Nuptials May Bring New Tax Obligations Planning a wedding can be an exciting and stressful time in a couple’s life. There’s so much to think about – the flowers, the cake, the venue, the fact that you are a U.S. citizen and your spouse-to-be owns a Canadian corporation… Oh. You hadn’t thought about that yet? If you are a U.S. citizen who is about to marry a Canadian, and that … [Read more...] about Crossborder Marriage and the IRS
crossborder tax
Divorce 101 for Canadians who own U.S. Real Property
Finding Alignment It goes without saying; the past five months have been challenging. In fact, for some couples, the extra quality time together in quarantine proved to be the proverbial straw. And while it may have been difficult to get aligned in the marriage, it’s very important to get aligned in the divorce, particularly for Canadians who own U.S. real property. With all … [Read more...] about Divorce 101 for Canadians who own U.S. Real Property
Buying Property in the Sunshine State? Read this first.
Are you one of those Canadians who cannot tolerate the cold, unpredictable winter and early spring? If you haven’t already done it, you have probably thought about purchasing property somewhere warm, such as across the border and due south. Of course, I’m talking about Florida. The beaches of Naples, the night life of Miami, the tropical Keys; there’s something for everyone. And with a … [Read more...] about Buying Property in the Sunshine State? Read this first.