Lakeview Wealth Management

News & Updates​

Canadian Snowbirds and U.S. Taxes: Avoiding Turbulence

WA-Featured-Image

Download this article as a PDF.

Snowbirds who spend their winters in the United States may not be aware that they could face U.S. tax consequences if spending extended periods of time there. Being aware of U.S. tax rules for visitors can help Canadian snowbirds plan ahead and enjoy their time south of the border without overstaying their welcome.

This article looks at how Canadians spending time in the U.S. can be considered to be U.S. resident aliens, what practically that means for them, and how best to limit exposure to U.S. tax in these cases.

 

Recent Posts

Highlights from the Federal Budget 2025

On November 4, 2025, Finance Minister and National Revenue Minister François-Philippe Champagne tabled the much-anticipated 2025 Federal Budget (Budget 2025). With no spring budget earlier this year, Canadians have been eager for insights into the government’s fiscal priorities and economic direction. Our Advanced Wealth Planning Group has summarized the key highlights and implications from this release.

Read More »

The Ins and Outs of RDSPs

A Registered Disability Savings Plan (RDSP) is a tax-sheltered savings vehicle designed to help families ensure the long-term financial security of a loved one affected by disability.

There are several key benefits:

Read More »

The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document.  Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions.  Before acting on any of the above, please contact your financial advisor. Insurance products are provided through Wellington-Altus Insurance Inc.

Lakeview Wealth Management Logo