Cleo Hamel
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Cleo Hamel brings a wealth of financial and tax experience to her role as a Senior Tax Specialist with American Expat Tax Services. Specializing in U.S. and Canadian tax preparation, Cleo has more than 15 years of tax expertise.

As the national spokesperson for American Expat Tax Services, Cleo enjoys the opportunity to provide straightforward information about taxes to help people living, working or playing on either side of the U.S.-Canada border.

Prior to joining American Expat Tax Services, Cleo worked with the largest tax preparation firm in the country and was an independent financial advisor with a broker’s license in the Calgary area. She attended the University of Calgary and studied French, Italian and Spanish with a minor in Business and is fluent in French and Italian. She continued her education with Mount Royal University and completed her Public Relations Certificate in 2014.

Cleo currently lives in Calgary with her husband of 22 years and their two daughters, aged 19 and 18. They also share their home with nine-year-old Bear, a Husky Chow mix.

Entries by Cleo Hamel

FBAR vs. FATCA: More paperwork May Be Involved To Satisfy The IRS

(0) Comments | Posted June 24, 2016 | 6:23 PM

U.S. citizens living outside of the country may have additional filing obligations thanks to the Foreign Account Tax Compliance Act

For U.S. citizens and green card holders living outside of the United States, the deadline for filing their U.S. taxes or requesting an extension was June 15. But like most...

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So You Want To Move To Canada Eh?

(0) Comments | Posted May 30, 2016 | 3:18 PM

The current presidential race may have many Americans looking to immigrate to Canada but the IRS will follow them across the border

The U.S. presidential race is certainly interesting to watch from Canada. And as the primaries continue, it would appear that people in the U.S. are starting to explore...

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Federal Budget Ditches Boutique Tax Credits For Fairer Child Benefits

(0) Comments | Posted March 28, 2016 | 4:40 PM

The new federal government handed down their first budget last week and delivered on a number of promises in their election platform. It also represents a very different budget then the ones from the previous government.

The changes are designed to distribute benefits and programs more fairly based...

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Why A Tax Refund Is Bad For You

(0) Comments | Posted March 18, 2016 | 1:07 PM

Filing your tax return is getting easier but many Canadians still procrastinate even beyond the April 30 deadline (or May 2 this year because April 30 falls on a weekend). If you do not owe tax, there are usually few consequences for filing late in Canada with some...

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Tax Changes That Will Impact Your Return This Year

(0) Comments | Posted March 3, 2016 | 3:14 PM

From the Canadian Federal election to the collapse of oil prices to a jump in food prices, 2015 was a year of changes. And your tax return is no exception. But unlike previous years, there are only a few changes. However, even small changes can help you save a few...

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Last-Minute RRSP Contribution? Avoid These Common Mistakes

(0) Comments | Posted February 22, 2016 | 11:44 AM

The February 29 deadline is the last chance to impact your 2015 tax return.

The first major financial deadline of 2016 is February 29. This is the last day you can make a contribution to your Registered Retirement Savings Plan (RRSP) and claim the contribution on your 2015...

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Not Just Anyone Can Speak To The IRS

(0) Comments | Posted February 17, 2016 | 9:56 AM

U.S. taxman only allows certain qualified preparers to contact them on behalf of clients

In Canada, you can easily contact the Canada Revenue Agency (CRA) and get information whether you are a taxpayer or a designate for a taxpayer if you have the right paperwork and identification information.

...
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Giving Up Your U.S. Citizenship Is Not A Simple Task

(0) Comments | Posted February 2, 2016 | 2:07 PM

Accidental Americans may want to renounce their U.S. citizenship rights but there is a process

There are thousands of Accidental Americans in Canada who hold U.S. citizenship that they don't necessarily want or even know they have. For most people, the issue is not the unexpected citizenship --...

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Ted Cruz Is Not The Only One With U.S. Citizenship Problems

(0) Comments | Posted January 25, 2016 | 4:35 PM

Accidental Americans are faced with tax filings whether they want their U.S. citizenship or not

While Ted Cruz may be doing everything to prove he is a "natural born" U.S. citizen despite being born in Calgary, his situation underlines how figuring out U.S. citizenship for tax...

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Tax-Free In Canada Doesn't Mean Uncle Sam Agrees

(0) Comments | Posted January 19, 2016 | 1:03 PM

IRS requires gains from certain Canadian accounts to be reported annually

Registered Retirement Savings Plans (RRSPs), Registered Education Savings Plans (RESPs) and Tax-Free Savings Accounts (TFSAs) are three tax shelters available to Canadian taxpayers. They all offer different benefits while providing the opportunity to...

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Do You Really Need An RRSP?

(0) Comments | Posted January 11, 2016 | 2:55 PM

Younger generation may be better to opt for a Tax Free Savings Account

For most people, the season is winter. But for banks and other financial institutions, it is Registered Retirement Saving Plan (RRSP) season. You can expect to be deluged with various marketing messages about making a...

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IRS Crackdown On Tax Cheats Goes Into Overdrive

(0) Comments | Posted January 4, 2016 | 11:50 AM

U.S. tax system based on citizenship and residency set to punish unsuspecting taxpayers

For anyone who thought the Internal Revenue Service (IRS) wasn't serious about tracking down errant or missing U.S. taxpayers, the past year should have erased any doubts. Whether you agree with the IRS's methods or...

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Parents May Be Facing A Tax Bill Thanks To Extra Child Care Benefits

(0) Comments | Posted December 9, 2015 | 4:27 PM

New tax savings and programs won't happen until 2016

After weeks of waiting, we finally know how the Liberals are starting to roll out their tax-related election promises. The previous government was notorious for introducing last minute, retroactive tax changes that it was hard to predict if the new government...

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Canadians Are Planning A Charitable Holiday Season

(0) Comments | Posted December 4, 2015 | 1:35 PM

If you are facing a tax bill in 2015, you may want to consider some giving to help lower your liability

It is the season of giving to others and many Canadians are getting into the spirit. According to the 2015 BMO Charitable Giving Poll, Canadians are planning...

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Winning Big While Gambling In The U.S. Can Bring Tax Pain

(0) Comments | Posted November 23, 2015 | 4:10 PM

Non-residents can make a claim against the IRS's lottery or gambling tax withholding but you need the paperwork

According to a new study from Solutions Research Group (SRG), more than five million Canadians have placed a bet online or via a mobile device to play fantasy sports. Not...

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Spending Too Many Days In The U.S. May Complicate Your Taxes

(0) Comments | Posted November 3, 2015 | 12:27 PM

With the government counting the days in either country, filing the right tax paperwork is important

Last week, Canadian government plans for keeping better track of people coming and going from the U.S. were revealed. The driving purpose for the increased scrutiny will save the government millions of...

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Liberal Promises Pave the Way for a Simpler, Fairer Tax Return

(0) Comments | Posted October 23, 2015 | 8:18 AM

Boutique tax credits made returns more complicated than it should be to file.

As Canada gets ready to welcome a new government to power, we can also prepare for changes to our tax returns. The Liberal platform promised a number of changes that will make an impact on...

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FATCA Court Challenge Fails to Make a Dent

(0) Comments | Posted October 1, 2015 | 12:27 PM

Canadian banks have already begun sharing information with the IRS

As expected, the court challenge to the Foreign Account Tax Compliance Act (FATCA) by two Canadians failed to stop the flow of information between the Canada Revenue Agency (CRA) and Internal Revenue Service (IRS) happening in...

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Court Fight to Stop FATCA Impacts Every Canadian

(0) Comments | Posted September 15, 2015 | 12:32 PM

Canada Revenue Agency and Internal Revenue Service to swap information to keep taxpayers honest

Ginny Hills and Gwen Deegan are taking the Foreign Account Tax Compliance Act (FATCA) to Federal court. Both women were born in the United States to Canadian parents and have lived in...

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Canadians Owning Property in the U.S. Could Cash in on the Weak Loonie

(0) Comments | Posted September 1, 2015 | 12:26 PM

For the past few years, Canadians have been taking advantage of our dollar being worth about the same as the U.S. dollar. From buying up real estate to cross-border shopping, being on par with the U.S. dollar has had its advantages. However, in the last few months, economic factors have...

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