2,121 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 86 of 89, newest first.
Canada 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-BorderUnder 4 U.S.C. 114, no state may tax the retirement income of someone who is neither its resident nor its domiciliary. Which plans count, and what your old state can still tax.
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-BorderIs your FHSA a foreign trust for Form 3520? Only the trusteed kind can be. Insured and deposit FHSAs aren't trusts, and Rev. Proc. 2020-17 doesn't settle it.
Cross-BorderCanada gives an individual 10 calendar years from that year's end under ITA 152(4.2), and the Minister may. Usually yes.
Cross-BorderThe Streamlined Domestic Offshore penalty is 5% of the highest December 31 total of your unreported foreign assets across the covered years, charged only 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. Covers key rules, filing requirements,.
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. Covers key rules, filing.
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-BorderThe foreign trust files it, the trustee signs it, and it's due the 15th day of the 3rd month after the trust's year end (15 March for a calendar-year.
Cross-BorderFrom 2026, GILTI is net CFC tested income: no QBAI carve-out, a 40% deduction and a 90% credit. A CCPC at the small business rate usually fails the high-tax test.
Cross-BorderThe US, if the move made you a US tax resident, and the reach is then wider than you'd expect: a resident is liable on income from sources inside.
Cross-BorderThree taxes stack when you move from Toronto to New York: state, city, and nonresident sourcing. Departure tax and RRSP treatment on top.
Cross-BorderFiling US returns quietly going forward skips Streamlined's penalty protection. The trade-off between a quiet disclosure and the formal program.
Cross-BorderForm NR74 produces a non-binding CRA opinion on your residency status when entering Canada. Usually not worth filing, for the same reason NR73 is risky.
Cross-BorderNo, it's not taxable income. But once a gift or inheritance from a Canadian parent tops $100,000 in a year, Form 3520 is required.