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Question Hi I’ve had a terrible year dealing with these new transition tax rules and I’ll be looking for a new cross border accountant once my current accountant gets through the...
Question Hi Phil I got your email from a client of mine and I hope you can help me sort through some issues. I would be more than happy to schedule...
We've seen a huge number of American's move from the US to Canada over the last few years. Some suggest this is in part because of the "Trump effect", however it's more likely that these individuals had...
A big thanks to Sybil Verch and the crew at the Wealthy Life for having us down for the show. Although the segment was relatively brief we were able to touch on a few key cross border tax and...
Question I’ll be moving to Ottawa from Boston late this year and I’ve been working through some financial planning with my broker. While doing some research online I came across your cross border tax articles, specifically the ones outlining IRA...
Question I read your article on Canadian voluntary disclosure and T1135 late filing forms. I wanted to ask about how I would go about filing these late forms given the changes to the program. I’ve had my taxes done by a...
We meet with a lot of clients who are looking for some guidance on how to handle their US investment accounts. Whether they have moved from the US or inherited US assets from family members these individuals often have...
The IRS recently announced the new "simplified" 2018 1040 form. The new version of the 1040 replaces the older 1040, 1040-A and 1040-EX forms. Trump announced the "simplified change" to the 1040 last year, however many are not so...
With the significant price appreciation of Bitcoin and other related cryptocurrencies at the end of 2017, we saw the media and general public question the validity, valuation and future of these assets. Being involved in cryptocurrencies myself and advising...
I've started this post to help those having trouble answering their Canada-US cross border expat tax and financial planning questions. Please leave your question in the comments and we'll do our best to help answer. Also don't forget to keep...