Reid Kopald
Articles
What US Investors Living in Canada Should Bear in Mind
It has always been easier for US index investors than for Canadians since they have more choices and lower costs. But, it becomes a lot more difficult if investors choose to move into Canada. US citizens are required to file a tax return annually, and pay appropriate taxes, although they may live outside the US. This is unlike almost ev...
Before You Plan Retirement Abroad, Find Out If Your Plan Is Qualified
If you are considering the option of retirement abroad, there are some important guidelines of which you should be aware. Are you planning on retiring abroad? If so, you will have to take a serious look at your retirement plan(s) and make sure they will work the way you need them to from a tax perspective. Ar...
Tax and Investment Advice for Expats Living in the United States
As an expat, it’s important that you familiarize yourself with some basic information about filing a tax return and reporting other information in the US. US Expats are not alone in their plight to file income taxes and report their worldwide income and assets. If you’re an expat who’s livin...
Regulations on Gifts From a Covered Expatriate May Be Changing
Last year, the IRS proposed changes to an existing policy around US Gift Tax and Persons receiving gifts or bequests from a former US Person who is a ‘covered expatriate’. In September of last year (2015), the IRS issued an NPRM (Notice of Proposed Rulemaking) 112997-10. This proposed change...
Ways in Which Your Social Security Benefits May be Reduced if You Live Overseas
Living overseas can affect the manner in which your Social Security payment amounts are calculated. When US Citizens decide to live as US Expats in another country, there are numerous factors of an overseas lifestyle which have an impact on how Social Security distributions are calculated. In this piece...
United States Income Taxes For United Nations Retirees: Frequently Asked Questions
1. Is the pension of a UN retiree taxable in the United States? UN monthly pensions received by all U.S. citizens or resident aliens are always taxable wherever the UN retiree is living, in the U.S. or elsewhere. Such UN pensions are also taxable for non-resident aliens who qualify as resident aliens, ...