Category: U.S & Cross Border Tax

Tax Implications of Leaving Canada Permanently

Becoming a non-resident of Canada can offer a range of personal and financial benefits. Each year, an increasing number of Canadians opt for non-residency, particularly in light of the recent 2024 Federal Budget, which introduced tax increases for high-net-worth individuals. This has prompted even more Canadians to explore the possibility of relocating abroad.

Migrating to Canada from the United States?

Here Are 10 Tips To Help Make The Transition Smoother! Whether you are relocating to a new city for experience or a job, migrating from the United States of America to Canada is not as easy as you think. There are multiple factors to take into consideration when planning your move to Canada. Our guide … Continue reading Migrating to Canada from the United States?

Foreign Reporting Forms U.S. FBAR & FATCA

Welcome to today’s webinar. My name is Rohan Badkar and in today’s webinar I will be covering foreign reporting forms U.S. FBAR and Form 8938. In today’s webinar, we will discuss:

Transfer Pricing – Concept and Procedures

Authors: Kul Makkar, Tan Garg (International Tax Advisors Canada) How would you determine that the price at which you are selling goods or services to your US subsidiary or branch is acceptable to both Canadian and US tax authorities? Essentially, any transaction between a related Canadian and overseas enterprise must successfully pass the test of arm’s … Continue reading Transfer Pricing – Concept and Procedures

Tax implications of Canadian investment in Florida rentals.

Thinking of making an investment in the sunshine state? Learn more about investing in a Florida rental property as a Canadian.

Reducing withholding taxes on U.S. property sales.

Are you selling or thinking about selling U.S. real estate? Read further to find out how Canadian sellers can reduce withholding taxes on the sale of U.S. property.

Reporting requirements for U.S. rental property sales.

Are you planning to sell a rental property in the U.S.? If yes, learn how to report the sale of your rental property on a U.S. Tax Return now.

Guide to preparing 1040-NR for U.S. rental properties.

Want to know how to prepare Schedule E and form 4562? In part 1, I showed you how to prepare a 1040-NR Tax Return for your U.S. rental property. In this final part, I will cover Schedule E and form 4562.

How to prepare 1040-NR tax returns for U.S. rentals.

Français   Are you a Canadian investor in US real estate? If yes, then this video is meant for you. I will show you how to prepare a 1040-NR Tax Return for your US rental property. This video is part one of a two-part series. In part 1, I will cover form 1040-NR and in … Continue reading How to prepare 1040-NR tax returns for U.S. rentals.

U.S. Tax I.D. Numbers for Canadians

Français Are you curious about applying for an Individual Taxpayer Identification Number? Keep reading to find out what an ITIN (Individual Taxpayer Identification Number) is and how you can apply for one. Please note, this number is not a replacement for the Social Security Number (SSN).

Tax implications for Canadians selling US property

As a Canadian, are you aware of the tax consequences of selling your US real estate properties? Most Canadian’s aren’t, even though they are buying US real estate more so than ever before. Read further to understand the tax implications of Canadians selling US properties. 15% Withholding tax As a Canadian or a non-resident of … Continue reading Tax implications for Canadians selling US property

Why do LLCs Result in Double Taxation for Canadians?

If you are a Canadian interested in making a U.S. property investment, using an LLC will ultimately result in double taxation for you. 

Payroll taxes for Canadians temporarily working in the U.S.

Are you a Canadian planning on temporarily working in the United States and are worried about how your payroll will be taxed? Learn about a strategy that will help you prevent double taxation and save your hard earned money along the way.

Filing Tax Returns for U.S. Citizens Living in Canada

Over 1 million US citizens are living in Canada. Yet, many of them are unaware of their tax filing obligations. Read more to learn about what you should do so that you will never have to miss a tax filing deadline again.

Tax implications for Canadians working in the U.S.

Are you a Canadian who has a temporary work assignment in the United States?  If yes, then this video is for you. Keep reading to be aware of the relevant tax issues, including how to avoid double taxation.

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