601 plain-English guides on cross-border, each one ending in what to do next.
Page 19 of 26, newest first.
The non-willfulness certification, Form 14653 if you live outside the United States, Form 14654 if you live inside it. Covers key rules, filing.
Cross-BorderThe IRS Streamlined Filing Compliance Procedures are the most commonly recommended path for US persons who are behind on their offshore reporting.
Cross-BorderCanadian mutual funds are PFICs, RRSP and TFSA holdings included, and each needs its own Form 8621 every covered year. Covers treaty provisions, foreign.
Cross-BorderA testamentary trust is any trust that arises on (and because of) a person's death, typically created by a will. Covers key rules, filing requirements,.
Cross-BorderUS real property is a US-situs asset for estate tax purposes, and the $60,000 NRA exemption covers almost nothing. Covers treaty provisions, foreign tax.
Cross-BorderListing a US LLC on Airbnb changes the trade-or-business classification, withholding, and FAPI on the Canadian side. Compare LLC, S-Corp, and sole.
Cross-BorderA US citizen or green card holder as trustee can change a Canadian trust's US classification, trigger annual reporting. Covers treaty provisions, foreign.
Cross-BorderHow the US wash sale rule and Canada's superficial loss rule interact for cross-border investors harvesting tax losses across both countries.
Cross-BorderThe penalties apply even if you reported all the income from those accounts on your return and owe zero additional tax. Covers key rules, filing.
Cross-BorderIf you are a US person with Canadian filing obligations (or a Canadian resident with US filing obligations) and you are behind on both sides.
Cross-BorderThe wrong route can turn a zero-penalty fix into a six-figure bill, and the right route can take a potential $100,000+ exposure and resolve it for nothing.
Cross-BorderThe IRS changed how it handles Form 3520 penalties in late 2024. What this means for TFSA, RESP, and foreign trust penalties, and how to request abatement.
Cross-BorderThe penalties are designed for large multinationals hiding offshore income, but they land equally on dual citizens running a one-person Canadian company.
Cross-BorderLeaving Canada for Australia triggers departure tax on unrealized gains. Australia has no arrival tax, and a cost-base step-up stops double tax on the gain.
Cross-BorderTax checklist for Canadians moving to Dubai or the UAE. Departure tax, RRSP, TFSA, pensions, Part XIII withholding without a treaty cap, and Section 217.
Cross-BorderTax checklist for Canadians moving to Mexico. Departure tax, RRSP, TFSA, pensions, the Canada-Mexico treaty step-up election, and SAT registration.
Cross-BorderThe tax checklist for Canadians moving to Portugal. Departure tax, RRSP, TFSA, pensions, the Canada-Portugal treaty, and what replaced the NHR regime.
Cross-BorderThe tax checklist for Canadians moving to the UK. Departure tax, RRSP, TFSA, pensions, the Canada-UK treaty, and the Statutory Residence Test.
Cross-BorderUS businesses do not issue a 1099 to Canadian contractors who provide a W-8BEN. The W-8BEN claims the treaty exemption and eliminates US withholding.
Cross-BorderAmericans can buy Canadian property, but a federal ban on foreign residential purchases runs through January 2027. Covers key rules, filing requirements,.
Cross-BorderIf you were born outside Canada to a Canadian parent, you may already be a Canadian citizen by descent. Under the Citizenship Act.
Cross-BorderUS citizens in Canada file two returns but rarely pay two full tax bills. The short answer is no, not on most income. Covers key rules, filing.
Cross-BorderThe Canada-US tax treaty prevents double taxation by setting which country taxes each type of cross-border income and reducing withholding rates.
Cross-BorderAn Employer Identification Number (EIN) is a nine-digit US federal tax identification number issued by the IRS to businesses, trusts, estates.