Moving to Canada is an exciting new chapter. It also introduces a complex layer of tax obligations in both the United States and Canada. As a U.S. citizen or Green Card holder, your requirement to file U.S. taxes continues even while living abroad. Understanding the tax implications for Americans moving to Canada is crucial to avoiding costly mistakes and ensuring you remain compliant in both countries.
At Brij Professional Corporation, we provide specialized cross-border tax services for Americans moving to and living in Canada. We help you navigate the intricate rules of both tax systems with confidence, ensuring a smooth financial transition. Our team of dedicated cross-border tax accountants in the Toronto area offers the clarity and support you need.
The U.S. and Canadian tax systems are vastly different. Managing them simultaneously requires specialized knowledge. We help you understand the U.S.-Canada dual tax filing requirements and develop a strategy to minimize your overall tax burden. By partnering with us, you gain peace of mind knowing your tax situation is handled by experts.
We offer a suite of services designed specifically for the unique needs of U.S. citizens living in Canada. Whether you need American immigrant tax help in Canada or ongoing advisory services, our team in Oakville and the Greater Toronto Area is here to assist.
We'll determine your tax residency status in both countries to establish your specific filing obligations.
Seamless preparation and filing of your U.S. and Canadian tax returns.
Expert support to apply treaty provisions that prevent double taxation on your income.
We help you claim valuable foreign tax credits and the Foreign Earned Income Exclusion to lower your U.S. tax liability.
Tax assessment and planning for your 401(k), IRA, RRSP, and other retirement accounts to ensure tax-efficient growth and distributions.
Guidance and filing assistance for Foreign Bank Account Reporting (FBAR) and the Foreign Account Tax Compliance Act (FATCA) to avoid substantial penalties.
Strategic advice on managing capital gains and understanding the gift tax implications between the U.S. and Canada.
Specialized tax planning for your investments, including navigating the complex Passive Foreign Investment Company (PFIC) rules.
Comprehensive support for any remaining state tax obligations in the U.S. and your provincial tax requirements in Canada.
As your cross-border CPA in Toronto, Ontario, we provide ongoing advice.
Our process is designed to be straightforward and transparent, giving you a clear path forward. We believe in clear, upfront communication about our services and fees. For more information, please see our pricing details on our How We Work page.
