U.S. Citizens Living in Canada – Financial Asset Reporting. U.S. citizens who are currently living in Canada or abroad are required to file Form 8938 (FATCA Form) if they meet certain asset value thresholds, as follows: In case of unmarried taxpayers filing as single, if the total value of your foreign financial assets exceeds
On February 12, 2017 U.S. Tax IQ has attended Maple Leafs’ Centennial Gala presented by Rogers in Support of MLSE foundation. We are so proud to be able to contribute to the largest ever single fundraising event in MLSE Foundation history that raised $600,000 (net) dollars. The entire proceeds will be directed towards …
Significant Changes are coming to the existing ITIN Certifying Acceptance Agent program! The IRS is set to cancel ITIN Certifying Acceptance Agents program outside of the United States starting January 1, 2017. CANADIANS WHO NEED TO OBTAIN OR RENEW THEIR EXISTING ITIN MUST ACT NOW!
We are pleased to announce that we have just launched webinar video replays for anyone who may have missed our live webinar and would like to tune in and watch it. We are continually working on making more webinars’ video content available to our customers and hope that you would enjoy this experience.
U.S. Tax IQ is excited to let you know that we’ve moved our head office to a new location. 550 Speers Road, Suite 1A, Oakville, Ontario, L6K 2G3 Our new location is easily accessible and has ample free parking for visitors. Bright and spacious, this new space is better designed to serve our clients. Our telephone numbers and…
Brandon Vucen, CPA (Ontario, Illinois) and Alex Manasuev, U.S. and international tax attorney, Principals at Toronto-based U.S. Tax IQ, have announced the addition of two new Directors to their already comprehensive and diverse international tax practice. Brandon Vucen and Alex Manasuev were already old friends when they decided to join up in a highly specialized…
By Alexey Manasuev On June 18, 2014, the IRS released significant changes to its Offshore Voluntary Disclosure Program (“OVDP”) and enhancements to the Streamlined Filing Compliance Procedures (“SFCP”). For the first time since the IRS released in 2009 its OVDP initiative, the IRS clarified options to become tax compliant for U.S. taxpayers with undisclosed foreign…
Alex Manasuev, a U.S. tax attorney joined U.S. Tax IQ as a Principal to lead the U.S. and cross-border consulting practice.
