Reid Kopald

The following article aims to answer the following questions: 1. Is there a penalty for moving retirement funds from the U.S. to abroad? 2. If so, how can these penalties be avoided? 3. Are there any cases where the penalty is waived?...

Putting some earnings away to save for retirement is common throughout the world. But for US citizens, as well as permanent residents, who live abroad, the world of retirement accounts and pensions is hard to navigate because of complicated Internal Revenue Service regulations. Any type of foreign account, including pensions and retirement accoun...

Congratulations - you’re married! If you are a US citizen and your spouse is not, you may want to obtain a Green Card or Immigrant Visa for your new spouse.  In order to do so, you must certify that you are up to date with your US tax returns and attach transcripts to show proof. Form ...

As an American living in the Land Down Under, you likely have many questions about “SUPA” (as it is commonly referred to by the Australians), or superannuation as it is formally known. Adding to the complexity of your tax filing requirements, you might be considered to be a “highly compensated employee”, which potentially ...

Some U.S. brokerage firms have been changing their procedures for accounts held by Americans residing overseas. It is growing increasingly difficult for US Citizens living abroad to maintain brokerage accounts back home in the US. We are approached regularly by clients of...

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...