If you’re not a U.S. resident and want tax treaty benefits from the U.S., IRS Form 8833 is what you need. This form helps you save money and makes your U.S. tax duties easier. Filing late or incorrectly may result…
A US-Canada joint venture lets businesses team up and grow across the border, but taxes can feel heavy. In 2023, the US-Canada trade hit $1.3 trillion CAD. Energy and tech joint ventures fueled big investments. The great news is that…
Fees on US purchases with your Canadian card add up quickly. Canadians made 8.0 million trips to the US in 2024, spending $6.4 billion. The best US banks for Canadians keep fees low and transfers easy for people like snowbirds…
Imagine earning a paycheck in one country, only to have both Canada and the US tax it. Sounds like a nightmare, right? That’s where the Canada-US Tax Treaty steps in, a lifesaver for Canadians working in the US, US citizens…
Selling a U.S. property as a Canadian in 2025 means handling tax requirements like capital gains and reporting. U.S. tax rules can surprise you. Canadians grabbed 25% of foreign home sales in the U.S. from April 2023 to March 2024,…
Canadians moving to the U.S., U.S. citizens with Canadian investments, or dual citizens filing U.S. taxes face tricky cross-border tax rules. You must report T5 slip income on your U.S. tax return. About 1.5 million U.S. tax returns claimed foreign…
As a Canadian dentist, orthodontist, periodontist, or oral surgeon, you shine in patient care. Managing finances is key to success as well. Taxes can be costly. In 2025, new CRA rules require exact GST/HST credits for orthodontic treatments, ending the…
Imagine you win a $10,000 jackpot in Las Vegas, but the casino gives you only $7,000 because the IRS withholds 30%. That’s a big portion of your winnings. Every year, about 2-3 million Canadians visit U.S. casinos, leaving $150 million…
If you’re a Canadian planning to sell your U.S. property, you might face a tax called FIRPTA. Last year, over 7,000 Canadians sold U.S. properties and dealt with tricky IRS rules. Snowbird or investor, learn what FIRPTA tax is to…
Nowadays, in 2025, green accounting and bookkeeping aren’t just cool phrases. Statistics show that 78% of people like businesses that care about the planet. Sustainability helps accountants, too. It saves the environment and brings in cash for your business. If…