Nov 19, 2020 | International Tax, Personal Taxes
As a CPA with the license to practice both in Canada and the US, I’m in the relatively unique position of being able to look at tax returns filed in both countries. I’ve noticed there are two rules in the US tax system which would benefit a lot of people if they were...
Mar 17, 2020 | Corporate Taxes, International Tax, News, Personal Taxes, Small Business
With the current crisis and information from various sources, including yesterday’s announcement from Prime Minister Justin Trudeau, we are taking further steps to minimize the risk to our team. I’ve provided below a brief and more detailed update on the situation,...
Feb 12, 2019 | International Tax, Personal Taxes
If you are a US citizen, we have some important information for you: The Canada Revenue Agency is sending the IRS the banking information of many Canadians; up to 600,000 banking records every year. As a US citizen, you are obligated to file a tax return with the IRS...
Nov 4, 2015 | International Tax, Personal Taxes
Every year, many people decide to pack up, and move their roots to other countries. This process is called emigrating, and is done for many reasons. We will look at what you need to do to ensure the emigration is done in a tax effective manner. What Is Emigrating?...
Oct 7, 2015 | International Tax, Personal Taxes
These days more and more people are working internationally. From travelling to the US for a contract, to working overseas for a year or more, the options to travel and work abroad are vast, and with the online nature of the world these days, it’s almost as...