IRS Streamlined Foreign Offshore Procedures
IRS Streamlined Foreign Offshore Procedures The IRS has strict rules when it comes to filing your taxes. You have to report all your income, and …
U.S. Income Tax
Canadian Taxpayers Selling U.S. Property
Many of Canadian taxpayers maintain a second home, a vacation property, or hold a U.S. real property interest for investment purposes. In 2020 and 2021, …
CCPC Shares & Emigration
Deemed disposition and departure tax for the owner-managers of Canadian Corporations.
2020 U.S. Individual Income Tax Returns – Deadline extended by IRS
The Internal Revenue Service (IRS) has extended the deadline to file Individual income tax returns for 2020 in the U.S. The new deadline is now …
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Hybrid Entities – The Tax Problems in Canada
U.S. LLCs and S Corps are hybrid entities due to a mismatch of income tax treatment in both U.S. and Canada
10 Things Americans in Canada Should Know!
Effective February 12, 2021, the Internal Revenue Service (IRS) has begun receiving 2020 tax returns in the U.S. In 2020, the Americans have moved to …
How to apply for a U.S. ITIN from Canada?
Seemingly simple but a complex process!
U.S. Canada Cross Border Taxation for Canadian Businesses
How can Canadian businesses operate in the U.S. Choose the right structure and common mistakes to avoid.
US Income Taxes for Canadian Businesses – Which Forms to File?
How to report and pay U.S. income taxes for Canadian Corporations?
How and When U.S. Taxes Canadian Businesses
U.S. Income tax is one of the most complex tax systems in the world. Being a global leader, many times international businesses get their income …