Cross-Border

Cross-border specialist Terry Ritchie provides an update on US-Canada taxation, from citizenship-based taxation and the tax treaty to estate tax exemptions. Listeners learn why Americans living in Canada face two systems that do not neatly align and what recent US policy shifts mean for cross-border plans.

Cato Pastoll of Loop returns to tackle a stubborn problem: opening US bank accounts for Canadian businesses. He describes why traditional banks often require an in-person visit across the border, how a multicurrency card works, and what a bundled banking platform brings together in one place.

Cross-border expert Terry Ritchie of Cardinal Point returns to revisit Canada-US planning. The conversation covers the scheduled 2026 rollback of US estate and gift tax exemptions, how Canadians who have never been American can still face US estate tax, and considerations when buying property in the US.

Tax specialist Justin Abrams of Kraft Berger LLP explains what happens tax-wise when someone leaves Canada. Listeners will learn how departure tax on accrued value works, which situations create tax obligations on exit, and why business owners face particular complexity when expatriating.

Ashley Murphy, founder of the Global Financial Planning Institute, tackles financial planning across borders. Listeners will learn why US citizens abroad face two sets of rules, how citizenship-based taxation differs from residency-based systems, and what makes cross-border planning complex.

Terry Ritchie of Cardinal Point Wealth Management walks Jason through the tax tricks and traps facing Americans living in Canada who own businesses. The episode explains who counts as a U.S. tax resident, why income left in a Canadian corporation can trigger U.S. tax, and what cross-border owners need to watch.