The general rule under section 67 is that a deduction for an outlay or expense cannot be made unless it was reasonable in the circumstances. Regulation 1100 (11) provides that a deduction in respect ...

Gevorg Grigoryan, a chartered professional accountant and CPA program coach and mentor, notes “that a total of 1,386 candidates passed this CFE, which is slightly less than 1,403 in May 2024. However, ...

In Bank of Nova Scotia v His Majesty the King, the Federal Court of Appeal (FCA) confirmed the Tax Court's decision that ...

THE accounting profession is undergoing a profound transformation driven by advances in artificial intelligence. From intelligent automation to predictive analytics, AI is no longer a distant ...

In Mann v. The King, 2023 TCC 151, the Tax Court of Canada reaffirmed the Canada Revenue Agency's authority to use the net ...

President Donald Trump has said he will impose tariffs of up to 50 per cent on dozens of countries, including Canada, ...

Chartered Professional Accountants of British Columbia is helping boost accounting job opportunities for Indigenous communities with a new outreach program.

David J Rotfleisch, CPA, JD is the founding tax lawyer of Taxpage.com and Rotfleisch & Samulovitch P.C., a Toronto-based boutique tax law corporate law firm. As part of the Canada Revenue Agency's ...

AT THE HEIGHT of tax season this year, a survey found that 90 per cent of accounting and finance firm hiring managers were battling talent acquisition challenges due to the continued, widespread ...

In the third of a three-part series, how might the current Gaudreau appeal affect situational forms of privilege between tax accountants and their clients.

Chartered Professional Accountants may be enveloped into privilege if they are the client’s agent, pursuant to an agency agreement, explains Dean Blachford.