by Tamera Freeman | Oct 25, 2019 | Canada/U.S. Tax
One of the common mistakes we see when people move across the Canada/US border is the use of two accountants. Typically, when a client moves from one country to the other, they retain the accountant that served them all those years in their home country. Once they... by Brian Wruk | Aug 6, 2018 | Canada/U.S. Investments, Current Events
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... by Brian Wruk | Aug 6, 2018 | Canada/U.S. Investments, Current Events
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... by Brian Wruk | Aug 6, 2018 | Canada/U.S. Investments, Current Events
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... by Brian Wruk | Jun 24, 2016 | FAQ
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... by Brian Wruk | Jul 3, 2014 | Canada/U.S. Tax
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... by Brian Wruk | Oct 31, 2013 | Canada/U.S. Tax
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... by Brian Wruk | Jul 26, 2013 | Health Insurance
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... 