Many U.S. citizens living in Canada have been unaware of their U.S. tax filing requirements or puzzled about what they need to do and where to start.
Additionally, Canadian citizens who have U.S. income, either through employment or a property located in the U.S. may not realize that they too, are required to file a U.S. income tax return on those earnings.
We are here to help!
There are three distinct filing requirements for all U.S. citizens, even if you live outside of the United States.
Below are further details, based on your particular situation:
U.S. CITIZENS LIVING AND WORKING IN CANADA (Non-Resident Citizens)
Report of Foreign Bank and Financial Accounts (FBAR)
If you have NOT filed all of your required U.S. Income Tax and Information Returns, or the FBAR, there is an opportunity currently available through the IRS Streamlined Filing Compliance Procedures to come up-to-date and file delinquent returns and FBAR’s without being subject to failure-to-file fines and penalties.Come and talk to us, we will review your situation and determine the best approach for you to file.
CANADIAN CITIZENS WITH RENTAL PROPERTY OR OTHER EARNINGS IN THE U.S. (Non-Resident Aliens)
CANADIAN AND U.S. CITIZENS LIVING AND WORKING IN THE U.S. (Resident Aliens and Resident Citizens)
We strongly encourage compliance with all IRS filing requirements for our clients.
It’s to your benefit to always be in good standing for future dealings within the U.S.
Don’t delay, contact us, we are here to help!