CROSSBORDER TAX SERVICES
(INTERNATIONAL TO US)
ITIN Application For Non-US Residents
Non-US residents filing tax returns in the United States who are not eligible to apply for a SSN (Social Security Number), must apply for an ITIN (Individual Taxpayer Identification Number). We specialize in helping you get your passport certified and apply for an ITIN.
Canadians Residing Or Working In The US
Canadian citizens residing or working temporarily in the United States must file both Canadian and US tax returns. However, taxes paid on your US returns can be claimed as foreign tax credits on your Canadian tax return. We can help you with your tax filings on both sides of the border to avoid double taxation.
Canadians Owning US Rental Properties
Canadian citizens and residents owning residential rental property in the US are subject to U.S. income tax on rental income received from their U.S. real estate property. We can help you comply with the IRS tax reporting requirements.
FIRPTA Withholding Application
As per the Foreign Investment in Real Property Tax Act (FIRPTA), Canadians who sell a US real estate property must pay 15% of gross proceeds to the IRS, unless they apply for a reduced withholding certificate. We can help you apply for a withholding certificate to save on your taxes when you sell US real estate.
IRS Streamlined Filing Compliance Procedures
Many US citizens and green card holders living in Canada do not file tax returns due to lack of awareness. The IRS streamlined filing compliance procedure ensures delinquent taxpayers are able to become compliant without additional penalties. We can help you navigate through this process.
CROSSBORDER TAX SERVICES
(INTERNATIONAL TO CANADA)
Non-Canadian Residents Owning Canadian Rental Property
Non-Canadian residents who own real estate rental properties in Canada must withhold 25% of gross rent to the CRA, unless the reduced withholding application is filed. We help clients apply for a tax identification number (TIN) for Canadian tax purposes, prepare required forms, and file non-resident tax return.
US Citizens Or Green Card Holders Living In Canada
The United States is the only country to tax income based on citizenship rather than residence. We can help with filing US returns to report worldwide income, in addition to helping US citizens or Green Card holders living in Canada to avoid double taxation.
Section 116 Clearance Certificate Application
Non-Canadian residents wishing to sell Canadian real estate property must withhold and remit 25% of the gross proceeds, unless a section 116 clearance certificate is obtained. We help clients apply for 116 clearance certificates to reduce taxation to 25% of the capital gain instead of purchase price.
Cross-Border Tax Consulting Services
We provide personalized tax consulting services to our clients regarding their situation, to analyze how they can save on their taxes on a yearly basis. Our focus lies on exit strategies for American citizens returning to the US from Canada, and Canadian citizens returning to Canada from the US.