581 plain-English guides on cross-border, each one ending in what to do next.
Page 17 of 25, newest first.
A Canadian dies owning a Florida condo and a brokerage account holding US shares. Nine months later the IRS expects a return.
Cross-BorderThe IRS does not want fifteen years of back returns. It wants three years of income tax returns and six years of FBARs, filed through the right program.
Cross-BorderAn ITF account at a Canadian bank looks simple but triggers Canadian attribution rules, plus foreign trust reporting when a parent or child is a US person.
Cross-BorderThe tax consequences aren't simple at all, and they get worse when one of those names belongs to a US citizen or green card holder.
Cross-BorderSince 1986, IRC 1(g) has required that a child's unearned income above a threshold be taxed at the parent's marginal rate, not the child's.
Cross-BorderLife insurance is one of those things that works beautifully in one country and then falls apart when you add the other country's tax rules.
Cross-BorderHow the Canadian principal residence exemption under ITA 40(2)(b) and the US section 121 exclusion interact when you sell a home after crossing the border.
Cross-BorderHow Canada's refundable dividend tax on hand system interacts with US tax rules for Americans owning CCPCs, including CFC, GILTI.
Cross-BorderCanadian residents report US Airbnb income on Form T776, claim the foreign tax credit on T2209, and file T1135 if the property cost exceeds $100,000 CAD.
Cross-BorderHow to report US income on your Canadian T1, including foreign tax credits on T2209, T1135 filing thresholds, and the mistakes that trigger reassessments.
Cross-BorderHow RESPs work across the US-Canada border: trust reporting, PFIC exposure, CESG grants, withdrawal tax, and planning strategies for cross-border families.
Cross-BorderA Canadian RRSP or RRIF that was tax-deferred for decades becomes fully taxable when the holder dies.
Cross-BorderSDOP and SFOP are one streamlined program with two tracks. Miss the non-residency call and a $500,000 balance costs $25,000 instead of zero.
Cross-BorderSelling a US vacation rental as a Canadian resident triggers filings on both sides of the border, and the sequencing matters.
Cross-BorderThe complete tax picture when a Canadian snowbird rents a Florida condo on Airbnb part of the year: US reporting, the 871(d) election, IRC 280A.
Cross-BorderA Canadian spousal trust lets you transfer property to a trust for your spouse's benefit without triggering an immediate tax bill.
Cross-BorderAn RRSP gets treaty deferral and light reporting. A TFSA gets none of that: it's a foreign trust, taxed every year, on Forms 3520 and 3520-A.
Cross-BorderIf your bank in London, Frankfurt, Tel Aviv, Dubai, Singapore, or Sydney sent you a letter asking for a US tax identification number you don't have.
Cross-BorderAfter you submit streamlined returns and FBARs, here's what the IRS actually does with them, the real audit risk, and what you owe going forward.
Cross-BorderA snowbird who crossed the substantial presence threshold may owe no US tax but face steep FBAR and Form 8938 penalties. Streamlined filing closes the gap.
Cross-BorderStreamlined filing isn't a rubber stamp. The IRS rejects incomplete packages, wrong track selections, and weak non-willfulness certifications.
Cross-BorderA streamlined catch-up is already a reconstruction project: three years of returns, six years of FBARs, one non-willfulness statement.
Cross-BorderMost IRS streamlined guidance reads as if you're a single filer. You have unreported accounts, you file the package, and you're done.
Cross-BorderRetirees collecting CPP, OAS, RRIF, or private pensions in Canada can catch up through SFOP with zero penalty.