US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Posts filed under ‘Canada-US Tax Treaty’

Warren Dueck

Trump’s Tax Plans

Donald Trump’s surprise election win has people wondering about his tax plans. Many things said on the campaign trail never result in any change.  To achieve any of his tax plans, Trump will need the cooperation of Congress, including those he likely alienated, if not excoriated during the campaign. Trump has made the common but elusive, if not contradictory promises of tax relief for the middle class, simplification of the tax code and growing the economy without adding debt or… Read More

Steven Flynn

Changing Canadian and US Tax Law

Feedback is a valuable tool for improvement.  Whether you are a student seeking advice from a teacher, a professional listening to clients to upgrade service or a young point guard looking to beat a press (pass the basketball instead of dribbling it), we can all evaluate suggestions to help us improve.  Governments and tax authorities are no exception and often seek out comments and feedback on existing or proposed tax changes.  Recently a number of groups and organizations have offered… Read More

AndersenTax

We’ve added FATCA Seminars for Vancouver

On July 1, 2014 the Foreign Account Tax Compliance Act will require Canadian financial institutions to report accounts held by US persons to the IRS. If you are a US person who has not filed US tax returns you may have significant exposure to tax, interest and penalties. The good news: there are ways to minimize your exposure. Our firm has over 20 US and cross-border tax specialists providing US tax return preparations and consulting services for US persons living… Read More

AndersenTax

Press Release: FATCA and Non-US Filers, the odds of the IRS finding you are increasing

FOR IMMEDIATE RELEASE                                                                        MEDIA CONTACT Warren Dueck W.L. Dueck & Co LLP wdueck@wldtax.com 604.242.1401   FATCA and Non-US Filers, the odds of the IRS finding you are increasing March 27, 2014 (Vancouver and Calgary) Tax announcements don’t usually get the same attention as the Olympics, politics or other stories that commonly hit the front page of newspapers.  But if you are a US person who has not complied with your annual US tax filing requirements, you should have paid attention… Read More

AndersenTax

Foreign Account Tax Compliance Act (FATCA) Seminars for US Persons in Canada

Are you a US person who has not filed a US tax return? The recently signed Foreign Account Tax Compliance Act (FATCA) agreement between Canada and the US will require Canadian financial institutions to report accounts held by US persons to the US Internal Revenue Service. US persons identified by the IRS who have not filed US tax returns may have a significant exposure to tax, interest and, especially penalties. In contrast, most US persons who voluntarily file US tax… Read More