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  Written by: Lydia Ahn Family offices are essential in managing the wealth of high-net-worth families, offering personalized financial services tailored to each family’s unique needs. As family offices seek diversification and growth opportunities, cross-border investments are becoming increasingly significant. These investments offer a way to mitigate risks and tap into high-growth markets worldwide.  Cross-border […]

  Written by: Emma Raivio, CPA Expanding your business through a merger or acquisition in the United States offers numerous opportunities but also comes with a range of complexities. Understanding the cross-border considerations is essential for Canadian business owners to ensure a smooth and successful transaction. This article outlines key planning factors and tax considerations […]

  A dominant or controlling shareholder may, for valid business reasons (e.g., to improve the marketability of an investment), voluntarily surrender shares to the capital of a corporation, which raises questions of how the surrender impacts the other shareholders in the corporation. In PLR 202406002, the IRS ruled that a proposed voluntary surrender of shares […]

  For high-net-worth individuals, the art of wealth transfer extends beyond merely providing financial assistance to future generations; it is about strategically positioning the next generation for personal success. Unfortunately, it also requires navigating a complex landscape of income, gift, and estate taxes.   Many individuals want to provide financial assistance to family members to help […]

  Written by: Matt Roetcisoender, CPA, CVA The Tax Cuts and Jobs Act (TCJA) of 2017 significantly changed the tax landscape, benefiting many taxpayers, particularly business owners. However, these provisions are set to expire after 2025, which means strategic tax planning is crucial to maximize current benefits and prepare for the upcoming changes. This article […]