Since the Tax-Free Savings Account (TFSA) was introduced in 2009, it has been used by Canadians to earn investment income on a tax-free basis. Many U.S. citizens, however, have shied away from this account for several reasons. But should TFSAs really be avoided by all U.S. citizens? While there are some roadblocks to owning ...
All US individuals with April 15, 2021 tax deadlines have had their US federal income tax deadlines for tax filings and extension payments extended from April 15, 2021 to May 17, 2021. No interest or penalties will be assessed on individual taxpayers if the extension payments are made by May 17, 2021. This relief ...
During his presidential campaign, President-elect Joe Biden had proposed a number of tax changes which could impact US expatriates’ resident in Canada. With the recent Georgia Senate win, Biden’s Democratic Party will now control both houses of Congress. With control of both Houses of Congress, Biden has a clear path to pursuing his legislative ...
Have you been tuning in to the Zeifmans’ Non-Resident Digital Event Series? So far, we’ve discussed the niche challenges experienced by high net worth individuals, as well as tips and tricks for tech and startups seeking entry into the Canadian market. Today, we’re excited to share the latest installment in the series: Cross-border concerns. ...
Our Non-Resident Digital Event Series continues, with our second installment, “High Net Worth Edition: Legacy, Preservation, and Optimization”, serving up more wisdom from three new industry experts. Continuing our earlier series of online interviews, followed by a live webinar with one our Nexia International affiliate firms, Zeifmans team members have engaged in value-packed conversations ...
On August 13, Israel and the United Arab Emirates (“UAE”) signed an agreement mediated by US President Donald Trump. Under the Israel–UAE peace agreement, Israel and the UAE are to establish full diplomatic relations, with the UAE becoming the third Arab state to recognize Israel. Bahrain has followed suit and is establishing full diplomatic ...
Once land is owned or banked, it is not uncommon for several years to pass before it is ready for land development. Those who are new to the industry, or seasoned players looking to develop in Canada for the first time often arrive with the common misconception that this will be a quick process. ...
At Zeifmans, we have over 60 years of experience assisting clients throughout all the phases of their land development projects. We’ve seen how the market has changed over the years, and we have a unique understanding of the strategies that will yield the best results as the market continues to evolve. Today, in the ...
The Zeifmans team wants to make you aware of the recent changes to financial regulations relating to private funds in Cayman Islands, and we’re pleased to offer the services necessary to align with the new rules. The Cayman Islands Monetary Authority (CIMA) has released the following information pertaining to the registration process and ongoing ...
If you feel like your understanding of the Canadian cannabis market changes with the wind, you’re not alone. One year after cannabis was legalized in Canada, the regulations have changed a number of times. Particularly in Ontario, the retail strategy seems to be a moving target for producers, who are now facing an issue ...