Cross-border tax and financial planner Kris Rossignoli was featured in a timely and informative article published by Canadian Family Offices, about the critical importance of proactive planning for Canadians who have moved, or are planning a move, to the United States. As he emphasized, this applies to estate planning as well, for those with ties in both countries. Canadian business owners expanding into the U.S. are also confronted by myriad tax and financial issues that can be extraordinarily complicated.
Individual taxpayers as well as businesses may even risk potential liability for fees, penalties, and other legal consequences if they are not in 100% compliance with all of the tax laws and financial regulations of both Canada and the United States. But Rossignoli shares keen insights and offers solutions as he points out common pitfalls that those engaged in a cross-border lifestyle or business should avoid. To learn more on this vital topic, access the full Canadian Family Offices article here.
Kris Rossignoli, cross-border tax and financial planner with Cardinal Point Capital Management, on business, personal and estate planning considerations