeps failing — here’s why a fundamental change is needed

Recent failures of the auditing profession and Big Four accounting firms proves auditors should be responsible for detecting fraud in financial statements
Practice

Shifting to virtual: 4 tips for transitioning in-person training to virtual learning

Reimagining the way accounting firms deliver training to accountants and staff can result in a powerful remote learner, says Sofia Arisheh
Practice

Tax fraud contrary to the Income Tax Act, the Excise Tax Act and the Criminal Code

Canadian tax lawyer and accountant David Rotfleisch looks at Regina V Reynolds
Practice

When can a Canadian taxpayer seek punitive damage from the CRA?

Tax lawyer and accountant David Rotfleisch looks at the Quebec Court of Appeal case of Ludmer c. Attorney General of Canada
Practice

CRA Operational Update: Ten Things You Need To Know

A CRA status update on tax controversy and dispute resolution from Stevan Novoselac and John Sorensen of Gowling WLG
Practice

Tax Court update on getting back to business – top ten takeaways

An update on the reopening of the Tax Court of Canada, by Stevan Novoselac and John Sorensen of Gowling WLG
Practice

The Tax Court Of Canada's new fast track settlement conference system, post the COVID-19 pandemic

Tax lawyer and accountant David Rotfleisch looks at the ramifications of trying to clear the Tax Court's backlog of cases
Practice

Do Swiss banks owe your accounting clients money?

Clock is ticking for investors who held Swiss bank accounts to claim reimbursements of retrocessions deemed illegal
Thought Leaders

How to build a better Canada after COVID-19: Transform CERB into a basic annual income program

Most proposals for a basic annual income rest on a negative income tax, says Canadian economist Gregory C. Mason
Practice

Income tax reassessment periods – proposed changes

Aasim Hirji and Christopher Ellett of Moodys Tax Law are concerned about Bill C-17, the Time Limits and Other Periods Act (COVID-19)
Practice

A Canadian tax lawyer's perspective of tax audits of COVID-19 tax fraud claims

The government will be looking out for those attempting to abuse the system, says David Rotfleisch
Profession

St-Jean to replace Thomas as head of Canadian accounting profession

CPA Canada has announced the appointment of Charles-Antoine St-Jean its new president and CEO, replacing Joy Thomas
Practice

Shifting to virtual: 5 tips to conduct effective virtual meetings

Running effective, productive and engaging virtual meetings requires a different approach, says Sofia Arisheh