by Bram C. Lucht, B. Comm., F.Pl. | Jan 31, 2018 | Tax Planning
It’s wintertime! And as you shovel your car out of a snowbank, I’m sure you’ve fantasized about moving down south and leaving this cold, Canadian weather behind. One important factor you should be aware of prior to packing up and moving away is the...
by Sherry Zheng CPA (Delaware), MTax | Jan 25, 2018 | Tax Filing Requirements, Tax Planning
Withholding Tax on Rental Income Paid to US Persons in Canada If you are an American investor in the Canadian rental market, you are required to pay income tax in Canada. Generally, when you receive rental income in Canada, the payer (the tenant or an agent) has to...
by Elena Trigiani | Jan 22, 2018 | News, Tax Planning
We are very pleased to share that David Altro and Matt Altro were asked to prepare a special for The Globe and Mail, which was published on January 18, 2018. Their article titled “US citizens living in Canada: Beware these five tax traps” provides critical information...
by Matt Altro | Dec 14, 2017 | Tax Planning
2018 is almost here, and as 2017 comes to a close, Republicans in the US Congress are racing to pass the widest-sweeping legislation to reform US tax since the 1980s. Below is a comparison of the Senate and House versions of the tax reform bills, with a focus on four...
by Bram C. Lucht, B. Comm., F.Pl. | Aug 9, 2017 | Tax Planning
“The foundation of every state is the education of its youth.” – Diogenes Although taxes are higher and winters are colder, Canada has many qualities that attract more and more US citizens and their families north of the 49th parallel – stricter gun laws and...
by Sherry Zheng CPA (Delaware), MTax | Aug 9, 2017 | Tax Planning
In the future, private companies’ tax planning may be restricted due to the release of Department of Finance’s recent 63-page consultation paper on July 18, 2017, along with proposed legislation and notes on some of the topics addressed. This paper includes...
