DISCLAIMER:Â This is a guest post by Phil Hogan, a cross-border tax expert and partner at Beacon Hill Wealth Management. The views expressed in this article are those of the author and do not necessarily reflect the views of the hosting website. This content is...
Moving from Canada to the United States or another country in pursuit of opportunities is a major life transition. However, it’s important to be aware of the intricate tax implications that come with it. These tax considerations require thoughtful analysis and...
Introduction Investing in real estate across international borders can be a lucrative opportunity, especially for Canadians looking to own property in the United States. However, along with the potential rewards, there come several tax implications that need careful...
The death of a taxpayer in Canada can have significant tax implications for the deceased’s estate and for the beneficiaries of the estate. It is important for the executor or administrator of the estate to understand their tax obligations in order to...
An executor named in a last will is entitled to administer an estate. If the decedent dies intestate, i.e. without a will, their closest relative can apply to the court in order to become the administrator of the estate. Estate administration can be complex and...