US Tax Accounting Services in Toronto
US citizens, green card holders, and Canadians with American income face complex filing obligations with the IRS. Our US tax accounting services in Toronto handle Form 1040 and 1040-NR preparation, FBAR and FATCA reporting, state tax returns, foreign tax credit claims on Form 1116, and streamlined filing procedures for delinquent returns.
CRA compliant process. Trusted nationwide.
Tax Return Filers LTD Delivers Strategic Tax Solutions in Toronto
Clients trust our proven approach. Each financial situation receives a custom tax strategy supported by deep expertise and attention to detail. Our 100% five star ratings across verified reviews reflect consistent client satisfaction and on time filings.
Trusted by 1,000+ Canadians
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Why Hire a U.S. Tax Accountant in Toronto?
IRS requires worldwide income reporting from US citizens and green card holders regardless of where they live. Form 1040 filing, FBAR disclosures for accounts exceeding $10,000, FATCA reporting on Form 8938, and state tax obligations create compliance burdens that Canadian accountants rarely understand.
US Tax Accounting in Toronto demands expertise in both tax systems working together. Foreign tax credits on Form 1116 offset Canadian taxes paid. Treaty elections on Form 8833 reduce withholding rates. Streamlined filing procedures bring delinquent filers into compliance without harsh penalties.
Tax Return Filers prepares coordinated returns for CRA and IRS that prevent double taxation and satisfy both agencies. Toronto clients with US ties receive accurate cross-border filings, FBAR submissions through FinCEN, state return preparation, and strategic planning that minimizes combined tax across both countries.
Our Services in Mississauga
Our Mississauga team provides complete US tax accounting for individuals and businesses with American tax obligations. We handle IRS filings, FBAR reporting, state tax returns, and cross-border planning alongside your Canadian tax needs.
US Tax Return Preparation for Canadians in Toronto
Toronto residents earning US income from employment, investments, rental properties, or business operations must satisfy IRS filing requirements regardless of citizenship status. Our Toronto accounting firm delivers complete US tax return preparation including Form 1040-NR for non-resident filers, Form 1040 for US citizens abroad, and applicable state tax returns.
Strategic tax planning reduces your US tax liability through Canada-US treaty benefit claims, foreign tax credit optimization on Form 1116, and proper income sourcing between jurisdictions. Our Toronto CPAs prepare your US returns in coordination with Canadian T1 filings, ensuring consistent income reporting across both agencies and eliminating double taxation on the same earnings.
US Tax Filing for American Citizens and Green Card Holders in Toronto
US citizens and green card holders living in Canada must file annual tax returns with the IRS regardless of where they earn income. Our Toronto CPAs prepare Form 1040, report worldwide income, and claim foreign tax credits that offset Canadian taxes paid.
We handle FBAR filings for foreign accounts exceeding $10,000 and FATCA reporting for specified foreign assets. Clients who missed prior filings receive support through IRS streamlined procedures to become compliant without facing harsh penalties.
Foreign Tax Credit Claims for US Filers
Foreign tax credits prevent US filers from paying tax twice on the same income earned in Canada. Our Toronto CPAs prepare IRS Form 1116 to claim credits for Canadian taxes paid on employment income, investment earnings, and business profits. We calculate eligible credits accurately and coordinate claims with your Canadian T1 return to maximize tax savings across both countries.
US Business Tax Returns for Toronto Owners
Canadian business owners with US operations, subsidiaries, or income sources face complex IRS filing requirements. Our Toronto accountants prepare Form 1120 for US corporations, Form 1120-F for foreign corporations with US activities, and Form 5472 for reporting foreign ownership transactions. We coordinate US business filings with your Canadian corporate returns to ensure compliance in both countries and minimize combined tax liability.
Why Choose Tax Return Filers Ltd ?
Our team combines advanced academic credentials with decades of practical experience to deliver exceptional tax solutions tailored to your needs.
CRA-Compliant Experts
Our team includes CPA, ACCA, PhD-qualified professionals with specializations in cross-border, corporate, and personal taxation.
CRA Audit Defense
Successfully handled numerous CRA audits with expertise in Foreign Tax Credits, Section 216/116, and complex tax matters.
Strategic Tax Planning
We don’t just file returns, we develop proactive strategies to minimize your tax burden and maximize your financial outcomes.
Trusted Nationwide
With offices in the Greater Toronto Area and Calgary, we provide expert tax services to clients across Canada confidently.
Our Toronto Office
Our CPA firm is located in Toronto and serves clients across the Greater Toronto Area. We provide in-person meetings at our office and virtual consultations.
Address
19 Woodbine Downs Blvd #204, Toronto, ON M9W 6N5, Canada
Phone
Customers Reviews
Meet Our Tax Professionals
Our team includes Chartered Professional Accountants and licensed CPAs with years of hands-on experience. We track every tax law change to provide accurate guidance for individuals and businesses.
Waqar Naqvi, PhD
PhD, MFin, CFA®, ACPA, Managing Partner
Narinder Singh, CPA
Head of Tax Planning, Corporate Structuring, and Corporate Taxes (T2)
Umar Khan, ACCA
Head of Bookkeeping US & Canada, Payroll, and HST
Got Any Questions?
Book a Free Meeting with Our Tax Experts
Take the first step toward better tax planning with a free consultation. Our team is ready to review your situation and provide clear guidance. Book a time slot directly on our calendar and we will connect with you shortly.
