Cross-border Tax Canadian and U.S.
The U.S imposes taxes on American Citizens by virtue of their American citizenship. This is the case regardless of which country they currently reside in or the source of income. It is the only western country in the world that imposes tax on its citizens regardless of where they live and no matter where income is earned from.
American expatriates living in Canada are required to file US tax returns every year, report worldwide income to the IRS and pay any tax imposed by US tax laws.
We Specialize In The Filing Requirements Of Such Us Expats
For The Following:
- US Personal tax return: 1040 Returns, Federal and State
- US Non-resident Personal tax return: 1040NR Returns, Federal and State
- US Forms 114, 3520, 5471,5472,8621 and 8938
- US Corporate Return 1120
- US Non-resident Corporate Return 1120-F
- Real estate sales in the US
These rules are very complex and please contact us to ensure you are in compliance with filing the appropriate tax return and forms.
