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. ...
Guiding your business from launch to M&As: check out our video series
Navigating business growth can be overwhelming. Through Zeifmans Entrepreneurship in Focus initiative, we’re supporting companies by sharing fundamental insights tailored to Canadian businesses. Our 5-part Entrepreneurship in Focus video series ...
Hello IRS, anybody home? The IRS continues to dig out from under reams of paper
If you feel like the IRS is not heeding your call, you are not alone. As the IRS continues to dig itself out of its pandemic-induced backlog, taxpayer service has ...
Financing Canadian land development
At Zeifmans, we’ve supported countless clients throughout every phase of the land development process. Over the years, we’ve honed our knowledge of best practices for financing these large and often ...
Land development and sale | The final installment in a 3-part land development series
Earlier in this blog series, we covered the strategy of land banking, and discussed the important factors requiring consideration during the planning phase in our 3-part land development series. Today, ...
Tax Tips for PRECs
In our recent blog, we took a look at some of the opportunities now available to Ontario realtors through Bill 145. Essentially, the bill allows real estate agents to avail ...