Latest News

If you are someone who’s thinking about potentially exiting the U.S. tax system, this article provides some general information regarding the U.S. tax rules that apply when you exit after June 17, 2008, and some of the non-tax considerations as well.

There is often a disparity between the U.S. and Canadian income tax laws which may affect the effectiveness of certain tax planning strategies. Therefore, it is important that each country’s tax laws be considered when determining whether a particular...

As the beginning of the year, we always take the time to review clients Tax Free Savings Account (TFSA) to ensure they understand how they work and also to make sure they are maximizing their contribution room. For more information, please reach out....

To ensure that the prescribed rate loan you made to a spouse, or a family trust, continues to meet the requirements to split income, the required annual interest payment must be made to you by January 30 of the following year. For information on how to...

For many, the end of the year puts a greater focus on tax planning. However, there are some areas of tax planning that often get overlooked, and may only be made available early in the new year. For a few examples, click the link. For more information...

For those who are charitably inclined, making your charitable donation using appreciated securities rather than cash is worth exploring. This article discusses the potential tax benefits and strategies that many of our clients use, especially before year...

The RRSP/RRIF meltdown strategy may be a tax-efficient way to replace some of your excess registered assets with non-registered assets using an investment loan. This article describes the meltdown strategy and highlights some of the potential issues you...

As year-end approaches, taking some time to review your financial affairs may yield significant tax savings. To help ensure you leave no stone unturned, here's a summary of some common year-end tax planning strategies. Click Here

A TFSA is a flexible savings vehicle where investment income earned (and growth) in the account is tax-free for Canadian tax purposes. However, U.S. persons who hold a TFSA may be subject to additional tax and filing requirements. Therefore, it’s important...