SnowbirdAdvisor.ca – Know These Essential Rules for How Long Canadian Snowbirds Can Stay in the U.S.
David Altro published an article with SnowbirdAdvisor.ca to explain the essential rules for how long Canadian Snowbirds can stay in the U.S.
David Altro published an article with SnowbirdAdvisor.ca to explain the essential rules for how long Canadian Snowbirds can stay in the U.S.
The US Check-the-Box Regulations can provide taxpayers with a substantial amount of flexibility and tax planning opportunities.
When submitting an 8288-B Withholding Certificate Application under the FIRPTA rules, timing is everything.
I’m an American living in Canada: how will my principal residence be taxed when I die?
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 due date for U.S. citizens to file their 2016 U.S. tax return. However, if you are a U.S. citizen living outside [...]
Selling US Real Estate when the Loonie is Down: You’ve Made a Foreign Exchange Capital Gain.
Canadian taxpayers will have to report the disposition of property to claim the principal residence exemption.
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 [...]
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.