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Budget announcements from the Government of Alberta for the last number of years have generally been humdrum events.

Complying with US tax reporting is often a complex and time-consuming process for US persons living abroad.

Those of you who know me well will know that my first career choice was to be a music teacher. I studied and played music classically well into my teens.

Senator Elizabeth Warren has reintroduced the Ultra-Millionaire Tax Act, proposing a 2% annual tax on net worth exceeding $50 million and a controversial 40% exit tax on wealthy Americans who renounce their citizenship. For US citizens living abroad who face unique tax burdens despite receiving minimal benefits from US systems, this legislation raises critical questions about the financial implications of maintaining American citizenship while permanently residing overseas.

The current immigration bill pending before the US Congress contains provisions that will make it easier for Canadians and retirees to obtain non-immigrant status in the US.

It's time for an update in the accounting profession. Firstly, the use of the title "accountant" should be regulated; and secondly, while we're at it, it's also time for a tax specialization designation.

Section 84.1 of the Income Tax Act , in its current form, was introduced in 1985, and the provision has always been a source of heartburn for planners.

On March 26, 2020, the Government announced further extensions for specific tax and information returns (the "Announcement"). You can read our previous commentaries on older announcements here

As part of its 2015 Federal Budget announcements, Canada committed to implementing the "Common Reporting Standard" promulgated by the Organization for Economic Co-operation and Development.

In this first installment of our "Practical Immigration" blog series, we are going to address one of the questions our clients most frequently ask...

US citizens living in Australia, and around the world, are finding themselves facing the very difficult decision to keep or renounce their US citizenship.

Complying with Australian superannuation reforms by 1 July will trigger not just double, but triple, taxation by the US on their superannuation contributions, earnings and distributions.

Renouncing your US citizenship or terminating your Green Card is a significant decision for you and your family. Our team of experienced US lawyers has unparalleled experience...

Revenue Procedure 2014-55 purports to make US tax filing easier for US citizens or residents who own Canadian Registered Retirement Savings Plans.

Current US tax laws do not provide any definitive guidance on the US tax classification and treatment of hybrid foreign retirement plans such as an Australian Superannuation Fund

Many US citizens living in Australia and elsewhere around the world have found themselves faced with the difficult decision of whether to keep or renounce their US citizenship.

Toward the end of the year, tax practitioners tend to flood the blogosphere with "last minute tax tips".