by Nancy Zheng, B. Comm, CPA, CMA | Feb 17, 2026 | Featured, Featured, Tax Planning, Tax Planning
Americans in Canada and RRSPs / TFSAs Americans who move to Canada face an additional layer of complexity when considering investing in Canadian registered accounts. In this blog, I will briefly discuss tax pitfalls we typically run into for Americans who invest in...
by Nancy Zheng, B. Comm, CPA, CMA | Feb 3, 2025 | Featured, Featured, Tax Planning, Tax Planning
In my previous blogs, I discussed the tax implications for Canadian non-residents owning Canadian rental property and the considerations at the time of departure from Canada. In this blog, I would like to now shift the focus to U.S. residents who own U.S. property and...
by Nancy Zheng, B. Comm, CPA, CMA | Jul 22, 2024 | Featured, Featured, Tax Planning, Tax Planning
In my previous blog, (https://mcacrossborder.com/renting-out-your-property-as-a-non-resident-of-canada), I discussed the tax compliance rules around renting out your property in Canada as a non-resident. In this blog, I would like to continue this discussion by...
by Nancy Zheng, B. Comm, CPA, CMA | Feb 14, 2024 | Tax Filing Requirements, Tax Planning
Predicting the housing market is already challenging due to interest rate fluctuations and other factors. Throw non-residency into the mix, and for someone departing Canada, it becomes a complicated decision whether to maintain one’s principal residence or to rent it...
by Nancy Zheng, B. Comm, CPA, CMA | Jul 21, 2023 | Tax Filing Requirements, Tax Planning
With the Canadian tax season now behind us, this is a good time to go over the newly released CRA trust reporting rules that will come into effect for the 2023 tax year. On December 15, 2022, Bill C-32, which enacted the enhanced trust reporting rules, received...
