971 plain-English guides on cross-border moves, US and Canadian returns, and small-business money. Each one ends in what to do next, and says when a written Diagnostic is the smarter first step.
Page 38 of 41, newest first.
Canada does not recognize a 529 plan's tax-free status. The 529 keeps its US tax-free status after you move.
Cross-BorderBoth require the seller to compute the real tax, and the real tax depends on whether the property was personal use or rental, how long it was held.
Cross-BorderCanada ignores the ISO distinction, so all stock options are taxed alike. A stock option exercised after a cross-border move is taxed by both countries.
Cross-BorderYou keep your HSA when you move to Canada, but Canada taxes the growth annually, you cannot contribute without a US HDHP, and the treaty does not cover it.
Cross-BorderThe One Big Beautiful Bill made TCJA rates permanent and raised the estate exemption to $15 million. Here is what changed for cross-border filers.
Cross-BorderHow the totalization agreement prevents double FICA and CPP contributions, assigns coverage to one country, and lets you combine work credits for benefits.
Cross-BorderNo state may tax the retirement income of someone who is neither its resident nor its domiciliary under 4 U.S.C.
Cross-BorderYes, the ESPP discount stays US-taxable. IRC 423(c) treats it as compensation sourced to where you worked, not where you live when you sell.
Cross-BorderTwo of the three FHSA types at ITA 146.6(1) aren't trusts at all. Where yours is the trusteed kind, Rev. Proc.
Cross-BorderCanada gives an individual 10 calendar years from that year's end under ITA 152(4.2), and the Minister may.
Cross-BorderIt's 5% of the highest year-end aggregate of unreported foreign assets across the covered years, charged once.
Cross-BorderYes, on Form RC4288. ITA 220(3.1) reaches penalty and interest but not the tax, ten years from year end. The CRA runs interest on a ten-year accrual clock.
Cross-BorderYes. Form T1244 elects under ITA 220(4.5) to defer the tax on your deemed disposition, and the statute deems security accepted up to a floor amount.
Cross-BorderLeaving Canada doesn't cancel the principal residence exemption, and the departure rules don't trigger it either.
Cross-BorderUsually not. Canadian Corporations and Companies are treated as corporations for US tax, so Form 8832 is closed to them.
Cross-BorderIf you meet the substantial presence test and want the closer connection exception, Form 8840 is the statement you file.
Cross-BorderYes if you're resident in Canada and a US corporation is your foreign affiliate: 1% yourself, 10% across related persons, 10 months after year end.
Cross-BorderUS self-employment tax is a US-person exposure: it generally reaches US citizens and US residents wherever they live.
Cross-BorderNo, and the relief reaches back further than most write-ups say. But it left Form 8938 and the FBAR standing, and that carve-out is in the operative text.
Cross-BorderUnless exempt, the trust files it and the trustee signs, by the 15th day of the 3rd month after its year end.
Cross-BorderIt depends on the tax year. Public Law 119-21 (4 July 2025) renamed the inclusion net CFC tested income.
Cross-BorderIf the move made you a US tax resident, the US taxes income from sources inside and outside the country.
Cross-BorderIt's three taxes stacked: New York State residency, New York City's own income tax, and nonresident sourcing. State and city each have two routes in.
Cross-BorderYou can, but filing quietly doesn't buy Streamlined's penalty terms. You can file going forward, and nothing stops you amending old returns either.