U.S. Tax Primer for Canadian Individuals with U.S. Tax Filing Requirements

  • 2 reading minutes
On Feb­ru­ary 25, 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 com­pre­hen­sive review of U.S. tax fil­ing and report­ing con­sid­er­a­tions for Cana­di­an indi­vid­u­als with a U.S. con­nec­tion: U.S. source income, invest­ments, or U.S. real prop­er­ty.   Who Will Ben­e­fit From Attend­ing This Webi­nar? This webi­nar is intend­ed for indi­vid­u­als, busi­ness­es, their trust­ed advi­sors and tax pro­fes­sion­als. The con­tent is espe­cial­ly rel­e­vant to U.S. tax and Cana­di­an tax advi­sors who are assist­ing their clients in address­ing U.S. tax and cross-bor­der impli­ca­tions.   Top­ics Cov­ered in This Webi­nar. Fig­ur­ing out one’s U.S. tax fil­ing and report­ing oblig­a­tions is not an easy task for many peo­ple. At times, due to the com­plex­i­ty of U.S. inter­na­tion­al tax and cross-bor­der tax rules, it is also chal­leng­ing for tax prac­ti­tion­ers. The non-com­pli­ance can be cost­ly — the U.S. impos­es severe mon­e­tary and, some­times, crim­i­nal penal­ties for indi­vid­u­als who are not com­ply­ing with appli­ca­tion U.S. tax laws. The tax laws con­stant­ly change and evolve and are not easy to inter­pret. The num­ber of IRS Forms and tax returns that may be required to be filed with the IRS by Cana­di­ans is stag­ger­ing.   Here’s just a sam­ple of what we’ll cov­er dur­ing this webi­nar: 
  • Overview of com­mon myths and mis­con­cep­tions about U.S. tax­a­tion of non­res­i­dent alien indi­vid­u­als;
  • Cat­e­gories of Cana­di­ans sub­ject to U.S. tax;
  • Sam­ple sce­nar­ios that may require Cana­di­an indi­vid­u­als file a U.S. tax return;
  • Tax res­i­den­cy for U.S. fed­er­al income tax and estate and gift tax pur­pos­es;
  • Impor­tant IRS Forms and dead­lines for the 2019 tax year;
  • Overview of IRS penal­ties;
  • Penal­ty pro­tec­tion and how to use it effec­tive­ly;
  • Tax com­pli­ance tips and prac­ti­cal con­sid­er­a­tions;
  • … and more!
To learn more, please reg­is­ter and gain the knowl­edge you need to help your clients pre­pare for their 2020 tax sea­son and effec­tive­ly man­age their poten­tial U.S. tax expo­sure. Plus, you can earn up to 1 CPD cred­it (rel­e­vant to Cana­di­an CPAs).  We hope you join us![templatera id=“34208”]

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