On May 26, 2020 at 12:00pm (Eastern Time), join us for a free webinar with U.S. tax attorney Alexey Manasuev, LL.M. (Int'l Tax), NYU, TEP, will provide an overview of the Internal Revenue Service (“IRS”) audit and appeals process, including…
It’s 2020 and more and more people are embracing the power of scaling up their business in the digital realm. In fact, as of 2018, e-commerce retail transaction sales in Canada were valued at C $1.6 billion (C $1.85 billion…
On April 14, 2020 at 12:00pm (Eastern Time), join us for a free webinar with U.S. tax attorney Alexey Manasuev, LL.M. (Int'l Tax), NYU, TEP, and a U.S. tax accountant Ranko Princip, LL.M. (Tax), CPA (MD) who will discuss key…
Author(s): Thomson Reuters/Tax & Accounting The contents of this client letter are based on the Client Letter provided by Thompson Reuters | Checkpoint research database.
If you’re an American expat with a foreign bank account, you may have special reporting obligations with the U.S. Department of Treasury. This reporting obligation is focusing on the disclosure of your foreign – non-U.S. financial assets and bank accounts,…
On March 24, 2020 at 12:00pm (Eastern Time), join us for a free webinar with U.S. tax attorney Alexey Manasuev, LL.M. (Int'l Tax), NYU, TEP, and a U.S. tax accountant Ranko Princip, LL.M. (Tax), CPA (MD) who will provide a…
Author(s): TaxNotes® staff The following article first appeared in TaxNotes, Tuesday, March 17 2020.
Who Will Benefit From Attending This Webinar? This webinar is intended for U.S. citizens and residents with foreign trust or trust-like arrangements. The content is especially relevant to U.S. tax and Canadian tax advisors who are assisting their clients in…
Yesterday, March 2, the IRS has provided a long-awaited relief from reporting on Form 3520-A and 3520 and associated penalties to dual U.S./Canadian citizens and Green card holders with certain “tax-favored foreign” arrangements. Rev. Proc. 2020-17 discusses eligible U.S. citizens…
The U.S. tax season is in full swing! If you are a U.S. expat living in Canada or a Canadian businessman with U.S. source income, you will most likely need to file a U.S. federal tax return in 2020. Importantly,…