I moved to the US from Canada in November 2022 on an H1-B visa. I am an Indian citizen but was living and working in Canada for the past 4 years. I want to move my cash from Canada. Can I check if there are any tax implications in Canada for the following scenarios: 1. Sending cash to my parents in India? 2. Sending cash to my own account in India, and then transferring to my parents? 3. Sending cash to my account in the US? 4. Transferring my shares from a broker in Canada to a broker in the US?

August 11th, 2024

How can I find my and my wife's IRD (Inland Revenue Department) numbers?

May 13th, 2024

What kind of taxes do you have to pay in Austin, TX, and what are the percentage rates for each?

July 7th, 2024

My parents gifted land and a home to a trust in 2008 with a fair market value of $517,700, but the gift amount was $386,872. They each filed a gift tax return showing a gift of $193,436, with a basis of $97,250 each. Why is the basis different from the gifted amount, and how will this affect capital gains when we sell the property?

January 16th, 2024

Do I qualify for a tax deduction for the installation of a non-geothermal heat pump in 2022 at my home in San Francisco?

March 8th, 2023