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 ...

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

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

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.

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

Changes to the capital gains inclusion rate will create a high degree of uncertainty for taxpayers and their advisors says Greg Farano of Gardiner Roberts.

In the second part of a three-part series on cross-border tax issues, Professor George Gonzalez looks at Canadian residents with RRSP and TFSA funds who expatriate to the United States George Gonzalez ...

The March 2025 case of Chad v The King 2024 TCC 142 emphasizes the need for taxpayers to ensure that their business-oriented tax plans are alive to business realities. In Chad, the T ax Court refused ...

In the final part of a three-part series, Professor George Gonzalez looks at U.S. resident tax issues with Roth and ROTH IRA funds who relocate to Canada.