Treatment of Qualified Small Business Stock (“QSBS”) is a prized tool for founders to raise capital and for early investors to utilize in building equity that can be practically tax ...
US Tax: Is the One Big Beautiful Bill For Me?
You’ve seen the red-carpet rollout for President Trump’s One Big Beautiful Bill (OBBB), the flurry of articles, webinars and analysis that ensued, but are still wondering…what does this have to ...
Selling a U.S. Property – Should One File a Form 8288 for a Deduction in U.S. Taxes?
Canadians who want to sell their vacation properties in the U.S. are surprised to discover that the IRS requires 15% withholding on the gross proceeds they will receive on the ...
Attention Snowbirds: Your U.S. Stay May Trigger Tax Obligations
For Canadian snowbirds who spend extended periods in the U.S., it’s important to be aware that your time south of the border could trigger U.S. tax filing requirements. Even if ...
Net Investment Income Tax Ruling, and Good News for US Expats
IRS Overruled & Potential Refunds If you are a US expat taxpayer, the latest court ruling comes as welcome news to you. A US federal court has overturned a controversial ...