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income tax return

Form 1120-F: U.S. Income Tax Return of a Foreign Corporation

November 16, 2016

Often times, it proves troublesome for a foreign corporation to decide whether to file a US income tax return in order to report U.S. income. They can claim the possible tax credits and deductions; or disclose it as tax-exempt income under an existing tax-treaty to avoid double taxation. The US Internal Revenue Service (IRS) requires...

Canada Us Tax CRA IRS personal taxes Tax planning

What U.S. Citizens Need To Be Aware of When Considering Moving to Canada

July 5, 2016

With the 2016 U.S. Presidential elections coming to a end, there has been a sudden surge on Google Search for information on settling in Canada. Unfortunately, settling in another country is not simple, especially for U.S. citizens who are not only subject to U.S. tax formalities regardless of whether they reside within or outside the United...