10/05/2025
You moved to Canada, but your IRA stayed behind—and now, what was once a straightforward retirement account has turned into a potential tax landmine. Get it wrong, and you could face surprise taxes, double reporting, or even lose the tax-deferred growth you’ve worked so hard for. If you want to avoid costly mistakes and keep […]
10/05/2025
You didn’t skip filing your FBAR on purpose. You just didn’t know you had to. Welcome to the club. The FBAR (that’s the Report of Foreign Bank and Financial Accounts) is one of the most commonly missed filings among U.S. expats. It’s not part of your tax return. It’s not about owing more money. But […]
10/05/2025
If you’re one of the many Americans who looked north, saw free healthcare, affordable childcare, and universal poutine, and thought, “Yes, please”—you’re in good company. In 2025, more U.S. citizens, skilled workers, and entire families are making the jump to Canada, landing everywhere from the buzzing streets of Toronto to the wilds of Vancouver, the […]
10/05/2025
Say goodbye to that familiar blue-and-white envelope—after decades of mailing out IRS paper checks, the Treasury is pulling the plug. Starting soon, most income tax refunds will arrive via electronic funds transfer (EFT) or other digital payment systems, not the old-fashioned paper check in your mailbox. Why does this matter? For millions of Americans, getting […]
10/05/2025
You filed your U.S. tax return. You dotted your I’s, crossed your T’s, maybe even triple-checked your 1040. And yet—somewhere in the IRS’s massive labyrinth of rules—you missed one tiny-but-critical detail: an international information return. If you’ve got ties to a foreign trust, corporation, or financial asset, the IRS wants more than your income. It […]
10/05/2025
If you’re juggling paychecks, retirement plans, or investment accounts on both sides of the world’s longest border, you’ve probably wondered: “How much am I actually going to owe?” Welcome to the Canada vs US tax rate showdown. Both countries claim to have “progressive” tax systems, but how they slice up your income, stack up your […]
10/05/2025
Just when you thought U.S. tax policy couldn’t get any more complicated, Congress has passed a major change: a federal remittance tax on money sent abroad. Starting January 1, 2026, anyone wiring funds out of the United States—including U.S. citizens, green card holders, and even non-citizens—will face a new 1% tax on qualifying transfers when […]
10/05/2025
So, you’ve set your sights on a slice of the Great White North—maybe a Toronto condo, a Vancouver townhouse, or a lakeside cottage near Montreal. Real estate in Canada still feels like a safe bet, even when prices make your eyes water and your wallet flinch. But before you start daydreaming about your future Canadian […]
10/07/2025
For many years, Australia followed a simple rule: if you were born on Australian soil, you automatically became an Australian citizen. However, this changed dramatically on August 20, 1986. Since then, Australia no longer grants automatic citizenship to every child born in the country. Instead, a child’s eligibility for citizenship by birth now depends on […]
10/05/2025
Congratulations. You’ve made it across the border, survived Canadian immigration, and learned to spell “neighbourhood” with an extra “u.” Now you’re staring down your first real Canadian winter—a rite of passage best tackled with layers, a sense of humor, and a sturdy pair of boots. But paperwork and parka-shopping are just the start. Real life […]