Tax Advice For U.S. Citizens Living In Canada
U.S. citizens living in Canada face numerous potential double tax issues because Canada and the U.S. have different tax laws. This results in different tax treatment by Canada and the U.S. for the same situations, resulting in double tax. We can help you navigate these complexities.
We specialize in the planning and implementation of lifetime gifting strategies to minimize/eliminate U.S. capital gains tax on the sale of a Canadian principal residence by a U.S. citizen or U.S. green card holder living in Canada. You can view Michael Cirone’s article on this subject matter here.
