Cross Border Tax Services in Downtown Toronto
US & Cross-Border Tax Landscape
Personalized US & Cross-Border Tax Solutions Serving the Toronto Region
In an era of expanding horizons, Canadian enterprises are increasingly casting their sights southward to tap into fresh revenue streams. Yet, amid the ease technology offers in facilitating international transactions, the labyrinthine corridors of the United States tax code continue to perplex, if not confound. For both corporations and individuals navigating the crossroads between the US and Canada, deciphering the complexities of tax obligations can often transform even the most promising strategies into daunting prospects.
Should you find yourself in search of personalized solutions for US and cross-border tax matters in Toronto and its environs, look no further than Toronto Tax Consulting. We wield extensive experience in the realm of US and cross-border tax services, constantly abreast of tax norms and regulations on both sides of the border.
Guiding Tax Filings Across US and Canada
Navigating taxation can easily become one of the most intricate and vexing aspects of cross-border business. Armed with expertise in US-Canada income taxes, our adept team is poised to navigate the minefield of potential double taxation, enabling you to fulfill only your rightful obligations. Furthermore, we stand ready to aid you in comprehending and exercising the rights enshrined in the United States-Canada Income Tax Treaty.
Engaging Toronto Tax Consulting for individual and corporate US tax services grants families and businesses in the Toronto area the advantage of our cross border tax advisors in both the United States and Canada. Whether you’re establishing a corporate foothold across the border or overseeing tax returns for expatriate staff, our accountants are primed to provide counsel and services that can shape your future achievements.
Contact Toronto Tax Consulting for professional assistance in filing tax returns across the United States and Canada.
Venturing into the United States?
At some point or another, numerous Toronto enterprises have felt the magnetic pull of the US’s thriving business landscape. Our seasoned cross-border tax advisors are at the ready to determine the feasibility of your expansion strategy and assist in its execution. Toronto Tax Consulting also stands poised to offer insights on corporate structure, incorporations, partnerships, and the transformation of sole and joint proprietorships moving between Canada and the United States (and vice versa).
Recent IRS Amendments Affecting US and Global Residents
In June 2014, the US Internal Revenue Service revamped the offshore voluntary compliance program, streamlining the filing process for individuals straddling both US residency and foreign domicile. To grasp the full import of these revisions or to assess their impact on your situation, reach out to a member of the Toronto Tax Consulting team.
Downtown Toronto
Toronto Tax Consulting (Head Office)
401 Bay Street Suite 1600
Toronto ON M5H 2Y4
Tel: 416-628-7824 Ext.2
Downtown Toronto (Evening & Weekend)
Toronto Tax Consulting
1 Dundas St W Suite 2500
Toronto ON M5G 1Z3
Tel: 647-951-4852 Ext.2
Downtown Toronto
International Tax Advisor Office
161 Bay St. 27th Floor
Toronto ON M5J 2S1
Tel: 1-800-693-5950
Etobicoke, ON
Etobicoke Tax Consulting
3250 Bloor St W Suite 600 East Tower
Etobicoke ON M8X 2X9
Tel: 1-800-717-4162 Ext.2
North York, ON
North York Tax Consulting
4711 Yonge St 10th Floor
Toronto ON M2N 6K8
Tel: 416-628-7824
Mississauga, ON
Mississauga Tax Consulting
4 Robert Speck Parkway Suite 1500
Mississauga ON L4Z 1S1
Tel: 1-888-905-7577
Oakville, ON
Toronto Tax Consulting
2010 Winston Park Dr Suite 200,
Oakville ON L6H 5R7
Tel: 1-888-905-7577
Markham, ON
Markham Tax Consulting
15 Allstate Parkway Suite 600
Markham ON L3R 5B4
Tel: 416-628-7824
New York, NY
Toronto Tax Consulting
100 Park Avenue #1600
New York NY 10017, United States
Tel: 646-995-5187
Chicago, IL
Toronto Tax Consulting
30 S Wacker Dr #2200
Chicago IL 60606, United States
Tel: 1-800-717-4162
Washington, DC
Toronto Tax Consulting
1200 G St NW Suite 800
Washington, DC 20005, United States
Tel: 1-800-693-5950
Pasadena, CA
Toronto Tax Consulting
Century Square, 155 N Lake Ave Suite 800
Pasadena, CA 91101, United States
Tel: 1-800-693-5950
Miami , FL
Toronto Tax Consulting
201 South Biscayne Boulevard
Miami, FL 33131, United States
Tel: 1-800-693-5950
London, UK
Toronto Tax Consulting
37 Floor, Canary Wharf, 1 Canada Square
London E14 5AA, United Kingdom
Tel: +44 20 3885 6292
Cross Border Tax Services
Cross Border Tax Consulting
When you have a U.S. tax or cross-border tax question, you need help right away. We regularly help our clients with their ongoing tax issues. We support you all the way by addressing your basic and most challenging questions. By providing you support along the way, we want you to do and focus on what you do best – your business, we will take care of tax for you.
Cross Border Tax Compliance
We cover all areas of U.S. tax compliance, starting with individual Federal, state and local U.S. tax return preparation and filing services, and ending with corporate, partnership tax returns, as well as consolidated returns. We also provide assistance with U.S. tax withholding matters.
Cross Border Tax Planning
We are more than just a tax return preparation firm. We help our clients with all aspects of U.S. tax and cross-border taxation, including tax planning and structuring. We regularly review our clients’ situations to come up with tax-efficient structuring and planning solutions.
Cross Border Tax Disputes
As qualified U.S. tax professionals, we routinely represent our clients before the tax authorities during different junctures of their tax matters, including representation during an audit or at the Appeals level. We deal with penalty abatement requests, installment agreements, Offers in Compromise (CIOs), and other matters that require protecting our clients from penalties and missed tax planning opportunities.
Cross Border Business Tax Services
Starting Your Business
Starting your business requires a careful consideration of various forms of doing business, be it a corporation, sole proprietorship, or a partnership. When starting your business in the United States, taxes may make a big difference between double taxation and tax-efficient business operation.
Business Expansion
If you are ready to expand your business into the United States, you would want to make sure that the chosen business structure provides most optimal tax outcomes, at the inception of your business operation in the United States and with your exit strategy in place.
Transfer Pricing
Transfer pricing is an important global tax planning and compliance tool. With ever growing transparency and tax information exchange between U.S. and foreign tax authorities, increased enforcement and complex compliance environment, pro-active management of businesses’ transfer pricing policies and processes is one of the key priorities.
Business Tax Compliance
Whether you need simple corporate tax return preparation services or more complicated consolidated return and partnership compliance, we can help address all of your business compliance needs.
Treaty positions
Our tax advisors have substantial experience dealing with various aspects of U.S. treaty network, including the Canada-U.S. income tax treaty and the Canada-U.S. Totalization Agreement. We can help with the determination of eligibility for treaty benefits, applicable U.S. tax withholding, and mobile workforce issues.
Tax Structuring
Whether you acquire a U.S. business or sell your business to a U.S. buyer, we can assist with tax structuring of the proposed deal, any tax restructuring that may be needed, as well as with proper reporting.
Individual Tax Services
OVDP and SFCP Services
Have undisclosed offshore foreign accounts or assets? You may be eligible to participate in IRS Amnesty programs, such as Streamlined Filing Compliance Procedures or Offshore Voluntary Disclosure Program. We have the right expertise to make the disclosure and coming into compliance process transparent and manageable.
ITIN Services
We can help you obtain a U.S. Individual Taxpayer Identification Number (“ITIN”) or renew your ITIN, where applicable, in a quick and easy fashion. As IRS Certified Acceptance Agent (CAA), we can certify your original identity documents and file ITIN application on your behalf. Not sure if you need an ITIN or are eligible for one? Ask us. We can help.
Agreement Drafting
Depending on a project, our attorneys may assist in drafting various agreements, such as intercompany agreements. We are regularly working with legal counsel of our clients to review and provide comments on tax terms and other relevant terms of applicable agreements and documents.
Representation Before IRS
Our tax advisors have experience in representing clients before the IRS during an audit or at the Appeals level. We regularly help our clients abate penalties and determine the most optimal procedural alternatives for resolving their tax issues.
Toronto Tax Consulting is a firm specializing in U.S. and international tax. Our experienced U.S. tax and international tax advisors offer effective and practical U.S. tax and cross-border tax consulting, planning, compliance, and tax return preparation services.
For tailored tax inquiries or to engage with one of our cross border tax advisors, don’t hesitate to connect with Toronto Tax Consulting today at (416) 628-7824 Ext.2