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 Victoria Zaremba | Mar 7, 2025 | Featured, Featured, Immigration, Tax Filing Requirements, Tax Planning, Tax Planning
On February 25, 2025, President Donald Trump introduced a bold proposal for a new immigration pathway targeting wealthy foreign investors. This initiative, dubbed the “gold card,” aims to replace the criticized EB-5 Immigrant Investor Program, which has...
by Jessica Lachance | Feb 10, 2025 | Featured, Featured, Immigration, Tax Filing Requirements, Tax Planning, Tax Planning
Originally, the Canadian government’s 2024 budget announced a controversial increase to the capital gains inclusion rate from 50% to 66.67% that was to have taken effect on June 25th, 2024. The increase was to have been far-reaching, affecting individuals,...
by Adam Birzgalis | Feb 10, 2025 | Featured, Featured, Immigration, Tax Filing Requirements, Tax Planning, Tax Planning
Tariffs, Trade Tensions, and the Impact on Investors: What You Need to Know: As a cross-border advisory firm serving both Canadian and American clients, we’ve been receiving a lot of questions around Trump’s proposed tariffs on Canada, Mexico, and China and what it...
by Nancy Zheng, B. Comm, CPA, CMA | Feb 3, 2025 | Featured, Featured, Tax Planning, Tax Planning
In my previous blogs, I discussed the tax implications for Canadian non-residents owning Canadian rental property and the considerations at the time of departure from Canada. In this blog, I would like to now shift the focus to U.S. residents who own U.S. property and...
by Jonah Ravel B.A., F.Pl., CFP® (Canada), CFP® (US) | Jan 14, 2025 | Featured, Featured, Health Coverage & Insurance, Immigration
In our cross-border space, the penalizing provision in US Social Security law known as the “Windfall Elimination Provision” (WEP) has always been a thorn in our side. Though not initially designed to punish Canadians, the WEP has, many would say unfairly, imposed a...
