U.S. citizens are required to file a U.S. tax return every year, even if they don’t live or work in the U.S. That means Americans who live in Canada must file two tax returns each year — one for Canada, one for the U.S. — no matter how long they’ve been here. In order to […]
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When it comes to the tax system, no one — taxpayers, their advisors and even the Canada Revenue Agency — likes uncertainty. On the other hand, it’s equally important that the tax system be fair and not subject to the abuse that can arise as a result of overly fancy footwork. So, it’s disappointing that […]