If you’re borrowing funds to support business growth and or investment growth, you may be eligible to deduct interest on your business or property income under the Income Tax Act.   ...

This year’s Federal budget marked the first increase to the Capital Gains inclusion rate since 2000, an announcement that many criticized as having significant consequences on both high income and ...

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 ...

This year has seen significant shifts in tax regulations, making it a particularly volatile period for businesses. Three major tax changes have surfaced in recent years:  The Canada Revenue Agency ...

Whether you’re buying or selling a pharmacy, there are several things to keep in mind. As all pharmaceutical entrepreneurs are aware, making the decision to purchase a pharmacy – or ...

The Canadian government’s plan to increase Canada’s capital gains inclusion rate, introduced in the 2024 Federal Budget, has caused growing concern from taxpayers as many consider selling cottages and investments ...

Navigating the ins and outs of a medical practice can be complicated and overwhelming. The first step to any healthcare business is finding a trusted financial and legal team that ...

A recent ruling by the Internal Revenue Service (IRS) holds the potential for substantial repercussions for Canadian corporations possessing U.S. subsidiaries. In this blog, our Zeifmans U.S. tax partner, Stanley ...

Foundational elements of a successful business acquisition (AC Oct 23) final”]In business, there are many ways to grow. At Zeifmans, we’ve spent nearly 60 years assisting our clients in gaining ...