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Tuesday, September 26, 2017
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Canada Reclaims Top Spot in U.S. Real Estate Investments

Canada consistently ranks high among foreign investors in the United States, and has again surpassed China as the number-one investor in U.S. real estate. According...

Can I Extend my US 1040 Income Tax Return Past October...

Question I'm a US citizen living in Canada that has yet to file his US tax return. I was told by a friend that I...

OPTrust Remains Confident in U.S. Investments

Despite various political risks in the U.S. in 2017, the “strong foundations” of its economy continue to inspire confidence in Canadian investors, according to...

Inherited IRA from Father in the US. What are my options?

Question Hi Phil I inherited a fair sized IRA (over $600,000) from my US citizen father who resided in the US for over 30 years. My...

Capital Gains Tax on Bitcoin and Cryptco Currencies – Trading and...

Question Hi I'm an American living in Canada and I see that you help people with Canadian and cross border tax and investment issues. I need...

Moving from California to BC – IRA to RRSP Issues

Question Hi Mr. Hogan I moved up to Canada from California last May. My current Canadian broker is suggesting that I transfer my IRA to a...

10 Things to Know Before Moving to Canada from the US

1. US Citizens File Taxes Even When They Are Outside the US US citizens moving to Canada will still be required to file US taxes...

Starting a Business in Vancouver, Need Some Advice on an Appropriate...

Question Hi Phil I’m starting an application and gaming company with 2 close friends of mine in Vancouver. We’ve been told on multiple occasions that going...

Is your corporation at risk of being deemed a personal services...

If your corporation is deemed to be a personal services business (PSB) your corporation is no longer eligible for the small business deduction (SBD)...

Family Income Splitting for Doctors – A Significant Income Tax Saving...

Our physician clients are some of the higher paid professionals in BC. Some making well over $500,000 per year. At these income levels average...

Moving to BC with Lots of Money and Assets – Things...

Question I'm moving to Victoria BC at the end of the year and will need to setup a consultation to discuss my financial and tax...

Disclosing Offshore Investment Accounts to CRA – Don’t Let CRA Find...

I met with a client a few weeks ago that needed some advice on whether or not to disclose his Swiss offshore investment accounts....

CRA Foreign Tax Credit Review – Please Help!

Question Hi Phil I'm dealing with a CRA review of my T1 foreign tax credit claim and it's driving me nuts. Hopefully you have a good...

QA – Rolling over RRSP to IRA or 401k?

I am a Canadian living in the U.S. I have two RRSPs, one is a personal plan and the other is a locked-in account...

Leaving Canada with Lots of Disney Stock – Tax Issues?

Question Hi Phil I recently stumbled across your blog and I think you may be the right guy to answer my questions. I'll be leaving Canada...