KeatsConnelly Cross-Border Weekly Best of the Web 2013-8-9

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 we offer a mix of articles discussing the Keystone Pipeline, CRA and middle income tax cheats, and lessons from vacation spending.

Obama’s Keystone XL stance deepens impasse with Canada ( Washington — With his blunt assertion that Canada could do more to cut emissions, President Barack Obama raised doubts about whether the United States will approve the Keystone XL pipeline. The question is: What exactly does Canada need to do?An anti-Keystone XL pipeline commercial funded by President Barack Obama supporter and hedge-fund billionaire Tom Steyer confirms what many Canadians have long suspected — American anti-oil activists have gone mad.As Obama seeks to revitalize his climate agenda, he has said he will evaluate TransCanada Corp’s oil pipeline project on whether it will significantly raise greenhouse gas emissions…

CRA cracking down on middle-income tax cheats ( From recent initiatives targeting offshore tax havens and multi-millionaire tax cheats, the Canada Revenue Agency has been cracking its disciplinary whip on middle-income operators, including waitresses, used-car salesmen, and even maple-syrup producers. Dozens of cross-country pilot projects — including a blitz of waitresses in St. Catharines, Ont. — were ordered by the CRA to help develop techniques for eradicating the underground economy, and indicates a change in agency priority to spotlight middle-income tax avoiders, according to a Canadian tax expert….

20 Things Your Vacation Is Teaching You About Money (And Life) ( phrase “personal finance” makes us think of debt, saving for retirement, insurance, and other dreary subjects.“Vacation,” on the other hand, evokes beaches, hammocks and margaritas … as in, “Today, I watched the sun set over the beach while lying in a hammock, sipping a margarita.”But the aspects of our lives most seemingly removed from our finances can actually give us the most insight into how best to manage our money…

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

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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.
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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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