EXPERT CROSS-BORDER TAX SOLUTIONS
U.S. Tax Services for Canada-U.S. Clients
Navigating internal revenue codes while residing in Canada requires precision. We provide specialized filing services for U.S. citizens and residents, ensuring your dual-country tax obligations are met with total accuracy.
Beyond standard returns, we handle the disclosure of foreign financial assets. This includes the FBAR (FinCEN 114) for bank accounts and Form 8938 for specified foreign assets, which can carry significant penalties if missed. If you have fallen behind on your filings, we can help you get back on track using the IRS Streamlined Filing Compliance Procedures. This program lets eligible taxpayers whose missed filings were non-willful catch up on recent returns and FBARs with reduced or no penalties. From ITIN applications for those without a Social Security Number to treaty elections, our Surrey-based office provides the clear, client-friendly guidance you need to manage your cross-border life with confidence.
Managing your financial life across the border involves more than just annual forms; it requires a strategic view of how two different systems interact. We help clients understand the nuances of state-level taxation, which often differs significantly from federal rules, and ensure that ITIN applications are processed correctly to facilitate U.S. income reporting. By focusing on the unique needs of the Canada-U.S. community in Surrey, BC, we offer a local point of contact for global tax issues. Whether you are moving, investing, or simply maintaining your citizenship duties, our goal is to simplify the process. Contact us at 604-496-2200 or visit us at Unit 110 - 13575 107A Avenue to discuss your situation. We make sure that every credit is claimed and every disclosure is filed, giving you peace of mind on both sides of the 49th parallel.
What is the IRS Streamlined Filing program?
It is an IRS program for people whose missed U.S. filings were non-willful. You generally file the last three years of returns and six years of FBARs, with reduced or no penalties.
Do I need to file a U.S. state return?
You may need to file a state return if you earned income or owned property in a specific U.S. state, even if you live in Canada full-time.
What is an ITIN and do I need one?
An ITIN is a tax ID for those ineligible for a Social Security Number. You need it to file a U.S. return or claim treaty benefits.
Does the tax treaty stop double taxes?
The Canada-U.S. tax treaty provides mechanisms like foreign tax credits to ensure you aren't taxed twice on the same income.
What are the FBAR and Form 8938 for?
These are mandatory disclosure forms for reporting foreign bank accounts and assets if they exceed specific monetary thresholds.