DIFFERENCES BETWEEN TAX LAWYERS AND ACCOUNTANTS
| CATEGORY | TAX LAWYERS | ACCOUNTANTS |
|---|---|---|
| GENERAL TAX PLANNING | ✓ | TAX ACCOUNTANTS ONLY |
| GENERAL TAX PLANNING IMPLEMENTATION | ✓ | x |
| TAX REORGANIZATIONS - PLANNING | YES | TAX ACCOUNTANTS ONLY |
| TAX REORGANIZATIONS - IMPLEMENTATION | YES | NO |
| TAX REORGANIZATIONS - FORMS | x | ✓ |
| ESTATE PLANNING | ✓ | ✓ |
| WILL DRAFTING | ✓ | x |
| ESTATE RETURN PREPARATION | x | ✓ |
| TAX RETURN PREPARATION | x | ✓ |
| FINANCIAL STATEMENT PREPARATION | x | ✓ |
| TAX AUDITS | ✓ | ✓ |
| TAX APPEALS - NOTICES OF OBJECTION | ✓ | ✓ |
| TAX APPEALS - TAX COURT | ✓ | x |
| NEGOTIATIONS WITH CRA COLLECTIONS OFFICERS | ✓ | ✓ |
| TAXPAYER RELIEF (FAIRNESS) APPLICATIONS | ✓ | TAX ACCOUNTANTS ONLY |
| VOLUNTARY DISCLOSURE (TAX AMNESTY APPLICATION) | ✓ | SOME ACCOUNTANTS WILL SUBMIT, BUT NO PRIVILEGE IF THEY DO |
| BUSINESS PLANS | x | ✓ |
| LOAN APPLICATIONS | x | ✓ |
| BUY VS LEASE CALCULATIONS | x | ✓ |
| FAMILY TRUST DEED PREPARATION | ✓ | x |
| TRUST T3 TAX RETURNS | x | ✓ |
| TAX RESEARCH | ✓ | TAX ACCOUNTANTS ONLY |
| TAX OPINION LETTERS | ✓ | TAX ACCOUNTANTS ONLY |
| TAX OPINIONS FOR OFFERING MEMORANDUM OR PROSPECTUS | ✓ | x |
| CALCULATION OF POTENTIAL TAX LIABILITY | x | ✓ |