The 2023 Federal Budget, presented by Finance Minister Chrystia Freeland on March 28, forecasts a $43 billion dollar deficit, with both spending cuts and tax increases. High income individuals may ...
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 ...
Thinking about income splitting to achieve your investment goals? Act fast, the minimum interest rate will double on July 1
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 ...
Aligning leadership priorities for a smooth transition of power in your family business
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. ...
New estate law protects Ontarians’ wills after remarriage
Estate law reformers in Ontario are celebrating a major milestone. As of January 1, 2022, new legislation came into effect that – amongst many other changes – says existing wills ...
10 questions you should ask before hiring an accountant for your healthcare practice
Running your own healthcare practice involves making many crucial decisions, including selecting the right accounting firm. An experienced accounting firm will give you the support and 1:1 attention you need, ...
US Court of Appeals Applies a Multi-Million Dollar Penalty on a Trust Distribution
In a recent case, the US Court of Appeals has upheld a significant penalty against the owner and beneficiary of a foreign trust distribution who did not file timely returns. ...
How Bill C-208 will ease the tax burden on family business
Family business is the backbone of the Canadian economy. When a family business is passed down to the next generation, we see so many positive ripple effects in the economy: ...
Canadian real estate trends + opportunities in 2021
Looking back at initial predictions for the Canadian real estate market at the beginning of the COVID crisis, you might think you were reading a dystopian nightmare. All logic pointed ...