U.S. Citizens – Tax Filing Obligations

Many American citizens and other “U.S. persons” in Canada are unaware and even surprised to find they have to file income tax returns, report their bank accounts and make other disclosures to the IRS in addition to the Canadian filings. The United States requires that all citizens file a U.S. income tax return and report worldwide income. The net broadens…

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Edward Jones Limited Partner Tax Returns

If you are an Edward Jones Limited Partner in the United States and are looking for someone to prepare your Canadian T1 non-resident tax return, we can help. The partner of this accounting firm was a long-time Edward Jones LP in the Mississauga Home office who had responsibility for the Canadian Finance Department. He is has the skill and experience…

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Living Abroad And Becoming a Non-Resident

If you have left Canada to work in another country or are considering moving from Canada, it is important to consider the income tax consequences and your tax options. If you are a resident of Canada, then you are required to pay income tax on your woldwide income. Leaving Canada to take up residency in another country may not be enough to…

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