Hanson Crossborder Tax Inc.

Where Complexity Meets Clarity

Canada – US Crossborder Tax –
Delivering expert advice and solutions

Our Services

We work directly with our clients and cooperatively with a wide variety of professionals, including lawyers, accountants and investment portfolio managers who understand the complexities of multi-jurisdictional tax exposure and reporting.

Our objective is to help our clients navigate through the many requirements of various foreign tax regimes, and assist them with both U.S. and Canadian tax laws and compliance obligations.

Amnesty, Resolution, and Representation

Do you need help resolving notices from the IRS or the CRA? We can help with that and more:

  • Assisting with civil penalty notices
  • Addressing notices of penalty and additional tax due
  • Tax delinquency filing under reasonable cause via IRS prescribed amnesty programs (e.g. Streamlined Foreign Offshore Compliance) and the CRA Voluntary Disclosure program
  • Assisting with tax audits
  • Responding to requests for back tax returns
  • Advising on notices for collection, lien, or levy

Estates and Trusts

Planning for estates and trusts is complicated enough in a single country. When you have to consider both Canadian and U.S. estate tax laws, the level of complexity increases exponentially. We are prepared to assist and guide you through matters such as:

  • Crossborder estate planning
  • Canadian and U.S. estate reporting and taxation for Canadian decedents with U.S. property
  • Canadian and U.S. estate reporting and taxation for U.S. Citizens and long-term green-card holders passing away in Canada
  • Canadian beneficiaries and trustees of non-Canadian trusts
  • IRS closing letters, CRA tax clearance certificates, U.S. and Canadian residency certificates, etc.

Employment Mobility, Compensation, and Benefits

From the executive moving across the border to lead a new division to the U.S. company looking to hire Canadian talent and vice versa, we can advise on a myriad of payroll issues:

  • Planning and compliance related to employment transfers for short and long-term secondments and permanent relocations
  • Review of Canadian compensation and benefits under U.S. tax laws
  • Filing for Certificate of Coverage under the Totalization Agreements
  • Making IRC Section 83(b) Election, recognizing stock option awards individually or through a corporation
  • US and Canada tax implications on stock options, restricted stock units, stock awards, etc.
  • Taxation of board and executive directors

Individuals

Moving from Canada to the U.S. or vice versa? We can help you navigate Canadian and U.S. tax laws through this major life change, as well as many other situations. Examples include:

  • U.S. Citizens living in Canada who are delinquent on U.S. tax filings or never filed
  • U.S. Expatriation or becoming a Canadian non-resident for tax purposes
  • U.S. Citizens with Canadian corporations facing U.S. Tax under GILTI, Subpart F, and PFIC tax regimes
  • Tax resolution and representation and assistance with letters and notices from U.S. and Canadian taxing authorities (IRS and CRA, respectively)
  • Crossborder planning for retirement plans, including rollover and liquidation of IRA, 401k, RRSP, LIRA, and other pension instruments
  • Canadian and U.S. tax implications due to marital breakdown

Business Entities

Businesses often find themselves facing crossborder tax issues. Whether you are a Canadian corporation wishing expand business to the U.S. or vice versa, we are experienced in providing tax support to corporations in both jurisdictions, including aiding in:

  • U.S. Entity tax compliance (C-corporations, S-corporations, Limited Liability Corporations, Parnterships, Single Member Disregarded Entities, Controlled Foreign Corporations, etc.)
  • Canadian foreign affiliate and controlled foreign affiliate reporting
  • Matters related to Permanent Establishment (PE) and “doing business”
  • Registration of Canadian branches with the CRA for business numbers, sales, and payroll accounts

Property Transactions

Both sides of the border offer great opportunities for buying real estate, whether for investment or simply to enjoy while on vacation. We make this process easier for you by assisting with:

  • Tax planning related to vacation home purchases especially for Canadians who wish to spend their winters in the warmer south
  • Canada and US rental income reporting
  • Obtaining Clearance Certificates on the disposition of Canadian Taxable Property (TCP) by non-residents of Canada
  • Gifting and transferring assets pursuant to quitclaim deeds

What our clients say

Don’t waste your time with other cross-border tax accountants.

I don’t think anybody could possibly be more experienced in the subject. I had spoken with three different accountants, but now so glad that I found Elena. In addition to being an expert in her field, she is a pleasure to work with and responds quickly to any inquiries I have. Definitely worth the investment!

Mark & KimOct, 2019

Elena Hanson provided me and our company with the advice and service to address several cross-border taxation issues at both corporate and personal levels.

She is extremely knowledgeable and professional in sorting out what needs to be done for Canadians doing business in the US.

Stuart MNov, 2019

Had some questions that needed answers before I made a decision about extending my work contract here in Ontario. Ms. Hanson returned my call after hours and took the time to help me estimate my liabilities with Canada, US and my home state of CA. With the information she provided I was able to make a proper decision going forward.

I may return [to Canada] next year, if so, this will be my go to service.

Michael MSep, 2019

I really enjoy working with Elena. She understands all of the ins/outs of accounting both business and personal. I have a reasonably large number of rental units, personal businesses, and other income sources for which she provided a tax strategy that simplifies my North-and-South-of-the-border filing.

I am quite happy with the service.

Clifford WApril, 2016

Elena Hanson has been my accountant for many years and she is the best I ever had!

I was an American working in Canada and Elena was extremely knowledgeable of international affairs. I didn’t think International tax accountants would give me financial advice, special tips about what to expect, what not to do, and what to focus on for next year. She gave me more information than my banker and financial adviser!

I trust her because she is highly ethical, smart, and a go-getter! Her energy is intoxicating and she was always quick to get back to me anytime I needed her help. Elena works fast and with great accuracy. I would refer her to all my friends! She’s a gem!

Angela LNov, 2014

Like many Canadians with American heritage I had been unaware of the US tax filing requirement. Luckily, I was referred to Elena who guided me through the steps needed to become compliant without penalty.

The US tax system is more complicated than here in Canada, and I highly recommend Hanson Crossborder Tax Inc. for when you have to navigate those tricky waters.

Glenn MNov, 2014

We have dealt with Elena and Hanson Crossborder Tax and they certainly know their business. They have always been professional and personable. They were a great help to us with a difficult return. It is so nice to deal with someone who actually takes the time to return calls and emails almost immediately

Would definitely recommend them!!

Maureen MMar, 2019

Location

We are conveniently located in the beautiful City of Oakville, on the west side of the Greater Toronto Area.

Enquiries

Email: mail@hcbtax.com

Phone: 1-855-640-1730

Fax: 1-855-662-1232

Meetings are by appointment only.

Please call or email ahead. We do not accept drop-ins.