COVID-19 – IRS Relief for Canadians Stranded in the United States
The IRS has announced relief from US taxation for certain Canadians and other international visitors stranded in the United States due to the COVID-19 outbreak.
26
05, 2020
5
12, 2019
Canadians with Assets in the United States: Watch Out for State Estate Taxes and State Inheritance Tax
If you own US property, read this article to learn about your potential exposure to State Estate and Inheritance Taxes in addition to US Estate Tax.
26
11, 2019
Americans living in Canada and Canadians owning US property may be subject to US Estate Tax!
If you are an American living in Canada or a Canadian owning US property, read this article to know your potential US Estate Tax exposure.
11
11, 2019
November 11th – Remembrance Day
“In Flanders Fields, the poppies blow Between the crosses, row on row, That mark our place; and in the sky The larks, still bravely singing, fly Scarce heard amid the guns below.” —John McCrae
2
05, 2019
Canadians Spending Too Much Time in the U.S. Beware! You May Have to File U.S. Tax Returns
If you are a Canadian who spends several months a year in the United States, you may be required to file a U.S. tax return. Click below to know more.
4
04, 2019
Section 1031 Exchanges: Potentially Great for Americans, Not So Much for Canadians When Selling US Real Estate
This article explores the basics and usefulness of a Section 1031 Exchange. It usually only works for Americans. Canadians should watch out!
20
11, 2017
Life Insurance and US Estate Tax for Canadians
Many Canadians use life insurance policies as an estate planning tool to ensure their families are cared after and to pay tax owed by their estates on accrued capital gains [...]
21
10, 2017
IRS Releases New 2018 Estate and Gift Tax Limits
Last month, the IRS announced its annual inflation adjustments for a number of tax-related provisions for 2018, including the estate and gift tax limits and annual gift tax exemption. With [...]
