2018 Q3 Economic Update

2018 Q3 Economic Update from Transition Financial Advisors, Inc.Global stocks rose modestly in the second quarter despite signs of slowing economic growth in Europe and Japan, deteriorating international trade relations, and rising U.S. interest rates. In a volatile...

2018 Q2 Economic Update

2018 Q2 Economic Update from Transition Financial Advisors, Inc. Global stocks declined in the first quarter of 2018 due to a variety of reasons. Worries about rising interest rates, mounting inflation pressures, and escalating trade tensions between U.S. and China...

2018 Q1 Economic Update

2018 Q1 Economic Update from Transition Financial Advisors, Inc. At the start of 2017, a common view among market strategists and analysts was that financial markets would not repeat the favorable returns of 2016. An uncertain global economy, political turmoil in the...

Why You Don’t Lose Money On Currency Exchange

From July of 2014 to February of 2015 the Canada/US currency exchange rate plummeted from 1C$=U$0.94 to U$0.79 with the rapid drop in oil prices . . . a decline of 16% in just eight months. The carnage continued as the Canadian loonie bottomed out at U$0.69 in January...

5 Options for Americans not Filing with the IRS

Five options for Americans not filing tax returns (or filing incorrectly) with the IRS So what if you are one of the thousands of American citizens, derivative citizens, or green card holders living in Canada that haven’t filed U.S. tax returns with the IRS? Or...

IRS PFIC – Understanding the Rules

Understanding the Passive Foreign Investment Company (PFIC) Rules and Regulations   Whole Article Background While many parts of the U.S. tax code are both convoluted and harsh, the IRS regulations involving the treatment of PFICs – Passive Foreign...

US Health Insurance for Canadians

What does Obamacare Mean for Canadians?   Health insurance for Canadians moving to the U.S. has always been a problem . . . until now. In my books The Canadian in America and The American in Canada, I list two things as “must haves” before you can even consider a...