US Expatriates in Canada
Compliance for US Citizens and Greencard holders living in Canada.
The U.S. and Canada have various tax amnesty programs for those who are filing late. Perhaps you weren’t aware of any filing obligations until quite recently. U.S. amnesty programs include Streamline Foreign and Domestic Offshore Procedures, Delinquent FBAR and Foreign Reporting, Voluntary Disclosures under the Internal Revenue Manual (IRM). CRA amnesty programs include the Voluntary Disclosure Program (VDP) and the Canadian Taxpayer Relief Program.
Canadian and US immigration and emigration
Moving (or moved?) We can advise you on the tax implications based on your situation.
Heading to warmer destinations to escape the harsh Canadian winters? We can advise you on the tax implications of vacationing in the U.S. for extended periods of time.
If you have retirement plans in both the U.S. and Canada, we can assist with crossborder planning including rollover and liquidation of IRA, Roth IRA, 401K, RRSPs, LIRA, and other types of pensions
Canadian departure tax
Leaving Canada? We can assist with departure tax and deemed disposition rules.
U.S. GILTI, PFIC, Subpart F
If you are a U.S. citizen with a Canadian corporation facing GILTI, Subpart F, and PFIC regime requirements, we can assist in the proper reporting of these to the IRS.
Foreign Asset Compliance
Both the U.S. and Canada require information reporting on foreign assets. Compliance requirements include FBAR, FATCA, and the T1135. Additional reporting is also required if you hold an interest in foreign corporations. We can advise you on this based on your situation.
Athletes, Musicians, Artists, and Entertainers
Living an exciting life on the road? We can help make it stress-free.
If you would like to give up your U.S. Citizenship or Permanent Residency, we can assist with the necessary tax planning involved.
Divorce and Marital Breakdown
Divorcing spouses living in different countries (or have different citizenship and residencies) must consider the differences in taxation of spousal support payments between the two countries. We can help.
ITINs and TINs
We can assist with obtaining IRS Individual taxpayer identification numbers (ITIN) and Canadian taxpayer identification numbers (TIN).
Federal and state treaty conformity analysis
Depending on which state you live in or where your property is located, we can analyze the implications on both the Federal and State levels.
Educational Plans (RESP, 529, Coverdell)
Considering planning for your children’s education funds over two countries? We can advise you on the tax implications of owning accounts in both jurisdictions.
US Forms (e.g. W-9, W8-BEN)
We can assist you with forms W-9, W-8BEN, W-8ECI, W-8IMY, and any other forms you may encounter if you are Canadian that is being paid from the U.S.
U.S. Green Card
Tax issues related to activation or expatriation and abandonment of the U.S. Green Card
Non-residency and Short-term Residency
Tax questions on studying abroad or on a short-term work contract? We can answer them!