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Top 5 Tax Issues for Americans Moving to Canada

Andersen 10/27/2020

Moving to another country is the most significant tax event in most people’s lifetime. There are wins to be taken advantage of and potential traps to be avoided. Americans have a unique issue in Canada, they will be subject to tax in both Canada and ...

Filing Strategies for Delinquent U.S. Taxpayers: Bad News and Good News.

Warren Dueck, FCPA, FCA, CPA (Washington) 06/15/2020

U.S. citizens and Green Card holders living outside the United States are often unaware of their U.S. tax filing and disclosure obligations. In a two-part video series, Andersen partner, Warren Dueck reviews the obligations and strategies available to delinquent U.S. taxpayers. The videos cover who ...

U.S. Federal Income Tax and Information Reporting Relief Procedures for Certain Former U.S. Citizens

Emily Yu, CPA, CGA 01/21/2020

The new procedures are intended to provide relief to eligible individuals who had renounced their U.S. citizenship or plan to renounce. U.S. citizens are subject to U.S. federal income tax and information reporting requirements annually, even if they live outside of the United States. Some ...

U.S. Transition Tax – A Fourth Update

Steven Flynn, CPA, CA, CPA (Washington) 04/14/2018

In mid-April, there is usually a race against time by taxpayers and accountants to meet U.S. tax filing deadlines. The normal U.S. tax filing deadline for the 2017 year for individuals and certain U.S. entities is Tuesday, April 17th (a few days later than the ...

U.S. Transition Tax – Next Update

Steven Flynn, CPA, CA, CPA (Washington) 04/03/2018

On April 2nd, the IRS and U.S. Treasury issued more guidance on the U.S. Transition Tax enacted by the Tax Cuts and Jobs Act (“TCJA”) in December 2017. As the U.S. moves to a territorial tax system for profits earned outside the U.S., this provision ...

The member firms of Andersen in Canada focus on Canadian, international and Canada-U.S. cross-border tax matters. With offices across Canada, our tax professionals work with a broad range of businesses and individual clients to develop innovative tax solutions for a diverse range of issues. Our senior leaders and many of our professional staff have extensive experience in Canadian, international, U.S. and cross-border tax matters with major international accounting firms, as well as practical experience working with businesses and individuals.