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Zeifmans is a full-service tax, accounting and consulting firm based in Toronto, Canada, ranked as one of Canada’s top 20 firms by revenue. Beyond the traditional offering, our services include business advisory, valuation, corporate finance, transaction services, corporate turnaround and insolvency, and estate and succession planning, supporting our 9,000+ clients through every step of the business life cycle.

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Taxation of cannabis businesses in the US: the do’s and don’ts

While a number of US states have legalized marijuana and cannabis based products for medical and/or recreational use, the US federal tax rules take a harsh perspective on the deductibility of certain expenses associated with the cannabis business. A number of cases ruled on in late 2018 have provided additional guidance.  We will discuss a…

New cannabis products to create further opportunity in Canadian market

Come October of this year, the Canadian recreational cannabis market can expect a flood of new products. And while the Canadian government has only released draft guidelines as of yet, it’s already clear that licensed producers will need to comply with a number of regulations when creating, packaging, and marketing their products. The edibles market…

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