Articles

What Happens If You Don’t Report Your Crypto Transactions?

March 27, 2025

Cryptocurrency transactions are subject to taxation, and the IRS and CRA have increased their enforc...

The IRS’s New Rules on Cryptocurrency and NFTs for 2025

March 26, 2025

As the cryptocurrency and NFT markets continue to grow, the IRS has implemented new tax regulations...

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...