Articles

How to Handle Taxation on Foreign Rental Income

March 26, 2025

Owning rental property in a foreign country can be a lucrative investment, but it comes with tax obl...

Tax Deductions Available for Freelancers and Independent Contractors

March 25, 2025

Freelancers and independent contractors in Canada and the U.S. are considered self-employed, meaning...

How to File a Foreign Trust Report (IRS Form 3520)

March 25, 2025

U.S. taxpayers who have financial interests in a foreign trust or receive large gifts from foreign i...

Tax Benefits for Small Business Owners in Canada

March 24, 2025

Small business owners in Canada have access to several tax benefits, deductions, and credits that he...

How the Principal Residence Exemption Works for Canadian Homeowners

March 24, 2025

The Principal Residence Exemption (PRE) is a tax benefit available to Canadian homeowners that allow...

The Complete Guide to RRSP Withdrawals and Their Tax Impact

March 21, 2025

The Registered Retirement Savings Plan (RRSP) is a tax-advantaged savings vehicle for Canadians, des...