Insights

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 ...

According to 2016 Census of Agriculture, there are 193,492 farms operating in Canada.  While the total number of farm operators is declining, the average age of a Canadian farmer is increasing, with ...

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 ...

The Alcohol and Gaming Commission of Ontario (AGCO) has recently announced that legal cannabis stores in the province will not be able to offer online retail services to their consumers[1]. ...

It’s been estimated that by 2020, 73%[1] of organizations will have transitioned at least 80% of their apps to SaaS solutions. In 2018, Gartner predicted a 23% spike in SaaS ...

At Zeifmans, we’ve spent decades working closely with small business owners as they set goals for the future, create strategies to achieve them, and develop the infrastructure to maintain that ...

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 ...

Come October of this year, the Canadian recreational cannabis market can expect a flood of new products. And while the Canadian government has only released draft guidelines as of yet, ...