Many Canadians who seek to purchase or already own US real estate are unaware that at one point or another they will require a US Individual Tax Identification Number (ITIN). [...]
In comparison with Canada, US tax rates on the income of an individual are lower. US federal individual income tax rates are lower than Canadian federal tax rates and State [...]
The US taxation system imposes onerous tax reporting obligations on its citizens. All US citizens must report and pay tax on their worldwide income – even if they live abroad. [...]
If you own a vacation home in the United States, you may have been advised by a friend or even an American lawyer to put your children on title by [...]
US citizenship can be acquired either at birth or through naturalization. This blog will identify the rules by which US citizenship can be acquired at birth. It is common knowledge [...]
Many Canadians who are interested real estate in purchasing a condominium in Florida are unaware of the particularities of the purchase process and the issues relating to the ownership of [...]
If you are a Canadian who owns US real estate, planning for the possibility of incapacity is an essential component of prudent estate planning. Incapacity is the absence of the [...]
More and more US citizens who live abroad and have acquired citizenship in their country of residence have opted to renounce their US citizenship, namely to avoid onerous US tax [...]
Many Canadians use life insurance policies as an estate planning tool to ensure their families are cared after and to pay tax owed by their estates on accrued capital gains [...]
Shlomi Steve Levy was interviewed by Gail Johnson for an article which appeared in the Globe and Mail. In the article, Gail asks Shlomi about how Canadians who purchase US [...]
