Making the move from the U.S. to Canada is a significant step in your medical career. While this new chapter is full of opportunity, it also introduces complex tax responsibilities. For American doctors moving to Canada, navigating the financial landscape requires specialized knowledge. As a U.S. citizen, your tax obligations extend beyond borders, making professional guidance not just a benefit but a necessity. At Brij Professional Corporation, we are your dedicated cross-border tax expert. We understand the specific challenges you face, from filing U.S. taxes while living in Canada to structuring your professional income. Our mission is to simplify your U.S. citizen moving to Canada taxes, allowing you to focus on your patients and your new life. Whether you need a cross-border tax expert in Toronto or a cross-border accountant in Oakville, or across Canada, our team is here to provide seamless support.
We provide tailored tax advice for American doctors in Canada, ensuring you remain compliant while optimizing your financial position. Our services address the tax implications of your move and ongoing obligations.
We will precisely determine your tax residency status, a critical factor that defines your obligations in both nations.
We prepare and file your annual returns, including complex U.S. dual-status and Canadian part-year resident returns for the year you relocate.
Our team manages tax filings at the state and provincial levels to facilitate your compliance.
We leverage our deep knowledge of the U.S.-Canada tax treaty to avoid double taxation on your income.
We ensure you claim the maximum foreign tax credits and assess your eligibility for the Foreign Earned Income Exclusion to lower your U.S. tax liability.
We offer strategic guidance for your business and investments, including managing complex Passive Foreign Investment Company (PFIC) rules.
Receive expert assessment on the tax treatment of your 401(k)s, IRAs, and plan for Social Security and CPP benefits.
We advise on the cross-border tax implications of selling assets or making financial gifts, helping you plan effectively.
To avoid steep penalties, we manage your mandatory Foreign Bank Account Reporting (FBAR) and Foreign Account Tax Compliance Act (FATCA) filings.
As your U.S. Canada tax specialist in Toronto, we provide a comprehensive solution for your U.S. tax reporting requirements.
Knowing how to move from the U.S. to Canada as a doctor involves more than just logistics; it requires a sophisticated financial strategy. The U.S. doctor working in Canada's tax situation is unique, and you need a partner who specializes in this niche. We combine authoritative expertise with a clear, empathetic approach, ensuring you feel confident and understood. Our team provides the peace of mind that comes from knowing your complex financial affairs are managed with precision and care.
