ARTICLES

Drache Aptowitzer LLP is a nationally recognized law firm
specializing in tax issues. Please contact us with your tax issue.

It’s Giving Season: Tax Credits for Charitable Donations vs. Political Contributions

By Adam / November 23, 2017 / Comments Off on It’s Giving Season: Tax Credits for Charitable Donations vs. Political Contributions

By: Alexandra Tzannidakis In the public mind, the idea of tax credits for giving to ‘good causes’ sometimes leads to confusion and conflation of charitable tax credits and political tax credits. The truth is that charities and political causes are legally very distinct concepts (there is no such thing as a political charity) and although…

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Bitcoin

The Penny Drops

By Adam / November 23, 2017 / Comments Off on The Penny Drops

It is common knowledge that taxation authorities around the world are playing catch up with the developments of new technology. One of the most interesting areas of such ongoing technological development has been the advent of Bitcoin. But at least in the case of Bitcoin it seems that the Income Tax Act’s broad general definitions…

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gift planning

Beyond the Grave: Balancing Confidence and Flexibility in Gift Planning

By Adam / July 26, 2017 / Comments Off on Beyond the Grave: Balancing Confidence and Flexibility in Gift Planning

Balancing Confidence and Flexibility in Gift Planning By:  Adam Aptowitzer One of the unstated pillars of gift planning is to find ways of assuring a donor that his/her wishes will be carried out after death.  Unfortunately, this can be a double-edged sword. While it may help convince a donor to give now the future needs…

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tax basics

Back to the Tax Basics

By Adam / June 16, 2017 / Comments Off on Back to the Tax Basics

Lawyers and advisors in the charitable sector often discuss high level tax topics in articles and seminars – but, for many, tax remains a dark and mystical art. Indeed, even those who once professed an understanding of the system may, over time, lose touch with the basics if they do not remain current on developments.…

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accountant

Start the Clock – New Case on Suing Tax Advisors

By Adam / May 21, 2017 / Comments Off on Start the Clock – New Case on Suing Tax Advisors

By: Adam Aptowitzer It is no secret that over the past few years there have been a number of circumstances which have led to lawsuits against tax lawyers and accountants. These have primarily been related to the proliferation of tax shelters but, as always, there are the usual negligence claims resulting from more typical work.…

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smoke - tax shelter fallout

Seduction, Money and Tax New Court Decision: Sensible but Unsettling

By Adam / January 18, 2016 / Comments Off on Seduction, Money and Tax New Court Decision: Sensible but Unsettling

In the still smoldering wreckage of the charitable donation tax shelters a new case has surfaced, which dealt with the involvement of some of the planners. Interestingly the case does not attack the individuals for their role as planners but rather for their own participation in an individualized version of the tax shelter they later…

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Adam Aptowitzer

When the Tax Man Cometh

By Adam / September 7, 2015 / Comments Off on When the Tax Man Cometh

In September 2015, Adam Aptowitzer presented at UN Tied to the Chair, Held at the prestigious Orange Art Gallery, this invitation-only event featured industry thought leaders from the legal, financial and operations world, who informed, engaged and empowered local dentists. To view the presentation please check out the video below.

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Guindon, Supreme Court

Supreme Court Rules Against Director of a Charity

By Adam / August 28, 2015 / Comments Off on Supreme Court Rules Against Director of a Charity

By:  Adam Aptowitzer As Counsel for Ms. Guindon in her case with the Minister of National Revenue we have kept our readers abreast of developments as the appeal wended its way to the Supreme Court of Canada. On July 31st, 2015 the Supreme Court issued its ruling in the matter thus ending the appeal for…

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charter protection

Charter Protection Cannot be Taken for Granted

By Adam / June 19, 2015 / Comments Off on Charter Protection Cannot be Taken for Granted

By: Adam Aptowitzer It is almost trite to say that the Canada Revenue Agency is dedicated to the administration of the income tax system in this country. There are exceptions to this, of course, the most obvious being the regulation of charities. However, a recent amendment to the Income Tax Act giving the CRA new…

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Canadian, Taxpayer, Great Canadian Tax Dodge

An Oscar Worthy Performance

By Adam / March 20, 2015 / Comments Off on An Oscar Worthy Performance

By: Adam Aptowitzer Readers will likely agree that the study and practice of taxation can be both interesting and, at least at times, exciting. It is therefore surprising that there are not more movies featuring tax lawyers and accountants. One would imagine these movies would show a tax litigator with a well-muscled calculator finger fighting…

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