Finance Minister Chrystia Freeland presented the 2022 Federal Budget to a divided House of Commons on April 7, 2022. The Liberal and NDP parties have recently agreed to a confidence ...
Hello IRS, anybody home? The IRS continues to dig out from under reams of paper
If you feel like the IRS is not heeding your call, you are not alone. As the IRS continues to dig itself out of its pandemic-induced backlog, taxpayer service has ...
How to launch your first healthcare practice
Now that medical school is behind you and you’re ready to begin your career, starting your own healthcare practice may look appealing. And there’s good reason for that. Startups in ...
Preparing for the 2022 tax season
The Canadian government has moved quickly to offer economic relief and adjust tax regulations to benefit businesses and workers hit by economic challenges. To help you get up to speed, ...
More comprehensive reporting requirements coming for Canadian trusts
Revised as of January 14, 2022 The Canadian Government is preparing to implement changes to the reporting requirements for Canadian resident and non-resident trusts deemed resident in Canada. Though these ...
Will stock option taxation changes hurt hiring?
Employers in Canada’s emerging industries like cannabis, psychedelics, and agritech are concerned about how upcoming changes to the taxation of stock options will impact their ability to recruit top talent. ...
Got foreign affiliates? Here’s what you need to know about the new T1134 form
International tax is complicated at the best of times, but CRA’s new T1134 form really kicks it up a notch. Thankfully, the team at Zeifmans has plenty of experience in ...
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 ...
Family and corporate governance: A powerful combination
One of the most valuable qualities that family businesses share is intimacy – that is why family and corporate governance is so important. Not only do the team members know ...