Learn from my other Cross-Border Tax Clients (Client Stories!)

Hello, this is Mohammad Akif with Akif CPA. Here's a clip from our Cross-Border Client Stories where we break down investment accounts, crypto, and the mistakes I see on 90% of cross-border tax returns. So number one is understanding the rules on the Canadian side for your investment and retirement accounts when you leave, and also understanding the rules on the U.S. side for those same accounts 🇨🇦➡️🇺🇸 Number two is tax planning 💡 Once you understand how everything is treated, you then structure your decisions through proper tax planning. Number three is tax filing 📄 The first year of filing when you move from Canada to the United States is usually the most complicated year. You’re essentially closing one tax system and entering another at the same time. U.S. tax rules are not the same as Canadian tax rules, and the systems don’t align directly. That’s why this transition can get complex very quickly. 📌 So it’s important to work with someone who understands cross-border taxation and can guide you properly through the process. Full Video on the Akif CPA YouTube Channel: https://www.youtube.com/watch?v=K03qCQx3gaI&t=1s Link to the blogpost I am showing: https://akifcpa.com/fhsa-and-reporting-canadian-non-resident/ 🇺🇸 (713) 451-9700 ⁠ 🇨🇦 (416) 800-2709 ⁠ ⭐ info@akifcpa.com ⁠ 🌐 www.akifcpa.com ⁠ ⁠ https://www.youtube.com/@AKIFCPA1⁠ https://www.facebook.com/akifcpa/⁠ https://www.instagram.com/akifcpa/ ⁠ https://www.linkedin.com/company/akif-cpa-pllc⁠ https://www.tiktok.com/@akif.cpa ⁠ ⁠ A bit about us at Akif CPA: ⁠ We’ve got a crew of talented tax pros who really know their stuff when it comes to taxes, accounting, business advice, payroll, reviews, sales tax audits, and financial planning.⁠