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Question Hi Phil I stumbled across another of your articles and you may be the guy to help me with my ROTH IRA question. My wife and I will be moving to Vancouver in the summer and I'm wanting to do some...
While Disney’s fiscal second-quarter earnings and revenue were stronger than expected, the company’s long-term outlook may ultimately depend on its highly-anticipated video streaming service (set to debut in 2019) and whether it can close a deal for assets belonging...
The idea for Sarwa – a new low-cost wealth management firm which uses computer-generated algorithms – came to its co-owners after seeing numerous associates in the United Arab Emirates fall victim to fraudulent investment plans which benefited brokers at...
Gennaro Scerbo, a former investment adviser who worked for a branch of RBC Dominion Securities in Winnipeg, has been fined $485,000 – the largest fine in Manitoba’s history – by the Investment Industry Regulatory Organization of Canada (IIROC). Scerbo is...
Canadian taxpayers (including US citizens living in Canada) with US investments may need file CRAs T1135 foreign income verification form. The T1135 form is required whenever a Canadian taxpayer's cost in foreign property is more than $100,000. Some exceptions...
Question I live in XXXXXX, and still a Canadian passport holder, and am a permanent resident of the US. My property on Galiano Island is listed by Sotheby’s, and the home has been for sale since last October. We had an offer...
Outlined below are the 2017 daily US-Canadian exchange rates for use in doing your taxes or foreign currency calculations. The full list of daily rates is included below as well as the 2017 average exchange and year-end exchange rates...
Episode #1 - Moving your IRA to Canada - Cross Border Tax and Financial Planning Podcast In this episode we discuss your options related to transferring your IRA or 401k to Canada. Options discussed include: Withdrawing the IRA as a...
As a non-resident of Canada you are liable for tax and reporting for income earned from Canadian sources. This guide will walk you through the rules and regulations related to each type of Canadian source non-resident income. Non-Resident Withholding Taxes Non-residents...
Question Hi I run a consulting practice in Vancouver and I have a few US clients. Once of my US clients pays me in Bitcoin and Ether (crypto currencies). I receive transfer payments each month. When I do my taxes for...