KeatsConnelly Cross-Border Weekly Best of the Web 2013-5-3

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week the focus is off cross-border issues instead reviewing top retirement destinations, the need for professional tax help, shocking poll results regarding public perception of Obamacare and a review of the Canadian mutual fund industry.

10 cities where retirees rule (money.msn.com) – American towns that have become the hottest draws for the 65-plus crowd often go to creative lengths to boost their images as senior friendly — and senior fun. Talent shows, public streets that welcome golf carts, front-door bus service, sports that are easy on aging knees, and senior communities placed in traditional neighborhoods are just some of the tools that city leaders have used to reinvent their locales as retirement meccas. In sun-splashed vacation destinations such as Miami and Scottsdale, Ariz., older folks have been settling in for generations, long after sampling the local style during business trips and family vacations…

Do you really need an accountant or lawyer for that tax return? (www.financialpost.com) – The do-it-yourself tax return can create made-at-home problems. There are good software products out there to help you along with your tax return, even accountants, tax lawyers and tax preparers will tell you that’s all you really need if your return consists of a simple T4 slip from your employer and maybe a few charitable deductions…

Poll: Many American uninformed about health care overhaul, some don’t know it’s law (www.nbcnews.com) – As the Obama administration girds for “glitches and bumps” along the path to full implementation of the health-care law, a new poll indicates many Americans are still unclear about the details of the new law and, in some cases, unaware it’s actually law of the land. A whopping 42 percent of Americans do not know that the Affordable Care Act is, in fact, law. Included in that 42 percent — 12 percent believe it has been repealed by Congress, 7 percent think the U.S. Supreme Court overturned it, and 23 percent are unsure of its status, according to a Kaiser Family Foundation health tracking poll…

Mutual fund fees: Where’s the transparency? (www.financialpost.com) – We actuaries sometimes help pension plan sponsors with investment matters such as helping them select an investment manager. We usually deal with institutional managers whose fees are a fraction of 1% of the assets while our own fees for assisting clients are based on the number of hours spent and often are fixed in advance. So it comes as a personal shock to delve into the murkier world of mutual funds…

Come back next week for more interesting news and articles. Enjoy your weekend!

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Cross-Border Series
The Border Guide
Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
A Canadian's Best Tax Haven
This book will show you how to realize your dream of living a lifestyle in a climate that allows for year-round golfing and sandy beaches while lowering your taxes and cost of living.
Taxation of Canadians in America
This book addresses individual US taxation and estate planning issues you will face as a Canadian living in the US.
Taxation of Americans in Canada
US citizens and green card holders are subject to US tax regardless of where they reside in the world. Are YOU at risk?

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