All US individuals with April 15, 2021 tax deadlines have had their US federal income tax deadlines for tax filings and extension payments extended from April 15, 2021 to May ...
US Tax Bulletin: Summary of Biden’s potential proposed tax increases
During his presidential campaign, President-elect Joe Biden had proposed a number of tax changes which could impact US expatriates’ resident in Canada. With the recent Georgia Senate win, Biden’s Democratic ...
The wisdom continues with Zeifmans’ Non-Resident Digital Event Series: High Net Worth Edition
Our Non-Resident Digital Event Series continues, with our second installment, “High Net Worth Edition: Legacy, Preservation, and Optimization”, serving up more wisdom from three new industry experts. Continuing our earlier ...
Executor and beneficiary: Know your role
When a person passes away, there are several important duties to be performed in order to fully carry out their financial wishes. Simply having a will isn’t enough to make ...
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 ...
How to minimize or defer taxation on your trust’s 21st anniversary
At the 21 year mark, a trust is deemed to have disposed all of its assets at fair market value. And while that doesn’t mean that the beneficiaries lose the ...
The cross-border implications of life insurance taxation
The purpose of life insurance is to provide tax-free funds to those we love in the event of our passing. Ultimately, we want the policy to offer more than just ...
The Canada Emergency Wage Subsidy (CEWS): Revised, reworked and extended
On July 17, 2020 the Federal Government proposed significant changes to the Canada Emergency Wage Subsidy (“CEWS”) effective as of July 5, 2020. These changes follow from a consultation process ...
Building a legacy wealth plan: Strategic planning expert Jonah Bidner shares what you need to know
In this uncertain time, the last thing you need to worry about is the future of your legacy wealth plan. It’s impossible to accurately forecast everything that will take place ...