As the CRA prepares to double its prescribed interest rate on July 1, now is the time to take advantage of an income-splitting exception to the attribution rules. When handled ...

Building a successful family business takes time, strategy and sacrifice. Entrepreneurs face a multitude of challenges while growing a company, but one of the greatest is often succession planning.  ...

Finance Minister Chrystia Freeland presented the 2022 Federal Budget to a divided House of Commons on April 7, 2022. The Liberal and NDP parties have recently agreed to a confidence ...

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 ...

Now that medical school is behind you and you’re ready to begin your career, starting your own healthcare practice may look appealing. And there’s good reason for that. Startups in ...

The Canadian government has moved quickly to offer economic relief and adjust tax regulations to benefit businesses and workers hit by economic challenges. To help you get up to speed, ...

Revised as of January 14, 2022 The Canadian Government is preparing to implement changes to the reporting requirements for Canadian resident and non-resident trusts deemed resident in Canada. Though these ...

Employers in Canada’s emerging industries like cannabis, psychedelics, and agritech are concerned about how upcoming changes to the taxation of stock options will impact their ability to recruit top talent. ...

International tax is complicated at the best of times, but CRA’s new T1134 form really kicks it up a notch. Thankfully, the team at Zeifmans has plenty of experience in ...