Treatment of Qualified Small Business Stock (“QSBS”) is a prized tool for founders to raise capital and for early investors to utilize in building equity that can be practically tax ...
US Tax: Is the One Big Beautiful Bill For Me?
You’ve seen the red-carpet rollout for President Trump’s One Big Beautiful Bill (OBBB), the flurry of articles, webinars and analysis that ensued, but are still wondering…what does this have to ...
Selling a U.S. Property – Should One File a Form 8288 for a Deduction in U.S. Taxes?
Canadians who want to sell their vacation properties in the U.S. are surprised to discover that the IRS requires 15% withholding on the gross proceeds they will receive on the ...
Attention Snowbirds: Your U.S. Stay May Trigger Tax Obligations
For Canadian snowbirds who spend extended periods in the U.S., it’s important to be aware that your time south of the border could trigger U.S. tax filing requirements. Even if ...
Net Investment Income Tax Ruling, and Good News for US Expats
IRS Overruled & Potential Refunds If you are a US expat taxpayer, the latest court ruling comes as welcome news to you. A US federal court has overturned a controversial ...
What Trump’s Victory Means to Canadians Doing Business in the U.S. and American Expatiates Living in Canada
Donald Trump’s victory coupled with what appears to be a Republican sweep of both houses of Congress sets the stage for tax legislation to be passed early in Trump’s term. ...
Cross-border success for non-resident business owners
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 ...
More than life insurance
Most of us consider life insurance to be an important personal tool, offering peace of mind and financial protection in the event of an emergency. And while that is indeed ...
Treasury Department and IRS announce extension for US federal income tax filing
All US individuals and corporations with April 15, 2020 tax deadlines have had their US federal income tax deadlines for filing and payments extended from April 15, 2020 to July ...