Insights
Understanding the CRA’s 2024 Trust and Reporting Updates: Implications and Context
Earlier this year, the Canada Revenue Agency (CRA) announced significant changes to trust reporting rules that introduced new filing obligations for many express trusts, including bare trusts. These new requirements ...
Insights
A Tax Trap in Estate Law Mediation
David Posner, Partner and Charles Wagner of Wagner Sidlofsky LLP discuss joint accounts where a foreign based deceased who has Canadian assets holds an Ontario account in joint tenancy in, A ...
Zeifmans Celebrates 2017 Nexia Day with Alumni in Toronto
On September 13, 2017, to celebrate Nexia Day, and the enduring relationships we’ve built within our ethnically diverse global community, we invited Zeifmans alumni to visit our office in Toronto, ...
Investing in Real Estate
The right structure to achieve your real estate investment goals Investing in real estate can be a sound business move, especially for those looking to diversify their holdings or optimize ...
The building blocks of success(ion planning)
Many entrepreneurs and business owners avoid succession planning because they think of it as something that will happen far off in the future, or as an indication of the end ...
Significant U.S. tax exposures for Canadian family trusts with U.S. beneficiaries or U.S. Settlors/Grantors
As most are aware, the IRS has undertaken an initiative to identify unreported foreign income of U.S. taxpayers. While most of the attention has been focused on U.S. expatriate citizens ...
Own land in an Ontario corporation? Learn the new rules that apply
If an Ontario corporation owns land in Ontario, it is now required to prepare and maintain registers of ownership interests in the land at it’s registered office. The register must ...
Highlights of the proposed Trump Tax Plan
President Donald Trump has released a brief document outlining what his administration is calling “the biggest tax cut in U.S. history”. Canadians should not assume the proposed Trump Tax Plan ...
Top Ten Real Estate Financial Management Tips for in 2017
Real estate has been one of the hottest investment vehicles across Canada in recent years, and 2017 is shaping up to be no different. To make sure your real estate ...
2017 Federal Budget Commentary
March 22 marked the release of the 2017 federal budget (Budget) of the Justin Trudeau Liberal Government. The Budget was clearly impacted by the shift in policies of the recently ...