US tax returns for those living in Canada can be an overwhelming, frustrating and complex area to deal with. Preparing cross border tax returns requires a strong understanding of the US Income Tax Act, the US-Canada Tax Treaty, and the Canadian Income Tax Act. Our team of professionals are licensed accountants in both the US and Canada and we are a strong, convenient, and locally based resource who can assist with your US tax return preparation and filings.
Expat Tax Filings
All US Citizens, US green card holders, and full year US residents are required to report worldwide income to the IRS on an annual basis (with certain exceptions for very low income levels). We can assist with the preparation and filing of your personal US tax returns at both a federal and state level (where applicable). Our preparation and filing services include assistance with the preparation and submission of your FBAR / FinCEN 114 tax filings.
US Taxes for Canadians
Our services also include US tax return preparation and filings for non-US residents. This includes situations where Canadians sell US owned real estate, rent out US owned rental properties, as well as situations where Canadians have reportable US source income. We also provide assistance with those who temporarily reside or work in the US and these US tax return filings include federal and state filings (which may include dual status tax returns in a move year when you leave or enter the US). Click here to learn more about non-resident tax filings.
Whether you need help with Domestic US Resident Tax Filings, Expat Tax Filings, or are a Canadian that needs to file US taxes, we can help.
How Can US Taxes Toronto Help?
If you need help with your Expat Tax Filings, our team provides hands on ongoing support throughout this process. We make preparing and completing your tax filing onvenient and easy. If you would like to get more information on how we can help please reach out to us via our contact page.