Every year, as June 15 rolls around, hundreds of thousands of Americans living abroad receive the same...

The IRS started to accept 2016 individual tax returns on January 23, 2017. A nonresident alien individual must renew his or her Individual Taxpayer Identification Number (ITIN) in order to file...

I don't write as many blogs as other members of my firm, however, today my concern rose enough to put fingers to keyboard.

This article provides an introduction to the Foreign Account Tax Compliance Act (FATCA) for Canadians and analyzes Canada's implementing legislation regarding FATCA.

In a recent research study, the US Department of the Treasury identified a considerable number of non-resident aliens (NRAs) who were not reporting income from US rental properties

And somehow, the villain always seems to be resurrected magically.

The Canada Revenue Agency ("CRA") has released a preview of its new T1134 Summary and Supplement forms.

Figuring out whether you are an American citizen can bring with it some incredibly complex and onerous tax surprises.

Not much has happened in the ongoing saga of the Canadian private corporation tax proposals since we last wrote about them.

The Supreme Court of Canada recently released its decision in Quebec v. Services Environnementaux AES inc., 2013 SCC 65, which considered two cases where the Quebec Court of Appeal had allowed rectification as a remedy for taxpayers whose advisors had made an error in executing tax planning documentation.

In an unprecedented and disheartening move, the US has ordered the suspension of student and exchange visitor visa (including F, M, and J visas) processing as the administration ramps up its social media vetting process, according to a diplomatic cable, first reported by Politico, issued by US Secretary of State, Marco Rubio.

On July 31, 2015, the United States' Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 added new Code sections 1014(f) and 6035. On March 2, 2016, the IRS released related regulations.

we discussed the immigration impacts of recent border closures and travel restrictions due to the COVID-19 pandemic for snowbirds and those on B-1 (business visitors) and B-2 (visitors for pleasure)

The Financial Transactions and Reports Analysis Centre of Canada ("FINTRAC") is a government agency tasked with facilitating the detection, prevention, and deterrence of money laundering and the financing of terrorist activities.

Our firm, Moodys Tax Advisors, has proactively proposed legislation in Canada that will, if accepted and passed, allow a deduction against Canadian tax for the vast amount of professional fees paid to participate in the Internal Revenue Service's ("IRS's") 2011 Offshore Voluntary Disclosure Initiative ("OVDI"), the 2012 Offshore Voluntary Disclosure Program ("OVDP"), or the (traditional) Voluntary Disclosure procedure.

‘Canada wants top talent from around the world.' That's the message that was delivered this week when Canada's Minister of Immigration, Refugees and Citizenship, Sean Fraser, launched the country's first-ever...

A discussion on the Supreme Court of Canada eagerly-anticipated decision in Daishowa-Marubeni v. R.

Our firm's tax groupies often ask us what is happening in the tax world. Given that we are in the heart of the summer, we thought it would be a good time to list the top five tax matters / issues that we are waiting for.

If you're a lawyer, accountant or financial advisor practicing outside the US, there is one simple question you must always address with every single one of your clients: are they an American citizen or Green Card holder?

A Canadian-controlled private corporation ("CCPC") that earns investment income is subject to a refundable tax regime.