contributed by Dale Walters There are thousands of financial advisors out there that want your business, but can you trust them? Although there is no foolproof way to assure that the advisor you choose is ethical and will put your…
Blog Archives
Nonresidents of Canada and Canadian Rental Properties
Contributed by Dale A. Walters,CPA, PFS,CFP® and David H. Levine, CA, CPA When a nonresident of Canada has a property in Canada that is an income producing property the following rules apply: The owner of the property needs to have a resident…
Tagged with: Canada Revenue, Canadian Rental Properties, Dale Walters, David Levine, Form NR6, KeatsConnelly
Posted in Cross-Border Blog
Posted in Cross-Border Blog
Windfall Elimination Provision
Contributed by Dale Walters, CPA, PFS,CFP® The Windfall Elimination Provision (WEP) a provision of the US Social Security Act and applies to people who have earned pensions working for an employer that did not withhold social security taxes and who…
Tagged with: Dale Walters, KeatsConnelly, Social Security, Totalization Agreement
Posted in Cross-Border Blog
Posted in Cross-Border Blog
New Form for Authorizing FBAR Filing by Spouses and Third Parties
Contributed by Dale Walters, CPA,PFS, CFP The government has responded to the needs of filers who submit Reports of Foreign Bank and Financial Accounts (FBARs) jointly with spouses or wish to submit them via third-party preparers (e.g. tax preparers). The…
Green Card holders moving back to Canada
Contributed by Dale Walters, CPA, PFS, CFP Lawful permanent residents (green card holders) are required to report and pay tax on their worldwide income, regardless of where they reside. To remove yourself from the U.S. tax system, you must give up…
Taxation of Canadians in America: Are you at risk? Is Now Available!
Taxation of Canadians in America: Are you at risk? is now available! This new book, co-authored by KeatsConnelly cross-border professionals’ Dale Walters, Sally Taylor and David Levine, will be a valued resource in addressing US tax and estate planning issues…
