US citizen

American citizen living in Canada

Forms 3520-3520-A: RESP tax relief

The Rev. Proc. 2020-17 filed in 2020 provides tax relief for certain foreign trusts, such as RESPs, that would qualify.

Read more
American citizen living in Canada

Form 5471: increasingly complex

US citizens and residents who own more than 10% of the shares of a foreign company or their officers are required to file a Form 5471.

Read more

HAPPY
and PROSPEROUS
NEW YEAR!