Canada Pension Plan

May 25, 2023 |Charles W. Cullen III
Ever wonder how your CPP contributions will help you in retirement? This article examines how the plan works, your choices and the implications of those choices. For more information, please reach out. Click Here
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U.S. Foreign Account Tax Compliance Act (FATCA) in Canada

May 18, 2023 |Charles W. Cullen III
The U.S. Foreign Account Tax Compliance Act (FATCA) seeks to identify U.S. persons who may evade U.S. taxes by placing assets in non-U.S. accounts. This article discusses who this effects while providing an overview of FATCA. Click Here
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Canadian Non-Resident

May 11, 2023 |Charles W. Cullen III
While a resident of Canada for tax purposes, you are taxable in Canada on your worldwide income. However, for those that move and are no longer residents, you are only liable for Canadian tax purposes on Canadian source income. As always, for more information...
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U.S. Residency - Canadians Travelling to the U.S.

May 04, 2023 |Charles W. Cullen III
For Canadians who spend a substantial time in the U.S., you must be aware that you may be required to file a U.S. income tax return. Knowing how the U.S income tax law is imposed may help you prevent unpleasant surprises and costly penalties. For more...
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Ownership of a Canadian Home or Vacation Property by U.S. Persons Living in Canada

May 01, 2023 |Charles W. Cullen III
For U.S. persons living in Canada, understanding your U.S. tax exposure and potential strategies to minimize it can be extremely important. For more information, please reach out. Click Here
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