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Question about T1135 after inheritance

Question

Hi Phil,

Thanks for all the info you provide in your blog. Please let me know if you can help me with the question below or whether this question can be referred to a colleague.… Read more...

US expats in Canada, you need to know this for April

Tax season is already in full swing and April is just around the corner. Tax season can be a challenge for most, however US expats living in Canada have even more challenges given the fact that they need to navigate two tax regimes and deadline dates.… Read more...

Canadian FBAR Exchange Rates 2023

As a US citizen or resident of the US, and to the extent that you have beneficial interest or signing authority over foreign financial accounts (foreign to the US) in excess of $10,000 (calculated as the total of the highest balance in all your non-US bank and investment accounts) USD you will be required to file Foreign Bank Account Reporting forms or FBAR (form 114).… Read more...

Do these 5 things before tax season

A huge part of your ultimate success in navigating tax season will be the work and efforts you put in before the season actually get going.… Read more...

IRS Announces January 29 as the Start of the 2024 Tax Season

Executive Summary

  • Commencement Date: The IRS announces January 29, 2024, as the start of the 2024 tax filing season for processing 2023 tax returns.
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IRS Streamline program, TFSA, RESP, NIIT and much more with Rob Brown and Doug Lawson EP. #27

On episode #27 of Crossing the 49th Podcast, we delve into the IRS Streamline Tax Program and Cross-Border Financial Planning with Experts Rob Brown and Doug Lawson.… Read more...

How to Find and Work with a Cross-Border CPA | 🇨🇦 🇺🇸 – Ep.25

On episode #25 of Crossing the 49th Podcast, we discuss How to Find and Work with a Cross-Border CPA.

 

Extended Summary of the Podcast: In this insightful episode, host Phil Hogan provides valuable tips on finding and working with a cross-border tax accountant.… Read more...

2024 Tax Update: Unveiling the Latest IRS Tax Brackets and What They Mean for You

Introduction: As the calendar flips to a new year, taxpayers across the United States must familiarize themselves with the Internal Revenue Service’s updated tax brackets.… Read more...

When are my cross-border tax returns due? 🇨🇦 🇺🇸 – Ep.24

On episode #23 of Crossing the 49th Podcast we discuss When are my cross-border tax returns due? 

 

Extended Summary of the Podcast: In the episode of “Crossing the 49th,” host Phil Hogan delves deep into the intricacies of cross-border tax and financial planning, specifically tailored for Americans residing in Canada.

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October 16th, Crypto, 30% IRA withholdings and CRA FTC – Ep.23

On episode #23 of Crossing the 49th Podcast we discuss October 16th, Crypto, 30% IRA withholdings and CRA FTC.

 

Summary:

In the latest episode of “Crossing the 49th: The Crossborder Tax and Financial Planning Podcast,” host Phil Hogan delves into some frequently asked cross-border tax questions.

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