HomeBlogBlog

More comprehensive reporting requirements coming for Canadian trusts

The Canadian Government is preparing to implement changes to the reporting requirements for Canadian resident and non-resident trusts deemed resident in Canada. Though these changes were announced in the 2018 Federal Budget, they will be coming into effect on December 31, 2021. Here is what you need to know about the government’s new reporting ...

Building a Solid Foundation – Knowing your options when it’s time to issue shares

Once your startup begins to see success, discussions often turn to shares – namely, the amount that should be issued and who should gain equity in your company. Zeifmans’ experts teamed up with Cassels Brock & Blackwell LLP, a full-service business law firm, to author this guide to help your startup with considerations around issuing shares and creating a solid share structure.   ...

How to establish a successful real estate workforce

Your real estate venture has taken off and you’ve assembled a team of new hires to help get your operation running in high gear. Now that you’re growing your business, you’ll be faced with a myriad of difficult decisions that could have a significant impact on your career. While this scenario is exciting, growing ...

BDC insights for tech companies looking for financing – and why your accountant should be your first stop

Securing financing from a top lender like BDC doesn’t depend on luck or a splashy pitch deck. There’s a surprising amount you and Zeifmans Technology and Startups team can do beforehand to speed up the application process and ensure your tech business gets the loan it needs.  We chatted with Marc-André, Regional Director of Technology Industry at BDC about ...

Remodelling your real estate business plan: A guide for entrepreneurs

Unless you’re a perfectly preserved mid-century rancher, there’s always room for renovations.   When it comes to your real estate business plan, it’s understandable that you may require some tweaks throughout the years to ensure that your plan is as thorough, sturdy, and opportunity-optimized as it can be. And if you’re brand new to the real ...

Psychedelics treatments are in the public eye  

Recently the use of psychedelics in health care experienced an interesting turning point – not through political gains, but through television.      Hulu’s latest hit, Nine Perfect Strangers, depicts the use of psychedelics as a tool in mental health therapy. Now, for anyone who’s seen the show – which follows a wellness retreat gone wrong – it’s ...

Proposed legislation introduced to reform cannabis taxation in the US

On July 14, 2021, Senate Majority Leader Chuck Schumer released a discussion draft of a detailed cannabis reform bill which, if enacted, would restore the deductibility of all expenses related to cannabis businesses and institute excise taxes on such businesses, resulting in big changes to cannabis taxation. Now backed by Democratic senators Cory Broker ...

The Biden Tax Plan: Where it stands

There has been a lot of talk in the recent news about the Biden tax plan moving forward in Congress.  However, there is no need for panic (yet!), as the potentially affected parties of this legislation are essentially “setting the table” to debate and draft the Biden tax plan. The Democrats hold a narrow ...