By now, you’ve likely heard the buzz about Artificial Intelligence (AI) and the profound impact it’s predicted to make on just about every industry across the globe. In the one-year ...

The IRS has released new forms required for US citizens who own foreign (e.g. Canadian) corporations which are treated as Controlled Foreign Corporations (CFCs) for US tax purposes. The penalties ...

Finance Minister Bill Morneau released his 2019 Federal Budget on March 19, 2019.  The Budget forecasts a deficit of $14.9 billion for the 2018-2019 fiscal year, but is expected to ...

As part of the US tax reform in late 2017, US citizens who owned Canadian corporations which are CFCs were subject to a repatriation tax on an amount approximating the ...

While a number of US states have legalized marijuana and cannabis based products for medical and/or recreational use, the US federal tax rules take a harsh perspective on the deductibility ...

If you’re a tech entrepreneur, you’re well aware of the “sink or swim” environment within which your company operates. The fact is that only 3% of startups make it into ...

In November 2018, Zeifmans hosted two TOSI (Tax on Splitting Income) & 2018 Tax Update Breakfast and Learns at our office, in Toronto, Canada. Presenters, Jonah Bidner and Nathan Jung discussed ...

Have you ever thought about using Airbnb for extra income? Since Airbnb launched in 2009, it has become a dominating player in the hospitality industry, offering those seeking overnight stays ...

With the number of medical cannabis patients expected to rise to 450,000 by 2024[1], Canada is desperately in need of a better system for prescribing and dispensing medical cannabis. The ...