US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Welcome to W.L. Dueck & Co. LLP’s US and cross-border tax blog. We are a team of over 20 tax professionals that work exclusively on US and cross-border tax issues. Our clients include Canadian businesses and individuals with investments in the US and US citizens resident in Canada. We provide both tax consulting and tax return preparation services. We work with individual and business clients and their legal, accounting and financial advisors.

WLDTax

Richmond Office Temporarily CLOSED JUNE 18 and possibly 19 for maintenance

Our Richmond, BC office is currently closed for building maintenance today (June 18) and possibly tomorrow. We apologize for any inconvenience. You may still reach our Richmond staff by email and our Calgary office is open for any deliveries. We will confirm when the building is open again. Thank you for your understanding.

Steven Flynn

US Transition Tax – Update Number Five

Further Relief  As they did before the April 15th tax filing deadline, the IRS once again issued guidance on the US transition tax right before a tax filing deadline. This time, the filing deadline is June 15, the extended filing deadline for US taxpayers abroad, the very group US transition tax impacts.  Guidance published on Monday, June 4th provides filing and payment relief for individuals in certain circumstances. Highlights where an individual taxpayer has a total transition tax liability of… Read More

WLDTax

We’ve Gone Global. Andersen Global Continues Expansion in Canada

Andersen Global continues its expansion in Canada as the Partners and professionals at W.L. Dueck & Co. LLP join the existing Andersen Tax team in Canada. Andersen Global currently has a member firm in Montreal and will be adding a member firm with locations in Vancouver, Calgary, Richmond and Edmonton as W.L. Dueck & Co. LLP, led by Founding Partners Warren Dueck and Steven Flynn, officially debuts the Andersen name. “We are excited to formalize our relationship with Andersen and… Read More

Steven Flynn

US Transition Tax – A Fourth Update

In mid-April, there is usually a race against time by taxpayers and accountants to meet US tax filing deadlines. The normal US tax filing deadline for the 2017 year for individuals and certain US entities is Tuesday, April 17th (a few days later than the usual April 15th due to weekends and a US holiday on Monday).  Entering the “race against time” this year is the Internal Revenue Service itself, who on Friday April 13th published more guidance on the… Read More

Steven Flynn

US Transition Tax – Next Update

On April 2nd, the IRS and US Treasury issued more guidance on the US Transition Tax enacted by the Tax Cuts and Jobs Act (“TCJA”) in December 2017.  As the US moves to a territorial tax system for profits earned outside the US, this provision assesses a tax rate on accumulated earnings and profits in specific non-US corporations owned by certain US corporations and US individuals. Our previous blog entries explaining the tax and IRS/US Treasury updates can be found… Read More