778-987-6829 (6TAX) info@adanactax.com

 

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Canada – U.S.

Cross Border Tax

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Understanding Canada – U.S. taxes

Personal Clients - Canadians in the United States

The IRS imposes significant penalties on failure to file or late-filed foreign reporting and treaty claim benefit forms, usually US$10,000 per failure.  It is important that your return is complete when filed.

Adanac is here to help you understand and navigate the complex Canada – U.S. cross border tax system so that you are able to achieve favorable tax results and ensure your tax compliance in both jurisdictions.

Cross border tax consultation

Adanac will work as your tax advisor at every stage of your life to guide you including the following:

  • Initial return planning when becoming resident
  • Final return planning at expatriation
  • Analysis of treaty benefits and exposures
  • Cross border real estate investment planning
  • Choice of investment vehicles
  • Sale of your home
  • Gift and estate tax planning

Cross border tax return preparation

Working closely with your Canadian accountants, Adanac will prepare all your U.S. income tax and informational returns:

  • U.S. federal and state returns
  • U.S. gift and estate returns
  • U.S. trust returns
  • U.S. treaty benefit forms
  • U.S. foreign reporting forms
  • U.S. foreign tax credit calculations
  • U.S. Streamlined Procedures returns
  • U.S. Offshore Voluntary Disclosure Program returns

Adanac Cross Border Tax Ltd.

Call (778) 987-6TAX (6829)