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 institutions of higher education and non-profit research institutions) will be opening in less than three months! Predictions are this Season will [...]
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 by filing a tax return (1040NR) to the IRS and paying capital gains tax. Many have heard of “Like-Kind Exchanges” under [...]
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.
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.
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.
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.
The Managing Partner of Altro LLP, David A. Altro, has been invited by Lennar International, the second largest home builder in the US, to be their guest speaker at upcoming seminars. There are three upcoming events: Wednesday September 7th (7-9pm) The Bailey Group at Remax, 766 Hespeler Rd #206, Cambridge, ON, N3H 4R7 To register for [...]
Advisor.ca – Disability tax credits for dual residents By Elena Trigiani May 09, 2016 David A. Altro recently wrote an article which appeared on Advisor.ca and in the Advisor’s Edge magazine. In the article, David explains how disability tax credits are available and when they can be claimed in [...]
Currency Opportunity for Canadians The current value of the Canadian dollar has presented many Canadians with an opportunity to realize significant capital gains when selling their US real estate. These types of profits would have otherwise been unattainable had the dollar kept its value in the global market. This opportunity is not one that is likely [...]
Is it a good time to buy real estate? This is a question you can hear most days, in most cities. However, for Canadian snowbirds this is a big question as they venture south to spend the winter months in the sun of Florida and other sunbelt states. This begs the question: is it a good [...]
