US & Cross-Border Tax Overview
Personal US & Cross-Border Tax Services for the Toronto Area
More than ever before, Canadian businesses are looking south of the border to create new streams of revenues. While technology has made it easier to conduct international transactions, the United States tax code remains indefinitely perplexing (to say the least). For corporations and individuals that travel between the US and Canada, working through applicable tax obligations can often become so complex and convoluted that even profitable plans become seemingly undesirable.
If you are in need of personal and cross-border US tax services in Toronto and the surrounding areas, Bazar McBean LLP can help. We carry vast experience with US and cross-border tax services, and our team stays on top of tax guidelines and regulations in both the United States and Canada.
Tax Accountants Helping You File in US and Canada
Taxation can be one of the most frustrating and complex parts of conducting cross-border business. As experts in US-Canada income taxes, our team can guide you through the potential pitfalls of double taxation and help you pay only what you legally owe. We will also assist you in understanding and exercising your rights established in the United States-Canada Income Tax Treaty.
By hiring Bazar McBean LLP for corporate and personal US tax services, Toronto-area families and businesses can benefit from our years as licensed, chartered, and certified accountants in the United States and Canada. Whether you are starting a company branch across the border, or completing tax returns for yourself or expatriate employees, our accountants can provide advice and services you can apply toward your future success.
Call Bazar McBean LLP for assistance in filing tax returns in the United States and Canada.
Looking to Expand to the United States?
At one time or another, many Toronto businesses have felt the allure of cashing in on the United States’ lucrative business climate. Our seasoned cross-border tax accountants can help you determine if your expansion plan is feasible and assist in putting your plan into motion. Bazar McBean LLP can also advise you on corporation entity structuring, incorporations, partnerships, as well as transitioning sole and joint proprietorships that are transferring from Canada to the United States (and vice-versa).
Recent IRS Changes Affecting Residents Residing in the US and Abroad
In June 2014, the US Internal Revenue Service revised the offshore voluntary compliance program and further streamlined the filing process for people who live in both the US and other countries. Read more about these changes or talk to a member of the Bazar McBean LLP team to understand how they affect you.
If you have specific tax questions, or if you would like to speak with one of our professional accountants, please feel free to contact Bazar McBean LLP today.