Tax Info
Regular CRA/IRS tax updates and cross-border knowledge — sourced, for general information.
56 articles
IRS simplifies retirement-plan rollovers: what the new SECURE 2.0 guidance means for cross-border savers
New IRS guidance simplifies retirement-plan rollovers under SECURE 2.0. Learn how it affects US-Canada cross-border savers and their tax strategies.
John Tavares vs. the CRA: What a signing-bonus dispute means for cross-border taxpayers
NHL star John Tavares battles CRA over signing bonus tax. Learn what this means for cross-border taxpayers and how to navigate similar disputes.
IRS Updates FAQs on the Qualified Overtime Deduction
On August 6, 2026, the Internal Revenue Service announced updated frequently asked questions on the deduction for qualified overtime compensation. The dedu
CRA Penalizes New Immigrants for Late Foreign Property Reporting — Critical T1135 Compliance Tips
New immigrants face CRA penalties for late T1135 foreign property reporting. Get critical compliance tips to avoid fines and stay on track.
IRS Updates FAQs on the Qualified Overtime Deduction: What Filers Should Know
On August 6, 2026, the IRS updated its frequently asked questions on the deduction for qualified overtime compensation. The update comes as the new deducti
Canadian Taxpayer Wins FTC Court Case Against CRA — Key Lessons for Cross-Border Filers
A Canadian taxpayer won a foreign tax credit court case against the CRA. Learn key lessons for cross-border filers on FTC claims and CRA disputes.
IRS Announces 2027 HSA Inflation-Adjusted Contribution Limits: What Canadian Residents with US HSAs Need to Know
Learn about the IRS's 2027 inflation-adjusted HSA contribution limits and what Canadian residents with US HSAs need to know for compliance.
Saver's Match Moves Forward: Treasury and IRS Announce Intent to Propose Regulations
On August 7, 2026, the U.S. Department of the Treasury and the Internal Revenue Service issued Notice 2026-48, announcing their intent to propose regulatio
Saver's Match Moves Closer: Treasury and IRS Signal Proposed Regulations for the 2027 Launch
On August 7, 2026, the Treasury Department and the IRS announced — via Notice 2026-48 — their intent to propose regulations implementing the federal Saver'
Newcomers Beware: CRA Cracks Down on Late Foreign Asset Reporting and Denied Foreign Tax Credits
Two Federal Court rulings warn newcomers: late foreign asset reporting triggers $25/day penalties and denied foreign tax credits. Learn how to avoid CRA cr
IRS Launches Automatic Penalty Relief: Clean-Compliance Filers Need Not Apply
IRS launches Automatic Exemption from Penalty (AEP) program replacing First Time Abate. Clean-compliance filers not eligible. Learn how this affects you.
IRS Designates Certain CRAT Transactions as Listed Transactions — Implications for Canadian Donors
On July 8, 2026, the IRS finalized regulations designating certain CRAT arrangements as listed transactions. Learn what this means for Canadian donors.