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 ...