Wednesday, September 20, 2017
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How to File Late Corporate Tax Returns?

Question Hi I started a contracting company in 2012 and incorporated in 2013. The company has become relatively successful however I’ve neglected to file tax returns...

How to Transfer my IRA to Canada (or into an RRSP)?

Question Hi Phil I moved to Canada in 2008 from Texas. I still have a sizable IRA in the US and in order to simplify my...

American Doctor Moving to Victoria BC

Question Hi, I'm a radiologist that will be moving up to Victoria in the summer to work on contract at the general hospital. I'm concerned...

Should I Incorporate my Business?

Question I've spoken to 2 separate accountants lately and each of them gave me different advice. One guy said I should definitely incorporate my business...

How to Start a Business in BC

If you’re interested in starting a business in BC you’ve come to the right place. Living, investing and building a business in BC can...

If Trump Wins I’m Moving to Canada! – But What About...

Not many thought he could get this far through the election cycle, but as Donald Trump secures the Republican nomination many Americans are seriously...

Cannabis, Income Tax and Justin Trudeau

Question Hi I have a close friend that runs a cannabis dispensary in Vancouver and he's doing quite well. He offered to help me open up...

New US Citizen in Canada video just posted!

Hi everyone Just uploaded a new video to youtube explaining some requirements for US expats. Hope you enjoy!

IRS’s 2011 OVDI (Offshore Voluntary Disclosure Initiative)

As many of you are already aware the Internal Revenue Service has launched (February 2011) a new Offshore Voluntary Disclosure Initiative. This initiative is...

Common Questions Asked By US Citizens in Canada – FATCA and...

We get a lot of tax and FATCA (Foreign Account Tax Compliance Act) related questions and I wanted to take the opportunity to outline...

New Streamlined Procedures for US Citizens Living In Canada

If you're a US citizen or green card holder living in Canada and have not yet caught up on filing your US tax returns...

New husband in the US – Tax implications

Question Hello, I am a self employed Canadian and US citizen residing in Canada. I file Canadian and US income taxes each year on worldwide income with foreigh...

Should I convert my IRA before moving to Canada?

Question Hello, I have a question...I'm planning on moving to Canada (I'm a US citizen) in the next few months and I'm wondering whether I should...

Do I pay US tax on interest earned from the US?

Question Hello Phil, I have what I hope is a simple question. If a Canadian resident earns interest income on money invested in the US, does the...

Canadian company (BC) doing business in the US

Question Hi Phil I own a BC corporation and I'm starting to do some business in California. I sell online goods to residents of California and...