U.S. Expat Tax Services in Canada
Tax Return for Expats is different from the Tax Return of those of living in the US which makes it even more important to consult a tax professional who specializes in the preparation of Tax Returns for Expatriates. We are experts in navigating through the maze of Tax Laws and confusing IRS forms to provide high-quality advice to our clients.
U.S. Federal Income Tax Return Preparation
US TAX Returns need to be filed if you are a US Citizen living outside, a Resident in US or non-resident making investments in the United States. These cases may involve additional reporting requirements than normal tax returns.
A wide range of US ex-pat tax services provided by us include:
- Preparation of Federal Tax Returns for US Citizens living in Canada
- Tax Preparation for Non-Residents
- Tax Preparation for Resident Aliens
- Tax Preparation for dual-status residents in the US
- Getting Refunds from IRS for withheld taxes
- Claiming Tax Treaty Benefits
- Advice for Back Tax Filings
- FBAR reporting
- Self-Employment Taxes for Foreign sourced Income
- Dealing with IRS Inquiries and Audits
U.S. Tax Services for Businesses
Whether you are a US business operating within United states only or a Canadian business or individual having U.S. income tax filing requirements, we are here to help with your U.S. business taxes.
We prepare tax returns for:
- S. Corporation income tax return for foreign Corporations (1120F)
- S. Corporation income tax return for C-Corporations (1120)
- S. Corporation income tax return for S-Corporations (1120S)
- S. Partnership income tax return (1065)
- S. Income tax returns for Limited Liability Companies (LLC)
All of the above tax returns are prepared by a United States CPA and include both federal and state returns.
IRS Certifying Acceptance Agent for ITIN and EIN in Canada
Maroof HS CPA Professional Corporation is an IRS authorized “Certifying Acceptance Agent” for the application of ITIN & EIN applications in Canad.
ITIN (Individual Taxpayer Identification Number) is issued by Internal Revenue Services for those who do not have or are not eligible for, Social Security Number. We prepare your ITIN application W-7 or review the one prepared by you, review all the original or certified documents provided by you, submit your application to IRS, and get you the ITIN.
If you are a resident of Canada with a US reporting requirement, we can help you with both ITIN application and US income tax returns at the same time.
If you are a Canadian business that needs an Employer Identification Number (EIN) from IRS, we prepare and file your application, and obtain EIN for you.
EIN is required for businesses having U.S. income tax filing requirements. Due to the Canada-U.S. Tax Treaty, Canadian businesses are sometimes exempt from U.S. taxes on effectively connected business income unless there is a permanent establishment in U.S. Having exemption from income taxes in the U.S., does not exempt such businesses from filing U.S. income taxes. We help businesses in both getting EIN and the income tax return filings.
Income Tax Services for US LLC doing business in Canada
If you are using a US Limited Liability Company (LLC) to conduct business in Canada, your LLC will be subject to different income tax treatment in Canada. A US LLC is either a fiscally transparent entity disregarded as an entity separate from its owner/member(s) or it might have checked the box and treated as a corporation in the United States. We provide both Canadian and US Income tax services for LLCs engaged in business in Canada.
U.S. Individual Tax Returns with CFCs (GILTI, Sec 962, & 5471)
The final and proposed regulations released in 2020 now allow U.S. individual taxpayers to elect under section 962 to treat their CFC income as received by a domestic corporation. Section 962 election sometimes causes a painful return preparation process for individual taxpayers who are good at D-I-Y tax returns. We prepare the tax returns involving Controlled foreign corporations (CFC) with GILTI inclusions and Sec 962 elections for individuals.
U.S. tax returns involving Sec 962 are complex and expensive ones, its always recommended to plan ahead. The U.S. taxpayers with Canadian corporations are recommended to take advantage of our one stop solution for both Canadian corporate tax services and U.S. income tax services.
SATISFIED CLIENT STORIES
“The guys are super helpful and attentive!
I never had to wait to get an answer or guidance!
“I have hired services from Maroof's firm for filing my tax returns. They gave me maximum insights and a truthful picture of the complete process. Their business ethics are excellent. Gotten quick feedback on almost all the questions I posed at him. I would recommend him for obtaining all tax advice. Good Luck!”
“We are operating in different countries and have to deal with big stakeholders in Oil and gas industry. I have been using the accounting services of Maroof HS for the last 3 yrs now and I can vouch for his competency and efficiency. However, I personally appreciate his insights in other aspects like banking, company structure and fiscals, accounting system, and general financial tips that I find very useful and have definitely had an impact on our profitability.”
“We are a very young and extremely busy catering business in Toronto. Our accountant left us, leaving us hanging with a very complicated and messy set of books. We feel very fortunate to have found Maroof who is very thorough and methodical. He and his team quickly picked up and sorted out everything very well. We love the way they work; the hard work, dedication, skill set and availability all the time.”
“Maroof has prepared several financial statements for my clients. He is thorough, accurate, detailed, and attentive. I continue to utilize his services and have never been disappointed.”
“We got our financial statements compiled for 4 years. All we had were a bunch of scattered invoices, bills, and bank statements. All the data was organized, put into the accounting system and we got our financial statements. They coordinated with the independent auditors from the management side and we finally had audited financial statements. Wonderful people!”
Very professional and easy to deal with, Maroof was flawless in dealing with and helping us secure our financing for a multi-million dollar automotive operations in GTA. We tried several places, and Maroof was by far the best and easiest to deal with, thanks for all the help, my friend! Looking forward to more future business!
Maroof was super helpful and professional. Helped me through a tonne of my business and personal taxes. Answered quickly, answered all my questions, was patient with the process, made the entire thing understandable. I'll be sticking with this guy for all my future tax needs and have already referred him to a few of my friends. Super legit dude, friendly personality.
I needed financial projections for raising a loan. My experience was extremely great. Maroof and Mandy did financial projections and business plan for me. My lender said “business plan is excellent”. Such a great team and talented people to work with. I wish them all the best.
We are new to Toronto and temporary residents. We use our US LLC to do business. tax time was so painful for us. I found contact details of Maroof CPA on the IRS website. Five minutes of the phone call helped me clarify all of my questions. We have now our US CPA and Canadian CA in one place. a very great guy.
Excellent communication and feedback. Had a number of tasks to complete, which were completed quickly and efficiently. Very different Will definitely use it again.
Maroof was incredibly helpful! I was really struggling with my taxes as an aspiring actress as they can be very complicated as well as being a student. Maroof went above and beyond - he was very communicative, prompt, and always available to answer any questions. I will use these services again next year!
I am a self-employed sole proprietor. I just opened my new corporation and needed some tax advice before I start running my business. I visited Maroof at their Woodbridge location. I really admire his technical skills and hospitality. It was a wonderful conversation. he did not even charge us and we got valuable time. Thank you for your time Maroof and we hope to see you on a regular basis now.
I have been going to many accountants for many years but the service I got from Maroof and his team is unmatchable. I highly recommend them.
Thank you Maroof for guiding me so patiently. I am in Indian who returned from Canada and became non resident of Canada. I live in UAE now. I still have some income coming from there. Another accountant filed my returns wrong and it was a mess. Maroof explained me the whole process and the steps I must take to make sure that I do not have unintentional tax consequences. Very ethical and professional chat with this guy.
I would recommend it for anybody having complicated tax situation.
Online tax service is so amazing. Due to virus, we connected on zoom and the whole process from appointment booking to tax filing was so smooth and professional. I like their portal to upload and download my files. very impressive.
We provide wide range of income tax, accounting, business advisory and planning services. To learn more about all our services, please visit the below link
Looking for income tax services for both Canada and the U.S.? Don’t hesitate to contact us! Contact us today and let us know how can we help you. We return all our inquiries within 24 hrs!
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