Clients who winter in the U.S. may soon be able to stay longer
Acquisition will expand service offerings of both firms for their cross-border clientele
An increasing number of Canadian clients are working or doing business in the U.S. They may face strict U.S. tax requirements
When Heather, a Canadian nurse, marries Jack, an American doctor, she will have a number of loose ends to tie up before she moves to Chicago and gives birth to their child. Three cross-border experts offer their advice
Clients who hold U.S. citizenship may be unaware of certain tax consequences, says BMO tax expert.
Terry Ritchie, cross-border tax and estate planning expert, discusses how Americans living in Canada could be hit by a 3.8% surtax on passive income brought in under recent U.S. health care legislation. He spoke to Rudy Mezzetta, reporter with Investment Executive at the TMX Broadcast Centre in Toronto.
An extra hit on investment income for Americans, including those living abroad, could be a real source of financial pain
Many IRS measures specifically target foreign taxpayers meaning plenty of Americans in Canada will be impacted
U.S. taxpayers, including one million living in Canada, will have to file tax returns with the IRS for the last three years
Faced with a job opportunity in Houston, Tom and his wife, Sarah, should examine the implications that a move to the U.S. would have in the short, middle, and long term, as they plan to return to Canada upon retirement