U.S. Personal and Corporate Tax

The first place Canadian businesses focus on internationally is the US market.

Our US Tax team has many years of experience working with cross border clients of all sorts. We also assist US citizens living in Canada with bringing their filings up to date, monitoring compliance and renouncing US citizenship.

US Business

Our tax services for U.S. businesses include:

  • US federal, state and local tax return preparation;
  • advice on how to establish a new US business (such as the form of the business, whether corporation, limited liability company, partnership, and so on), the significant US tax issues to consider (compensation strategies, accumulated earnings tax, and personal holding company issues), how it will be capitalized and financed, and how the business will be owned;
  • advice on purchasing a US business (such as purchasing assets versus shares), and how to finance and own the business;
  • review of tax consequences in Canada of repatriating profits from the U.S.;
  • development of intercompany transfer-pricing arrangements;
  • advice on corporate reorganizations and strategies for selling a US business;
  • review of state sales tax and income tax (nexus) implications; and
  • assistance with tax registrations and other filings.
US Personal Tax

Our US personal tax services for non-U.S. citizens include:

  • tax planning for individuals moving to the United States, including coordination of US and Canadian tax positions;
  • evaluation of US estate tax issues for Canadian residents holding US investments (including US real estate), and related planning;
  • tax planning for Canadians returning from the United States;
  • tax return preparation (usually form 1040NR);
  • treaty based disclosure reports;
  • evaluation of US residency issues and preparation of “closer connections” filing, and
  • retrieving US withholding tax.
US Citizens in Canada

Our services for US citizens in Canada include:

  • preparation of US tax returns and FBAR forms;
  • catch-up filings for persons who have lapsed in their tax filing requirements;
  • estate planning strategies, including coordinating US and Canadian tax planning;
  • review of US trust structures and tax planning advice for US citizens moving to Canada; and
  • calculation of tax-equalization payments for US citizens resident in Canada.
  • US Tax Filings

We offer a comprehensive list of services for US tax filings:

  • preparation of non-resident alien individual tax returns (form 1040NR) for US rental income, capital gains from real property, salary income, and business income;
  • preparation of US tax returns for US citizens living in Canada (form 1040), and state returns if required;
  • preparation of US corporate income tax returns for US corporations or foreign corporations (form 1120 or form 1120F), together with required disclosure schedules;
  • preparation of US partnership returns (form 1065), together with partner statements (form K1);
  • preparation of US trust returns (form 1041);
  • preparation of US estate tax returns for US citizens (form 706) and non-resident aliens holding US situs property (form 706NA);
  • preparation of payroll remittances and summary reporting (forms W2 and W3), and withholdings and related forms (for example, form 1099), and
  • preparation of treaty based disclosure claims.
US Tax Filings

We offer a comprehensive list of services for US tax filings:

  • preparation of non-resident alien individual tax returns (form 1040NR) for US rental income, capital gains from real property, salary income, and business income;
  • preparation of US tax returns for US citizens living in Canada (form 1040), and state returns if required;
  • preparation of US corporate income tax returns for US corporations or foreign corporations (form 1120 or form 1120F), together with required disclosure schedules;
  • preparation of US partnership returns (form 1065), together with partner statements (form K1);
  • preparation of US trust returns (form 1041);
  • preparation of US estate tax returns for US citizens (form 706) and non-resident aliens holding US situs property (form 706NA);
  • preparation of payroll remittances and summary reporting (forms W2 and W3), and withholdings and related forms (for example, form 1099), and
  • preparation of treaty based disclosure claims.