Cross-Border Tax Services
Canada & United States
Specialized expertise in navigating the complexities of dual-country tax obligations. We help individuals and businesses stay compliant and minimize their overall tax burden.
Book ConsultationWho Needs Cross-Border Tax Services?
US Citizens in Canada
American citizens and green card holders living in Canada must file tax returns with both the IRS and CRA. We ensure treaty benefits are maximized and double taxation is avoided.
Canadians with US Income
Whether you earn rental income from US property, work remotely for a US company, or have US investments, we handle all reporting requirements for both countries.
Cross-Border Businesses
Businesses operating in both Canada and the US face complex tax structuring decisions. We help optimize your corporate structure for tax efficiency in both jurisdictions.
Snowbirds & Retirees
Spending significant time in the US? We help determine your tax residency status and ensure proper reporting of pensions, social security, and investment income.
Our Cross-Border Tax Services
Dual Tax Return Preparation
We prepare and file both your Canadian (T1/T2) and US (1040/1120) tax returns, ensuring consistency and maximizing treaty benefits between the two countries.
Treaty Benefit Optimization
The Canada-US Tax Treaty offers numerous provisions to reduce or eliminate double taxation. We analyze your situation to apply every applicable treaty benefit.
FBAR & FATCA Compliance
US persons with foreign accounts must file FBAR (FinCEN 114) and may need to comply with FATCA (Form 8938). We ensure timely, accurate reporting to avoid severe penalties.
Foreign Tax Credit Maximization
We strategically claim foreign tax credits to offset taxes paid in one country against your liability in the other, minimizing your overall tax burden.
Streamlined Filing Procedures
Behind on your US tax filings? We can help you catch up through the IRS Streamlined Filing Compliance Procedures without facing harsh penalties.
Departure Tax Analyzation
Leaving Canada or the US? We analyze your deemed disposition obligations and departure tax implications to minimize your tax liability and ensure full compliance when you emigrate.
Common Cross-Border Tax Situations
Every cross-border tax situation is unique. Here are some scenarios where our expertise makes a difference.
I'm an American living in Toronto. Do I still need to file US taxes?
Yes. The US taxes its citizens on worldwide income regardless of where they live. You must file a US tax return (Form 1040) and may also need to file FBAR, FATCA (Form 8938), and other information returns for your Canadian accounts, RRSPs, and TFSAs. The good news is that treaty provisions and foreign tax credits can significantly reduce or eliminate your US tax liability.
I own rental property in the US. What are my obligations?
Canadian residents who earn rental income from US property must file a US tax return (Form 1040-NR) to report this income. You may also need to file state returns depending on the property location. The rental income must also be reported on your Canadian tax return, with a foreign tax credit for US taxes paid.
What happens to my RRSP if I move to the US?
Under the Canada-US Tax Treaty, your RRSP can be tax-deferred in the US if you make a proper treaty election (Form 8891 is no longer required, but the election must still be documented). Without this election, the IRS may tax the annual growth in your RRSP. We ensure proper reporting on both sides.
I work remotely for a US company from Canada. How am I taxed?
As a Canadian resident, you're taxed on your worldwide income by the CRA. The US company may or may not withhold US taxes depending on the arrangement. We determine your filing obligations in both countries and ensure you're not being double-taxed on this income.
Get Expert Cross-Border Tax Help
Don't navigate complex cross-border tax obligations alone. Book a consultation with our specialists today.