Terry F. Ritchie

FATCA: What’s happened and what’s to come

On July 1, 2014, the Foreign Account Tax Compliance Act (FATCA) came into force. The goal: prevent millions of U.S. taxpayers, and the global financial institutions that serve them, from evading U.S. tax on income and assets held outside U.S.

By Terry F. Ritchie | June 19, 2015

4 min read

Tax News

Possible U.S. tax changes for snowbirds

Now that Republicans have control of the Senate, things may change.

By Terry F. Ritchie | November 6, 2014

3 min read

Industry

Cross-border concerns for athletes

Beware these tax challenges

By Terry F. Ritchie | October 14, 2014

8 min read

Estate Planning

Got Snowbirds? Check these tax changes

On October 31, the IRS released inflation adjustments for more than 40 tax provisions.

By Terry F. Ritchie | July 25, 2014

3 min read

Tax News

Get clients ready for FATCA

Reporting requirements kick in July 1

By Terry F. Ritchie | June 20, 2014

6 min read

Tax News

IRS gives expats another chance to come clean

If your clients haven’t been paying their American taxes, they have another opportunity to confess to IRS.

By Terry F. Ritchie | June 19, 2014

2 min read

Financial Planning

U.S. trust technique saves tax

A bypass trust lets you pass assets from one person to another while avoiding taxation.

By Terry F. Ritchie | November 20, 2013

2 min read

Tax News

The first Canadian in the White House?

Ted Cruz has just become a famous Canadian -- he’s about to do something few choose to do.

By Terry F. Ritchie | August 23, 2013

3 min read

Industry

Should snowbirds live in the U.S.?

The U.S. wants Canadian snowbirds to stay south of the border.

By Terry F. Ritchie | May 15, 2013

5 min read

Tax News

Does your client have U.S. tax risk?

If you work with dual citizens of Canada and the United States, it’s important to be aware of the unique financial, tax and estate planning issues these clients face. Given the recent tax changes in the United States, these clients and their advisors will need to be ahead of the curve.

By Terry F. Ritchie | February 19, 2013

7 min read