Max Reed – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 11 Jul 2023 16:07:30 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Max Reed – Advisor's Edge https://phoenix.advisor.ca 32 32 A perfect storm is brewing for non-compliant U.S. taxpayers abroad https://phoenix.advisor.ca/tax/tax-news/a-perfect-storm-is-brewing-for-non-compliant-u-s-taxpayers-abroad/ Mon, 04 May 2020 18:23:31 +0000 https://www.advisor.ca/?p=179727 Subtle changes mean clients may want to act soon

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]]> Tax issues when Canadians have U.S. executors https://phoenix.advisor.ca/tax/tax-news/tax-issues-when-canadians-have-u-s-executors/ Thu, 13 Jun 2019 20:00:24 +0000 https://www.advisor.ca/?p=166953 Tips to avoid cross-border complications

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]]> Pleading not GILTI: tax deferral strategies for Canadian-resident U.S. citizens https://phoenix.advisor.ca/tax/tax-news/pleading-not-gilti-tax-deferral-strategies-for-canadian-resident-u-s-citizens/ Fri, 23 Feb 2018 11:56:46 +0000 https://avatar.advisor.ca/uncategorized/pleading-not-gilti-tax-deferral-strategies-for-canadian-resident-u-s-citizens/ The story behind global intangible low-taxed income

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]]> 4 structures to protect Canadians from the U.S. estate tax—updated https://phoenix.advisor.ca/columnists_/max-reed/4-structures-to-protect-canadians-from-the-u-s-estate-tax/ Tue, 20 Feb 2018 11:52:52 +0000 https://avatar.advisor.ca/uncategorized/4-structures-to-protect-canadians-from-the-u-s-estate-tax/ Canadian residents who aren’t U.S. citizens may be surprised to know that U.S. estate tax can apply to them

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]]> Renouncing U.S. citizenship after U.S. tax reform https://phoenix.advisor.ca/columnists_/max-reed/tax-consequences-of-renouncing-u-s-citizenship/ Tue, 20 Feb 2018 05:59:50 +0000 https://avatar.advisor.ca/uncategorized/tax-consequences-of-renouncing-u-s-citizenship/ Renouncing is a personal decision with a number of pros and cons

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]]> Clients may risk steep penalties if they don’t file U.S. tax forms https://phoenix.advisor.ca/columnists_/max-reed/clients-may-risk-steep-penalties-if-they-dont-file-u-s-tax-forms/ Wed, 29 Mar 2017 14:15:51 +0000 https://avatar.advisor.ca/uncategorized/clients-may-risk-steep-penalties-if-they-dont-file-u-s-tax-forms/ Haven’t filed all your required U.S. tax paperwork? If you’re really unlucky, you might get sued.

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]]> Tax effects of inheriting money from the U.S. https://phoenix.advisor.ca/columnists_/max-reed/tax-consequences-of-inheriting-money-from-the-u-s/ Tue, 25 Oct 2016 15:10:39 +0000 https://avatar.advisor.ca/uncategorized/tax-consequences-of-inheriting-money-from-the-u-s/ Problems for Canadian residents who inherit from U.S. trusts

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]]> Can clients ditch U.S. citizenship retroactively? https://phoenix.advisor.ca/columnists_/max-reed/is-it-possible-to-ditch-u-s-citizenship-retroactively/ Fri, 30 Sep 2016 12:05:11 +0000 https://avatar.advisor.ca/uncategorized/is-it-possible-to-ditch-u-s-citizenship-retroactively/ Whether for ideological reasons or tax complications, many people want to shed their U.S. citizenship.

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]]> Ease your clients’ PFIC pain https://phoenix.advisor.ca/columnists_/max-reed/ease-your-clients-pfic-pain/ Fri, 16 Oct 2015 00:00:00 +0000 https://avatar.advisor.ca/uncategorized/ease-your-clients-pfic-pain/ Don’t assume all Canadian mutual funds fall into the PFIC trap

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