581 plain-English guides on cross-border, each one ending in what to do next.
Page 15 of 25, newest first.
The US imposes a specific exit tax on covered expatriates (mark-to-market deemed sale under IRC 877A, with a $866,000 exclusion for 2023).
Cross-BorderRenouncing US citizenship ends the obligation to file US tax returns, but the process itself creates a final tax event.
Cross-BorderWhen a beneficiary of a Registered Education Savings Plan (RESP) enrolls in a qualifying post-secondary program.
Cross-BorderRoyalty income crosses the border when a Canadian owns intellectual property licensed to a US company (or the reverse).
Cross-BorderWhen to convert your RRSP to a RRIF, how minimum withdrawals are taxed in both countries, the Part XIII exemption on minimums.
Cross-BorderCan a US citizen contribute to an RRSP? How it is treated on the US return, the treaty election, contribution room mechanics.
Cross-BorderRSP and RRSP both refer to Canada's registered retirement savings plan. The difference in naming, the US tax treatment, and the cross-border complications.
Cross-BorderHow the qualified business income deduction works when you have a Canadian business, foreign income, or cross-border rental.
Cross-BorderSection 85 of the Income Tax Act lets a Canadian taxpayer transfer property to a Canadian corporation on a tax-deferred basis.
Cross-BorderSelf-employment income is taxed in the country where the work is performed, not where the client is located.
Cross-BorderFor employees, the employer handles the remittance and the totalization agreement sorts out which country collects.
Cross-BorderSeverance pay creates a cross-border tax problem because the payment arrives after the employment ends.
Cross-BorderA spousal RRSP lets one spouse contribute to an RRSP in the other spouse's name, using the contributor's own contribution room.
Cross-BorderWhen you can claim the standard deduction as a cross-border filer, when you must itemize, the NRA and dual-status rules, and the SALT cap on state taxes.
Cross-BorderA US citizen (or green card holder) who incorporates a business in Canada creates a cross-border tax structure from inception.
Cross-BorderFederal taxes are only half the story. The Canada-US tax treaty coordinates federal taxation between the two countries.
Cross-BorderThe substantial presence test is the formula the IRS uses to determine whether a non-citizen without a green card is a US tax resident.
Cross-BorderThe CRA and IRS can help each other collect tax debts under the treaty's mutual collection assistance article.
Cross-BorderWhen a company moves an employee from Canada to the US (or the other way), the employee's tax situation changes, and not always for the better.
Cross-BorderThe IRS tax home is your regular place of business, not where you live. The IRS "tax home" is not where you live.
Cross-BorderA tax residency certificate proves where you live for treaty purposes. The US uses Form 8802 to request one; Canada uses a letter from the CRA.
Cross-BorderIf your Canadian and US companies do business with each other, the prices you charge between them must be arm's length.
Cross-BorderYou can be a tax resident of both Canada and the United States at the same time under each country's domestic rules.
Cross-BorderThere is no Canadian tax triggered by the purchase itself (no transfer tax beyond the provincial land transfer tax that applies to all buyers.