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Bill Clarke Financial takes over Taylor Financial Group clients

As of April 1st Bill Clarke has taken over Taylor Financial Group clients. Wayne will continue to operate as TFG.

Own a Home in the United States?

If you own a home in the United States, you'll want to become familiar with some changes to how they track your time spent in the country.

From an article dated June 19, 2014 in the Calgary Herald:

The days of carefree and careless commuting are over for Canadian snowbirds with second homes in the United States’ sunbelt, says lawyer and tax specialist Roy Berg.

The rules haven’t changed. They’re as bewildering, contradictory and potentially punitive as ever — on both sides of the border, says Berg, of Moodys Gartner in Calgary.

What has changed, however, is the ability of Canadian and U.S. customs agents to routinely swap computerized information obtained from bar codes on the passports of each other’s citizens, he explains.

“None of the rules or substantive tax or immigration regulations have changed,” he says. “What’s changed is that they can be enforced. Until this year, they (U.S. Customs) haven’t really known how long you’ve been there.”

Read more here.

Bill Clarke and Wayne Taylor