by Cross Border Financial Planning Team | Dec 11, 2019 | Investment Planning, Retirement Planning, Tax Filing Requirements
It’s become increasingly popular for Canadians to relocate to the US for work purposes; often, Canadian professionals are sponsored by their employers through a work permit. Some choose to pursue a green card and, ultimately, US citizenship, while others choose to...
by Tarun Suri CPA, CA, QAFP | Nov 12, 2019 | Investment Planning, Retirement Planning, Tax Filing Requirements
The 2019 Canadian federal budget proposed an important change to the way stock options are taxed. With the Liberals now re-elected, and with “closing the tax loophole” being a popular platform stance during the election campaign, it’s more certain than ever that the...
by David A. Altro and Matt C. Altro | Aug 23, 2019 | Article, Investment Planning, News, Tax Planning
Globe & Mail – How to Get an ‘A’ in Cross-Border Education Planning We are very excited to announce that Matt Altro and David Altro were invited to prepare a special for The Globe and Mail, which was published on June 17, 2019. Their article...
by Tarun Suri CPA, CA, QAFP | Jun 13, 2019 | Investment Planning, Tax Filing Requirements, Tax Planning
It’s not uncommon for high net worth US citizen living in Canada to earn a substantial part of their income through a US business. Conventional wisdom may dictate to leave the corporate surplus within a corporation to benefit from tax deferral. Consequently, these...
by Edwin Wong CFA, CAIA, FRM | May 16, 2019 | Investment Planning
Opportunity Zone Investments Over the past few months, some US-based clients have asked me about opportunity zones and opportunity zone funds. As I had never heard of these investments before, I jumped at the opportunity, so to speak, to find out more about them. ...
by Tarun Suri CPA, CA, QAFP | Mar 28, 2019 | Investment Planning, Tax Filing Requirements, Tax Planning
High net worth US citizens already have significant restrictions and onerous compliance obligations to manage when living in Canada. While several issues can be remedied by following simple guidelines, such as avoiding a Canadian TFSA, other issues can fall under...