by i2 Wealth | Jul 13, 2026 | Blog
A shareholder question on the proposed Union Pacific–Norfolk Southern merger: what Canadians should know about deemed dispositions, withholding tax, and cross-border tax status. ; I am a shareholder of Norfolk Southern, and Union Pacific has made an offer to merge...
by i2 Wealth | Jul 11, 2026 | Blog
For Canadian tax residents, income earned outside the country usually belongs on the Canadian tax return, and certain foreign assets may need to be disclosed on Form T1135. ; For Canadian tax residents, income earned outside the country usually belongs on the Canadian...
by i2 Wealth | Jun 25, 2026 | Blog
For 2026, the annual TFSA dollar limit is $7,000, which was added to eligible Canadians’ contribution room on January 1, 2026. ; The part that needs care is your personal number. Unused TFSA contribution room, TFSA withdrawals, residency, U.S. citizenship status and...
by i2 Wealth | May 14, 2026 | Blog
Unfortunately, moving a 401(k) into an RRSP isn’t as simple as a regular rollover. The Canadian Revenue Agency’s RRSP framework under the Canadian Income Tax Act is built around Canadian registered plans ; While the IRS treats a 401(k) as a U.S. employer sponsored...
by i2 Wealth | Apr 30, 2026 | Blog
Not every retirement account reduces taxable income. In Canada, only a small group of plans allow contributions to be deducted when they are made. The Canada Revenue Agency outlines these pension and savings arrangements under federal government income tax rules,...
by i2 Wealth | Apr 24, 2026 | Blog
Many people spend years building savings in traditional IRAs and eventually begin exploring how those funds will be taxed later in life, once the time comes to retire. One path that can be considered is moving part of a traditional IRA into a Roth IRA. ; For...
