Articles
A Guide on Net Worth Assessments: What You Need to Know
February 02, 2025
A net worth assessment is a tool the Canada Revenue Agency (CRA) uses when they believe a taxpayer’s...
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Winding-Up a Corporation: Tax Implications and Planning Strategies
February 02, 2025
Winding up a corporation involves selling or distributing its assets, settling debts and liabilities...
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How Long Can the IRS Audit You?
January 31, 2025
The Internal Revenue Service (IRS) generally has a three-year window to audit your tax returns. This...
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How Does Estate Tax Work with Foreign Assets?
January 31, 2025
The US estate tax is a federal tax on the transfer of an individual’s assets upon their death. For U...
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Canada-US Tax Treaty: Understanding Cross-Border Taxation and Its Implications
January 30, 2025
The tax treaty between Canada and the United States exists to prevent double taxation on income earn...
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The Physical Presence Test: How It Helps You Qualify for the Foreign Earned Income Exclusion
January 30, 2025
The Physical Presence Test is a key requirement for U.S. citizens and residents living abroad who wa...
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