US Real Estate for Canadians – You Need an ITIN!
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). [...]
By Shlomi Steve Levy| 2018-11-30T02:35:22+00:00 February 26th, 2018|US Real Estate for Canadians, US Tax and Estate Planning|
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). [...]
By Shlomi Steve Levy| 2024-08-23T16:50:57+00:00 February 20th, 2018|Americans Living in Canada, US Tax and Estate Planning|
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 [...]
By Shlomi Steve Levy| 2018-11-30T02:41:30+00:00 February 14th, 2018|Expatriation from the United States, US Tax and Estate Planning|
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. [...]
By Shlomi Steve Levy| 2018-11-30T02:42:28+00:00 January 30th, 2018|US Real Estate for Canadians, US Tax and Estate Planning|
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 [...]
By Shlomi Steve Levy| 2024-08-23T16:51:16+00:00 January 25th, 2018|Americans Living in Canada, Expatriation from the United States|
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 [...]
By Richard P. Salis| 2018-11-30T03:22:35+00:00 January 11th, 2018|Canadian Tax and Estate Planning, Incapacity Matters|
Incapacity is the absence of the physical or mental faculties that are necessary to exercise civil and legal rights. A person who has been declared incapable by a court no [...]
By Shlomi Steve Levy| 2018-11-30T02:33:15+00:00 December 20th, 2017|US Real Estate for Canadians, US Tax and Estate Planning|
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 [...]
By Shlomi Steve Levy| 2024-08-23T16:51:38+00:00 December 11th, 2017|Incapacity Matters, US Real Estate for Canadians, US Tax and Estate Planning|
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 [...]
By Stephen A. Simon| 2018-11-30T02:55:05+00:00 December 7th, 2017|Americans Living in Canada, US Tax and Estate Planning|
One of the principal election promises of the Republican Party in 2016 US presidential election campaign was US tax reform. After several months of work, both houses of the US [...]
By Shlomi Steve Levy| 2018-03-13T22:15:17+00:00 November 28th, 2017|US Tax and Estate Planning|
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 [...]