Resources

Home - Resources
"Snowbirds" Returning Home: The U.S. Substantial Presence Test

"Snowbirds" Returning Home: The U.S. Substantial Presence Test

Welcome back to Canada! If you spent significant time in the U.S. this winter, you might be at risk of meeting the IRS "Substantial Presence Test" based on their 3-year weighted formula. To avoid being taxed as a U.S. resident on your worldwide income, you may need to file Form 8840 by June 15th. Our latest blog explains the 183-day calculation and how to properly claim the Closer Connection Exception.

| Read More
Selling U.S. Property as a Canadian Snowbird: What You Need to Know

Selling U.S. Property as a Canadian Snowbird: What You Need to Know

If you're a Canadian resident selling real estate in the United States — whether it's a vacation home, rental property, or investment — there are important tax and filing requirements you need to know. From U.S. withholding rules under FIRPTA to cross-border reporting and potential Canadian tax implications, it's essential to plan ahead. Our team can help you navigate the process and avoid costly surprises.

| Read More

Search

Tag Search

money tax planning succession software review Investment retirement cpp oas finance savings GST small business goals year-end new-year landlord rent interest law budget cash flow financial literacy rrsp tfsa tax planning #GST #rebate #homebuilder #construction RESP family #budget #summer #vacation #cash flow cash flow nonresident taxtips deduction business education payroll employee CRA source deductions engagement assurance accounting rebate corporation holiday executor will estate trade tariffs cross border tax season taxes self-employed proprietor penalties finances US Tax Snowbird Farm Kate Vacation Property Rental Real Estate Capital Gains crypto cryptocurrency Disclosure unreported donation charity RRIF paper filing personal tax trust checklist medical UHT housing deadline agriculture AI grant start up

Trusted for over 100 years...

"Always so well cared for by the team at JMH and I love how much they support small business and new entrepreneurs. They are fantastic Ambassadors for business."

"Very professional and trustworthy. Great people. Would highly recommend."

"What I can say, is that I'm so happy with their services/pricing ect...that I have no desire to try anywhere else!"

"JMH & Co has been my personal, business & my family's accountant for over 26 years. I have seen many changes in tax laws with both personal and business, and with each change JMH & Co was there to assist. The knowledge and advice they have given me throughout the years have assisted in many ways."

"Have used them over the years with many different companies. Highly recommend!"

"JMH & Co. have been our go-to choice for years now."

"The service at JMH is outstanding. Above and beyond any other firm."

"In my 50+ years of farming I have worked with several different accountants. I rank Seamas number 1."

"They are very prompt with their work and responses, easy to get ahold of, and always make us feel at ease."

"Excellent service, friendly and passionate staff. Highly recommend JMH for any Accountant services."