Canadians are smacking their lips over the historically low property prices stateside, but understanding the red tape is key
Pitfalls await the advisor who fails to determine which clients have these connections
Departing Canadians can keep RRSPs in Canada, but U.S. authorities will not consider gains as being tax-exempt
U.S. citizens must file a U.S. tax return every year, no matter where they live
Prices are down by as much as 40% in Florida, but Canadian buyers must be aware of tax, estate and other implications
Rules have had a chilling effect
New requirement for passports effective this month; trend toward electronic tracking will tighten control over length of stay
U.S. citizens are required to file a U.S. tax return every year, even if they don’t live or work in the U.S. That means Americans who live in Canada must file two tax returns each year — one for Canada, one for the U.S. — no matter how long they’ve been here. In order to […]
Advisors who can counsel their clients on these complex issues have the opportunity to deepen the relationship
U.S. estate taxes in flux, author tells CIFPs conference