by Olga | Sep 30, 2026 | All, Cross Border Tax Planning, David A. Altro
David Altro | September 30, 2026 Every spring, clients ask us: “I’m Canadian and I pay my taxes in Canada. Why does the IRS want a return from me?” The answer is usually a Florida condo, an Arizona rental, a US pension, or a winter that ran a...
by Olga | Sep 30, 2026 | All, Cross Border Tax Planning, David A. Altro
David Altro | September 30, 2026 A US citizen takes a job in Toronto and, in the first week, opens a Canadian bank account and a TFSA. Two years later an accountant finds that the TFSA was never reported to the IRS, the Canadian ETFs inside it are PFICs, and...
by Olga | Sep 30, 2026 | All, Cross Border Estate Planning, David A. Altro
David Altro | September 30, 2026 A Toronto executor walks into the bank with a will, a death certificate and the deed to a Florida condo, expecting to wrap things up in a month. The bank asks for a court certificate. So does the land registry. And the Florida...
by Olga | Sep 30, 2026 | All, Cross Border Estate Planning, David A. Altro
David Altro | September 30, 2026 Every fall, long-time snowbirds ask us the same question: “We already spend five months in Florida. Why not just move?” For many families the answer is yes. But the move is not a change of address. It is a change of...
by admin | Jul 19, 2021 | All, Cross Border Estate Planning, Cross Border News, Cross Border Tax & Estate Planning Blog, Cross Border Tax Planning, From the Blog, Publication
Zaina KottisJuly 19, 2021 Please note that the content below is only applicable in the province of Ontario. Historically, in Ontario, according to the Succession Law Reform Act, subject to limited exceptions (such as holograph Wills, which are Wills made entirely in...
by Bradley | May 6, 2020 | All, Bradley R. Thompson, Cross Border Tax Planning
Selling Your U.S. Property: Is there U.S. & Canadian Capital Gains Tax? By Bradley Thompson May 6, 2020 When a Canadian resident (non-citizen of the US) sells their vacation property in Florida, any capital gain realized is subject to US tax (and withholding) but...
