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Question Hi Phil I found your website online after doing some research. Please let know the charge to answer my questions (do you accept paypal?) I received an inheritance from my mother's estate last month. It will take until 2021 to have...
In addition to income reporting tax forms we also need to complete informational reporting forms for our clients. One example of such forms is form T1135 - foreign income verification statement. What is Form T1135? According to CRA's official website the...
The conversation below was between myself and a gentlemen asking some questions online. I decided to post it here as it may help others thinking of moving to Canada from the US. The decision to move to Canada from the...
Question Hi Phil I've just recently joined the Americans in Canada Facebook page and have been following your posts. All good stuff. We moved to Kelowna last year from California and have a few questions related to our investments in the US. I'm...
On October 30th,  Immigration, Refugees, and Citizenship Canada (IRCC) released its Immigration Levels Plan for 2021 to 2023. The announced targets are history-making, with never-before-seen goals for each of the coming three years. Specifically, the country hopes to welcome: ...
As we enter the second week of October, a decision on a second stimulus payment is far from imminent. But here is a brief update of what you might watch for in the days leading up to Election Day: ...
In my blog on September 21st, I detailed the recent flurry of regulatory posturing and reactions to the leak of 2,657 documents known as the FinCEN files. Briefly, as BuzzFeed News (BFN) summarizes: "The FinCEN Files expose an underlying truth...
Second Stimulus Payment

Update: Second Stimulus Package

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I noted in a recent blog that even though Democrats and Republicans have been vocal about the need for some form of a second stimulus package to pick up where the original CARES program left off, both parties have...
With the recent leak of 2,657 documents known as the FinCEN files, a spotlight is again on the relationship between international banks, Russian oligarchs, and the laundering of dirty money. The leaked documents reveal how some of the world’s...
Although the number of Americans decreased slightly in the past week, the pressure on individuals and families running out of benefits under the CARES Act only increases as the economy continues to grind toward recovery. And the recovery itself...
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