You can’t beat a good team!

Lawyers, accountants, bankers and financial advisors have their own expertise, but when it comes to seeking advice with money and assets you can’t do better than a trusted team. That's the message as Darren chats with lawyers Kevin Kirkpatrick and Azam Rajan of Bordera Tax and Immigration Law. https://bordera.ca/ They discuss the importance of seeking advice from professionals who know the deal on both sides of the border, not to mention American consultants who may not be familiar with international law, complexities in renouncing US citizenship, and the fact that many people are worth more than they realize. They also talk about the Corporate Transparency Act, a new US law that can require small businesses to report ownership information to the government with penalties starting at $10,000 US.