by Adam Carris | Mar 10, 2025 | Featured, Featured, Health Coverage & Insurance, Immigration
Many Canadians who live in the U.S. will eventually inherit assets from Canadian parents, but few realize that this can trigger important tax and reporting implications. Although Canada does not impose an inheritance tax, complying with U.S. tax laws is...
by Adam Carris | Oct 1, 2024 | Featured, Featured, Immigration, Tax Filing Requirements, Tax Planning, Tax Planning
Moving from the United States to Canada is a significant life change, especially for US citizens and long-term Green Card holders. One major tax concern that can arise during this transition is the imposition by the IRS of the punitive “Covered Expatriate” status,...
by Adam Carris | Apr 29, 2024 | Investment Planning
Moving to a new country can be an exciting opportunity filled with new experiences and unforeseen challenges. For U.S. and Canadian citizens crossing the border, one significant challenge is managing exchange rate risk, especially when all their funds are denominated...
