A new U.S. bill could change how long Canadians can stay south of the border — extending the limit from 183 to 240 days per year. Even better? It simplifies cross-border tax obligations. This could be a big deal for snowbirds, retirees, and Canadians with U.S. property.
Thinking of selling your U.S. vacation property? This article breaks down what Canadians need to know — from FIRPTA and title issues to alternatives like refinancing or renting out your home.
Discover the 2024 T3 exemptions for bare trusts, CRA reporting updates, and proposed amendments. Contact Levy Salis LLP for expert tax advice.
New U.S. regulations now require many companies to disclose their beneficial owners to FinCen, increasing transparency to help combat financial crimes. Understand the requirements and deadlines to stay compliant.
Buying US real estate? With the US Estate Tax Threshold dropping, let Kevyn Nightingale & Shlomi Levy of Levy Salis, LLP guide you through your options.
Welcome Kevyn Nightingale to Levy Salis LLP as the Leader of Cross-border Tax Planning, bringing 35+ years of international tax expertise.
Happy Lunar New Year from the Levy Salis team! Wishing everyone celebrating a prosperous Year of the Dragon, filled with courage, strength, and success. May this new lunar cycle bring you and your loved ones endless opportunities for growth and happiness. Gong Xi Fa Cai! 🎉🏮
Warm holiday wishes from Levy Salis LLP! Joy, laughter, and success in the New Year. Thank you for being part of our journey. Happy Holidays!
In 2023, Levy Salis LLP was a proud sponsor of the 2023 Donald Berman Maimonides RBC Wealth Management’s Golf Tournament, the 9th edition Urban BBQ – Presented by RBC and to benefit the Cancer Research Society, Centraide of Greater Montreal, Agence Ometz, Alzheimer Society and the fourth edition of the Invitation Serge Savard golf tournament.
Examination of tax consequences triggered upon the expiry of the 21-year period of the existence of a personal trust and overview of legal and tax tools to prevent or minimize the tax burden. Check list of tax and legals issues to be addressed during the elaboration of the tax planning. Discussion on tax risks and potential application of the new disclosure rules to 21 years planning transactions.
