CPA firm specializing in US Taxes, Canadian Taxes and International Taxes. Our offices are located in Wilmington, Delaware and Toronto, Canada. Our services include but are not limited to international tax consultations regarding individuals or entities operating in more than one country,
US Citizens are required to file a federal income tax return whether they are living inside or outside the United States. The deadline to file an income tax return is June 15 if the Taxpayer is living outside the United States.
Canadian Corporations Providing Services in the United States must file Foreign Corporate Tax Return or Form 1120F. Form 1120F is due on June 15 and must be prepared based on calendar year end.
Canadian Corporations are normally in a good position to save thousands of dollars in social security taxes if the entire tax situation is handled correctly.
Nonresidents who own rental properties in the United States must file an income tax return. For these types of returns, due date to file the return is June 15.
Nonresidents who wish to file an income tax return must obtain Individual Taxpayer Identification Number (ITIN). For more information, please call us.
US Individuals Providing Services In Canada
If you are a US individual providing services in Canada, you may be considered non-resident of Canada if you...
· live in Canada for less than 183 days;
· have no residential ties in Canada;
· your habitual abode is in the United States.
Residential ties include:
· immediate family i.e. spouse and dependents living in Canada;
· a home in Canada where you normally, customarily or routinely reside;
· personal belongings in Canada;
· using health insurance with a Canadian provider such as OHIP in Ontario;
· social ties in Canada;
If you are a non-resident of Canada who is rendering services in Canada in the capacity of an employee or self-employed individual, then you must file a non-resident tax return in Canada.
The deadline to file a non-resident Canadian tax return is April 30. If you carried on business in Canada, then the deadline to file a return is extended to June 15, but the amount owing on the return must be paid by April 30.