U.S. Citizens – Tax Filing Obligations

Many American citizens and other “U.S. persons” in Canada are unaware and even surprised to find they have to file income tax returns, report their bank accounts and make other disclosures to the IRS in addition to the Canadian filings. The United States requires that all citizens file a U.S. income tax return and report worldwide income. The net broadens…

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Exemption for Children & SSN Requirements

Over the last several months we have seen a number of U.S. Citizens in Canada receive a letter from the IRS asking for the social security number of their children in order to claim the exemption for children. In more than a few cases, the taxpayer did not obtain social security numbers for the children or the child does not…

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