Insights
Keeping it in the Family: Estate Planning for Business Owners
Running a family business isn’t just about today—it’s about building something that lasts for generations. That’s where estate planning comes in. It’s not just about legal documents and tax strategies; ...
Insights
Important Medical Practice Accounting Milestones
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 ...
That’s a big move: Relocating your healthcare practice to another province
Unfortunately, moving your medical practice requires as much hoop-jumping as setting it up. When relocating, you have several options to choose from, each with different processes and considerations. Let’s dive ...
The IRS Provides Guidance for Setting Interest Rules on Intercompany Loans
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 ...
Navigating Canada’s Latest Trust Reporting Legislation Changes
The government’s new federal trust reporting rules will increase disclosure requirements, affecting a wide range of Canadian trusts. Originally, the federal government introduced significant changes to trust legislation in 2018 ...
How to Avoid and Address Common Pitfalls in the Retail Industry
Retail is akin to war games practiced in the military with traps designed to test your skills and produce failure for the unwary. The challenge is to see them coming ...
Don’t Throw in the Towel Yet: How Startups Can Extend Their Best Before Date and Achieve Profitability
Running out of funds is the single biggest killer of startups, that’s why understanding what to focus on and how to manage cash flow are essential to achieving profitability. To ...
Get Ready for 2024; It’s Time for Some Belt Tightening
Are you wondering what strategic measures enterprises can undertake to position themselves favorably for 2024? In this blog, we will delve into the prevailing economic landscape in Canada, the United ...
Congratulations Jane Xu!
We are proud to congratulate Jane Xu (Team SIR) on successfully completing the 2023 Common Final Exam (CFE) and continuing her professional journey towards becoming a Chartered Professional Accountant. Congratulations on this significant achievement! All ...
Tax Insights: 2023 Fall Economic Statement (FES 2023)
On November 21, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland introduced the 2023 Fall Economic Statement (FES 2023) on behalf of the federal government. These measures aim ...