It’s that time of year when Canadians wintering south of the border begin to realize that fairly soon they will be packing their things and making the long trip north again. Some of them will do so willingly, eager to get back to friends and family, others will consider extending their stay by another couple of [...]
David A. Altro is a frequent contributor to Paul Delean's business column in the Montreal Gazette, please scroll down to read David's answer to the second question. Tax strategy: Rental income from U.S. must be reported PAUL DELEAN The Gazette Wednesday, March 20, 2013 Florida rental properties and the calculation of Old Age Security benefits were [...]
Parents want what’s best for their children and will go to great lengths to see them succeed and help plan for their futures. Many parents have turned to trusts to provide their children with more sophisticated tax and estate planning to help them financially down the road. Generally, parents look forward to the day when they [...]
As we continue to grow, we are pleased to announce that on February 19, 2013 our Toronto office moved to larger premises. Please update your records to reflect our new coordinates (below). 155 University Avenue, Suite 300 Toronto, Ontario M5C 1T6 Tel: 416-477-8150 Should you have any questions or concerns regarding our relocation, please do not [...]
The second edition of the book Owning U.S. Property - the Canadian Way by David A. Altro has been available for just over a year and has experienced great success and received praise by readers. In order to make the book more available, we have very recently released it as an eBook for the Kindle. The [...]
David A. Altro is a frequent contributor to Paul Delean's business column in the Montreal Gazette. Click here to view the article online or scroll down to read David's answer to the second question. Tax strategy: Transferring U.S. property can be costly PAUL DELEAN The Gazette Monday, January 21, 2013 What happens to RRSPs when the [...]
One of the key pillars to estate planning is preservation of wealth by keeping assets away from one’s creditors throughout one’s lifetime. Often, it is the principal residence that is considered a person’s most valuable asset and within reach of creditors in order to satisfy their claims. I recently met with my client Roy and Julie, [...]
David A. Altro is a frequent contributor to Paul Delean's business column in the Montreal Gazette. Click here to view the article online or scroll down to read David's answer to the second question. Pensions will be paid to Canadians living in U.S. PAUL DELEAN The Gazette Monday, January 7, 2013 Moving to the U.S., buying [...]
Just hours before midnight on New Years Eve, the US Senate hammered out a tentative deal to avoid sending the country over the Fiscal Cliff. Yesterday, a reluctant, Republican-controlled House of Representatives has also blessed the plan, which deals with many of the major tax issues at stake, while pushing back the spending issues to later [...]
