Last blog added on Thursday, February 20th, 2020

Information About Feigenbaum Cross-Border Tax Blog

Recent Posts

Below is a preview of the five most recent posts from the blog Feigenbaum Cross-Border Tax Blog. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

  • Transferring Tax Debt in Addition to Money

    Some people might go to great lengths to avoid paying a tax debt. One tactic that shows up from time to time is the transferring of cash or assets to a family member. A recent decision from the Tax Court of Canada serves as a helpful reminder that trying to escape a tax debt through these means can … Read more »

  • Tax Implications of Mining Cryptocurrency

    The advent of Bitcoin and other digital currencies provides opportunities for people to use currencies outside of those controlled by traditional financial institutions. The explosion in the value of Bitcoin, the most well-known digital currency (also known as cryptocurrency) brought talks that the … Read more »

  • Key Amnesty Programs for US Taxpayers Living in Canada Set to Close

    We have written in previous blogs about the increased lengths that the IRS and Canadian financial institutions are going to uncover dual US/Canadian citizens living in Canada who have failed to report US income tax. Some Americans living in Canada may have previously taken advantage of amnesty progr … Read more »

  • Failure to Designate a Beneficiary When Converting an RRSP to a RRIF Results in Tax Bill

    One of the primary reasons you may engage in estate planning can be to limit the amount of tax that is payable by the estate in the event of your death. A recent story shared by CTV News in Calgary covers the story of a woman who was left with a $270,000 bill to the Canada Revenue Agency as the resu … Read more »

  • Contractor or Agent? A Crucial Difference When it Comes to Taxation

    If there’s a lesson to be learned when it comes to contract law, it’s that language and details matter. Even a seemingly straightforward contract between two parties can lead to serious tax consequences if certain aspects of the business relationship are not properly addressed in the contract. In a … Read more »