by Matt C. Altro B. Comm., F. Pl., CFP® (CAN), CFP® (US) | Oct 30, 2024 | Article, News
With Americans headed to the ballots, their neighbours to the North will be watching the results since they know the impact of U.S. elections on Canada is well documented. But what specifically might affect the Canadian economy this year, if Trump or Harris wins?...
by Matt C. Altro B. Comm., F. Pl., CFP® (CAN), CFP® (US) | Oct 12, 2024 | Article, News
You rely on life insurance when you need it most. Make sure you understand the complexities that cross-border planning has on your life insurance so that it is there when you need it. Recently, Matt Altro, our President & CEO, spoke with The Globe and Mail to get...
by Matt C. Altro B. Comm., F. Pl., CFP® (CAN), CFP® (US) | Oct 11, 2024 | Article, News
At MCA Cross Border Advisors, our clients are often concerned about the whipsaw of American politics and how it will impact their unique situation. Recently, Matt Altro, our President & CEO, was interviewed by Wealth Professional to get his take on how the...
by Jonah Ravel B.A., F.Pl., CFP® (Canada), CFP® (US) | Feb 14, 2024 | News, Tax Planning
Canadians moving to the U.S. often ask about tax saving opportunities which await them as future U.S. residents. One such opportunity available to U.S. residents that we love explaining due to the powerful tax benefits it provides is the Health Savings Account or...
by Sherry Zheng CPA (Delaware), MTax | Dec 22, 2023 | News, Tax Planning
The 2023 federal budget announced significant changes to the Alternative Minimum Tax (AMT) regime to better target the AMT to high‑income individuals. On August 4, 2023, the Department of Finance released draft legislative proposals to modify the AMT regime, effective...
by Jonah Ravel B.A., F.Pl., CFP® (Canada), CFP® (US) | Jul 21, 2023 | News, Tax Planning
With skyrocketing mortgage interest rates upon us, now may be an opportune time for a refresher on the cross-border differences in mortgage interest tax deductibility in Canada and the U.S. Canadian Rules There’s a reason why Canadians are famously averse to mortgage...
