This course was filmed in 2016
Making an error in preparing a cross-border U.S. tax return can lead to significant tax costs, including interest and penalties.
This course is relevant for any practitioner who prepares U.S. tax returns for Canadian companies — or their employees — that are doing business in the United States, individuals with cross-border business activities, or if you have involvement with the preparation of U.S. tax returns.
Topics to be covered include:
- Residency determination
- Joint returns with non-US citizens
- Proper filing after renunciation/green card relinquishment
- Disclosure errors
- Foreign Tax Credits
- Foreign Earned Income Exclusion vs. Foreign Tax Credits
- US rental income errors
- Using an LLC as an investment vehicle for a Canadian with US investments
- Estate freezes
- State tax issues
Mark Feigenbaum Esq., CPA, FCPA, FCA
Mark is a U.S. Attorney at Law, Barrister and Solicitor, a U.S. Certified Public Accountant and a Canadian Chartered Professional Accountant. His practice specializes in cross border legal and tax issues facing individuals primarily in the sports, music, and entertainment industry and businesses in all industries expanding into the U.S., incorporating companies and other entities in the U.S., and consulting and compliance for individuals moving to the United States and U. S. citizens who live in Canada.