Blocky illustration of Uncle Sam and a Mountie shaking hands over a border, with business entity types as building blocks.

Cross-Border Business Structures: A Guide for U.S. and Canadian Partners

Expanding your business to Canada requires careful consideration of various tax implications and choosing the right business structure—this guide helps navigate these complexities.

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A scientific illustration of a flowchart outlining the process of reporting foreign inheritance.

Foreign Inheritance & US Taxes: A Complete Guide to Property Abroad

Imagine inheriting a charming villa in Tuscany – sounds idyllic, right? But before you start planning your dream vacation, it's crucial to understand the U.S. tax implications. While the U.S. doesn't have a federal inheritance tax, inheriting foreign property can still trigger certain reporting requirements and potential tax liabilities. This comprehensive guide will walk you…

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A globe with a spotlight on the U.S., highlighting tax complexities.

Navigating US Taxes as a New Immigrant with Overseas Assets

Welcome to the United States! Starting anew in a different country brings exciting opportunities and unique challenges—especially when it comes to understanding the U.S. tax system. At XOA TAX, we're here to guide you through your tax obligations, particularly if you have financial assets overseas. Quick-Reference Checklist Determine U.S. Tax Residency Status Understand Worldwide Income…

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