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Tax Filing Deadline Extensions for U.S. Citizens Living Abroad
Tax Filing Deadline Extensions for U.S. Citizens Living Abroad By Matt Wolch April 18, 2017 April 15 landed on a weekend this year meaning that April 18, 2017 is the [...]
Changes to the Principal Residence Exemption in Canada
Canadian taxpayers will have to report the disposition of property to claim the principal residence exemption.
What is a US Situs Asset?
Canadians who own US situs assets are subject to US estate tax. The concern? The definition of “US situs assets” is broader than many Canadians realize.
Pretext or Profiling?
The Genesis of the 7 Countries Victimized by President Trump’s Executive Order.
Trump’s US estate tax promise & leaving assets to an American
Will Trump make good on his promise to repeal US estate tax? How do these anticipated changes affect Canadians leaving assets to kids living in the US?
File H-1Bs by April 3rd or Wait to Hire Foreign Professionals
File H-1Bs by April 3rd or Wait to Hire Foreign Professionals By Melissa N. Salvador February 1st, 2017 The annual H-1B Cap Season for U.S. companies (other than [...]
Section 1031 Like-Kind Exchanges for Canadian Residents
Section 1031 Like-Kind Exchanges for Canadian Residents By Samantha Wu January 25, 2017 When a Canadian-resident seller sells real property in the U.S., he is required to report the sale [...]
Looming Changes to the Estate Tax Under President-Elect Trump
The US Federal Estate Tax Exemption has risen annually since its confirmation under the American Taxpayer Relief Act of 2012. This year the estate tax exemption stands at $5.49 million USD per U.S. person.
Advisor.ca – EXPECT U.S. ESTATE TAX CHANGES NO MATTER WHO’S ELECTED
Matt C. Altro was recently interviewed by Melissa Shin from Advisor’s Edge to analyze the consequences and opportunities when it comes to crossing the Canada/US border with retirement accounts.
EB-5 Green Card Program Re-extended with no Changes through December
As I’ve mentioned previously, Altro LLP has been keeping a close eye on the outcome of proposed changes to the EB-5 Immigrant Investor Visa Regional Center (“RC”) Program, which was set to expire on September 30, 2016. Amid continuing debate about whether to extend the program in its current temporary form or whether to reform it with the possibility of making it permanent, the U.S. Congress has just re-extended the program for the third time in the past year, by two additional months, with no changes through December 9, 2016.