Finance Minister Bill Morneau released his 2019 Federal Budget on March 19, 2019. The Budget forecasts a deficit of $14.9 billion for the 2018-2019 fiscal year, but is expected to ...
Relief Provided from GILTI tax for US Expatriates
As part of the US tax reform in late 2017, US citizens who owned Canadian corporations which are CFCs were subject to a repatriation tax on an amount approximating the ...
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 ...
Zeifmans TOSI & 2018 Tax Update
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 ...
Implications for property owners using Airbnb for extra income
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 ...
How pharmacies could shape the face of medical cannabis sales
With the number of medical cannabis patients expected to rise to 450,000 by 2024[1], Canada is desperately in need of a better system for prescribing and dispensing medical cannabis. The ...
Here’s why Toronto’s skyrocketing tech industry needs to scale-up
From Alexander Graham Bell to the Canadarm, Canada has long been a hub for tech innovation. And within our country in recent years, few regions can rival Toronto’s skyrocketing tech ...
So you closed a big real estate deal – now what?
So you finally closed that big real estate deal and are left with significant funds in your corporation. You have now moved onto to evaluating various investment options, looking at ...
Top 10 reasons why cannabis companies need accounting leadership: Part 2
In Part 2 of this series, we continue to examine why cannabis companies need accounting leadership and the biggest challenges they face. It’s a positive problem: A start-up grows so ...
