The new tax bill will have significant implications for Canadians residing in the U.S. For most, the new bill will lower tax rates, which is always welcome. However, a provision in the bill might make it nearly impossible to retire…
Read More How The New Tax Bill Impacts Canadians in the U.S.
Tax planning is the key to living a stress-free cross-border retirement. Often, we focus on tax strategies during retirement. However, many of our clients are still employed, and long-term tax planning while working is just as important. Today, we discuss…
A new provision in the "Big Beautiful Bill" could more than double Canadians' taxation on U.S. investments. In this video, we discuss the changes, who may be impacted, accounts that will be affected, and strategies to minimize the potential new tax.
Typically, any work will help increase your U.S. Social Security benefits. However, we have one client who lost almost all of his current Social Security benefits by taking a part-time job in retirement. In this video, we discuss how Social…
Read More Cross Border Retiree: How Part Time Work Impacts Social Security
Do you know that the failure to file a single tax report can result in $10,000 a year in penalties? This is just one of many mistakes that we see cross-border retirees make, which can lead to financial hardship. In…
Read More Avoid These 5 Costly Cross-Border Financial Mistakes!
Many of our clients tell us how they moved to the States 20 years ago on a "temporary" work assignment. Now, they are planning to move back home, but financially, things have gotten much more complicated. They have retirement accounts…
Organize Your Cross-Border Retirement Cross-border planning can be confusing. You have retirement accounts and benefits in two countries, taxes you must plan for in two jurisdictions, and an unpredictable exchange rate. We have created this checklist so that you can…
After living in the U.S. for the past ten, twenty, or thirty years, the last thing you probably want to do is start filing Canadian tax returns again. The good news is that most income sources from Canada do not…
Read More Do I Need to File a Canadian Tax Return Living in the U.S.?
"My RRSP has been stuck in Canada for over 20 years. What can I do about it?" This is a common question we receive when going through a cross-border retirement plan. In this video, we discuss the best RRSP withdrawal…
Read More What Should I Do With My C$350,000 Canadian RRSP in the U.S.?
A recent bill proposed in the House would potentially eliminate Social Security benefits for families that leave the U.S. and are not U.S. citizens. This has caused many people to ask if they should get their U.S. citizenship. Today, we…
Read More Should a Canadian Green Card Holder Get U.S. Citizenship?
