US Tax Reform Summary

On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (HR 1).  This legislation, which was passed through Congress strictly on party lines, has made a significant number of changes and modifications to existing US tax law.   Although the new tax law is getting an enormous amount of press coverage […]

how will the IRS catch me

How Will the IRS Catch Me?

How will the IRS catch me? Sticking your head in the sand and wishing your troubles away is never a sound tax strategy.  You may be surprised, though, as to how many US persons (i.e. US citizens, green card holders or resident aliens) continue to follow this path even after years of media attention on […]

expatriate tax rules, expatriate tax preparation vancouver bc, expatriate tax services

Thinking of Leaving the US? Know the Expatriation Tax Rules

It’s no secret that many Americans living in Canada are unhappy with their U.S. tax compliance costs and information reporting burdens. For those that are voting with their feet and renouncing their U.S. citizenship(i) or terminating their long-term U.S. residency(ii) (“expatriating”), careful planning should be undertaken prior to expatriating to avoid costly surprises. A few […]