by Olga | May 27, 2026 | Uncategorized
Selling a Florida condo, an Arizona vacation home or a New York rental as a Canadian? Before the closing wires hit your account, the IRS may already have 15 percent of the gross sale price. That is FIRPTA tax withholding, and almost every Canadian seller of US real...
by Olga | May 27, 2026 | Uncategorized
If you split your year between Toronto and Tampa, own a condo in Florida, hold US investments, or have children who became American citizens, your estate plan needs to clear two systems at once. Canada has no estate tax but does have deemed disposition at death. The...
by Olga | Feb 27, 2026 | Uncategorized
SECTION 2801 AND THE NEW FORM 708 – HOW THE IRS WILL NOW BE SCRUTINIZING US EXPATS AND THEIR FAMILIES Avi Guttman / February 27th 2026 Canada is home to well over one million US citizens, as well as many US Green Card holders. For varying reasons, many such...
by Olga | Jan 5, 2026 | Bradley R. Thompson, Cross Border Tax Planning
New U.S. Regulations for Controlled Foreign Corporation Income Bradley R. Thompson / January 3rd 2026 President Trump’s Tax Cuts and Jobs Act in 2017 was the largest tax reform in the United States since 1986. Part of this reform were new rules applicable to...
by Olga | Aug 5, 2025 | Uncategorized
U.S. Estate Tax Planning for Canadians Under the One Big Beautiful Bill Act Yana Timokhova / August 05, 2025 The recently passed One Big Beautiful Bill Act brings major changes to the U.S. tax system and some of those changes create important estate planning...