Much has been written about the planning issues of Canadians moving to the U.S. But how many advisors are aware of the issues Americans face when they move to Canada or already reside here? Many U.S. citizens move to Canada and stop filing U.S. tax returns because they’re unaware it’s still required of them. But […]
For readers of my original article in the November issue of Advisor’s Edge (Read: U.S. estate tax laws are changing), I have reviewed the U.S. estate tax regime for 2009, including the prospects for the extension of the US$3.5 million exemption for future years. After the article was published, in early December, the U.S. House […]
In early September, the U.S. Family Research Council (FRC) and the American Family Business Foundation released a report analyzing the effects of maintaining the estate tax on jobs, government revenues, and economic growth. Their report, “Repealing Death Tax Will Create Jobs and Boost Economy,” combined two recent analysis of the estate tax by a former […]
An awful lot is going on south of the border these days. The health care debate has received all the hype and attention of late. Another area that will likely come under the microscope by year-end: The U.S estate tax. The U.S. imposes a death tax on the right to transfer property at the decedent’s […]
Some years I wonder why I do it? The long hours. The time away from my family. The last-minute procrastinators. Given that our fee-only practice specializes in comprehensive fi nancial planning for affl uent individuals with challenging Canada/U.S. fi nancial, tax and estate matters, for many of our clients tax season doesn’t end on April […]