Our US citizen client base had been significantly and adversely impacted by the tax imposed on the retained earnings of their Canadian corporations. An opportunity may exist to file a protective US refund claim in 2021 and later years to protect the client’s right to receive a refund of the tax paid. Background On December ….
Posts By: Kelly Bird
In this introductory video for our new series, Zeifmans’ Quarterly 3, catch up with the our Real Estate team, as partners Ahmad Aslam and David Posner answer 3 of your real estate sector and accounting questions. Today, they explore the following topics: Leveraging your next real estate investment. For more information on this topic, review our ….
Creating an effective financial plan takes thought and careful preparation. Once your plan is complete, and the steps towards your goals are set in motion, it’s tempting to check the proverbial box of financial planning off your list and move on. But the truth is that the most impactful financial plans are those that are ….
Veteran real estate investors often talk about the power of leverage in the context of real estate. Leverage is one of the greatest advantages of real estate investing; it is what causes your real estate investment to accomplish potentially phenomenal returns. If you are new to the world of real estate investments and thinking of ….
Remember the fable about the ant and the grasshopper? The grasshopper hedonistically enjoys the summer and perishes when the winter arrives. Meanwhile, the ant works hard to prepare for winter and lives to see another thaw. There’s a reason that we’ve shared that story with kids for generations- it’s a worthy narrative. And yet, even ….
More than $8.8 billion USD has been invested in Initial Coin Offerings (ICOs) in the last 2 years, which is an incredible amount of funding given how new and disruptive the ICO concept is. While the numbers are undoubtedly impressive, the nascence of the ICO process has produced varied opinions and regulations across geographic regions. ….
While immigration law is clearly not an area in which we practice, at Zeifmans we are concerned for our clients and contacts active in the cannabis space in light of recent US border news involving Canadian cannabis investors. Accordingly, we decided to undertake some research to further assist those clients and contacts. Len Saunders is ….
In November 2018, Zeifmans’ hosted two TOSI (Tax on Splitting Income) & 2018 Tax Update Breakfast and Learns at our office, in Toronto, Canada. Presenters, Jonah Bidner and Nathan Jung discussed the background of the current tax environment in Canada as a result of TOSI and the other changes to income tax rules. They then moved ….
For any tech or startup venture, it can be overwhelming to consider the decisions that must be made to achieve your specific goals. From the very beginning stages of a company’s development and throughout the course of their life cycle, here at Zeifmans, we can help nurture the growth and success that your company envisions. ….
Have you ever thought about using Airbnb for extra income? Since Airbnb launched in 2009, it has become a dominating player in the hospitality industry, offering those seeking overnight stays countless options of unique properties to rent, in a wide range of prices. The platform has caused a 180 degree shift in how travelers book ….