International & US Canadian Cross Border Tax Services Ottawa

We specialize in assisting International, US Canadian tax, and other countries in meeting, simplifying, and planning for their income tax needs. Our international tax accounting professionals provide clients with guidance on immigration taxes, financial and tax planning, and cross-border taxation Issues.

 

Contact UsGet Estimate
Home » Income Tax Services » Ottawa » International & Canadian Cross Border Tax Services Ottawa

Cross-Border Tax Services in Ottawa

The process of understanding and managing cross-border tax rules can be difficult, but it is a crucial one for US citizens in Canada and Canadian nationals who wish to relocate and/or work in another country. It is critical to manage both company and personal taxation needs strategically and proactively in order to avoid outsized tax payments, double taxation, and excessive penalty fees as a result of the complexity of US tax legislation and the large fines for noncompliance.

Estate Tax Planning Across International Boundaries. Despite its importance, cross-border estate planning is an issue that is usually disregarded by the general public. It is critical to plan ahead of time in order to ensure that as much of your hard-earned money as possible is preserved for the benefit of yourself and your family. It can be difficult to understand the laws, and many people would rather not waste their time or money researching them. Inadequate preparation can have major repercussions, including the imposition of penalties for failure to comply with income tax obligations and the creation of unexpected difficulties for those responsible for estate administration. Because of their ties to both Canada and the United States, an individual or family’s position becomes more difficult, requiring specialist knowledge that is not typically found in the professional tax and estate planning sector.

 

Canadian US and Cross-Border Tax Accountant

For income tax purposes, Canadian residents who spend time in the United States may be considered US residents and must file certain US tax returns. Canadians who spend more than a specific number of days in the US in a single year or over a three-year period must file a US tax return or provide other verification in order to avoid paying US taxes on worldwide income.

With more people than ever before preferring to trade in their snow boots for sandals each winter, exploring the potential of the US market, and investing abroad, the world appears to be shrinking. Dealing with ever-changing foreign legislation, on the other hand, might be tough. We provide services that combine both your personal and corporate objectives, giving you with a strategic strategy that cuts through the “red tape” and allows you to enjoy an international lifestyle while also functioning across borders with ease and efficiency.

We are proud of our growing in-house staff of international tax accountants that hold a range of Accounting and Tax qualifications in Canada, the United States, and internationally. This ideal blend of technical expertise and international contacts ensures that our clients’ global interests are in capable hands.

U.S. Tax Services and Tax Accountants in Canada

Our Canadian US Tax Services Provide company and personal income tax preparation services for Canadian and US citizens and residents, as well as foreign residents. Our experienced tax preparer can save you money by locating credits and deductions that you are eligible for, while also assisting you in complying with the CRA, state and federal tax requirements, or the tax regulations of your parent country.
Our tax planning services are intended to assist you, your family, and your business in making better use of the tax system. Our tax planning goal is to reduce your tax bills while building a tax-efficient financial strategy for retirement and investing.

General Accounting & Tax Services

Personal Tax Services

Bomcas Accounting and Tax Services in Canada offers personal tax services to clients in order to help them manage their personal and family wealth through strategic tax and financial planning.

Complete a GST/HST Return

When you file these electronically, the Canada Revenue Agency (CRA) now requires you to specify whether your income is from exempt or zero-rated goods, as well as sales from your linked organization.

Back Taxes, Unfiled Tax Returns

Our taxation services for individuals and businesses, including CRA audits, insolvency, back taxes, tax planning and assistance, and other services, can help you avoid making costly mistakes in the future.

Income Tax Preparation

Our tax professionals make taxes straightforward for you. File your tax return from wherever you are, and we’ll ensure you the most refund possible. You can file it in person, online, or by mail.

Small Business Accounting

We provide everything you’ll need to keep your business running smoothly. Accounting, strategy planning, payroll administration, cash flow management, bank financing, and other related services

Cross Border Tax Services

Our cross-border tax specialists are available to assist individuals and businesses with their tax issues. With us, you can rest assured that your cross-border taxes will be completed correctly the first time.

Sole Proprietorship Tax

Sole Proprietorship/Self- Employed. Your proprietorship or self employed income is reported along with any personal income on a T1 Income Tax Return. Our Tax Accountants are available

Corporation income tax return

To submit corporate income tax, you must file a tax return with the Canada Revenue Agency (CRA). Using your business number, you file your provincial corporate income taxes along with your federal income tax return.

Real Estate Accountant

Rental income must be reported in order to correctly complete and file your annual tax return. Our Real Estate accountants will assist you in maximizing any potential write-offs or benefits available to you.

R

Dedicated Tax Accountants

With your taxes in our Accountant’s hands, you can rest easy knowing that you have a tax expert on your side who is conversant and knowledgeable about all of Canada’s tax regulations.

R

Full-Service Support

Throughout the year, your Tax Accountant will advise you on tax methods that will help you save thousands of dollars. As well as all of the best practices. Your Accountant will work hard to secure you the largest possible return.

R

No Hidden Cost

Your initial fee will be communicated to you. Many of our services are flat-rate or vary in price depending on their complexity. There will be no surprises on your bill, no matter how frequently you contact us. You only pay for work that has been completed.

Service Area in Ontario Canada

Accounting, Bookkeeping, Payroll, Farming, Personal & Corporate Tax, Income Tax Preparation are all services provided by Bomcas Canada. Here is a list of Ontario locations where we provide services. Please keep in mind that we can supply all of our services remotely and online to all of Ontario and all of Canada.

(780) 667-5250

Talk with a Tax Accountant Today

Ottawa Personal Tax Accountant: Your Trusted Advisor for Tax Preparation and Consultation

Ottawa Personal Tax Accountant: Your Trusted Advisor for Tax Preparation and Consultation ‍Are you feeling overwhelmed by the complexities of personal tax preparation? Does the thought of filing your taxes send shivers down your spine? Look no further! BOMCAS Canada...

What is the Ontario Trillium Benefit?

If you live in Ontario and meet certain requirements, you may be eligible for the Ontario Trillium Benefit. Eligibility is determined by the amount of income that you and your family made in the previous tax year. This amount may change if your family's net income or...

How to Choose the Best Tax Preparer in Toronto, Ontario Canada

Choosing the right tax preparer can make or break your taxes. It is important to know what you want out of the service, and who will be able to offer it, before you make your decision. There are many factors that go into choosing the best tax preparer for you that...

Understanding the Ontario Canada Tax System and Tax Preparation

Understanding the Ontario Canada Tax System and Tax Preparation There are a number of tax benefits available to you as a business owner in Ontario. You can visit www.taxontario.ca , www.bomcas.ca for more information on these benefits or call us at 1-780-667-5250 if...

How to Choose the Best Tax Preparation Service for Your Needs in Toronto

Preparation services can be categorized as either do-it-yourself or paid service. To decide which one is the best option for you, consider the following factors: Do you need help with your tax forms? Do you need to file a business and personal return? Do you want to...

The Best Toronto Tax Preparation Services for Your Business

The best Toronto tax preparation services for your business will offer the following: - Tax return preparation - Business consulting - Financial forecasts for future growth of your business - Tax strategy and planning consultations - Registered Tax Preparer Tax...

Small businesses must avoid overinvesting in technology at all costs.

Technology has altered the world in recent years, achieving a spectacular level of efficiency and effectiveness in performance, as well as a huge improvement in the accuracy and trustworthiness of information. We have all observed this transformation firsthand. Modern...

The Income Tax Implications of Cryptocurrencies in Canada

The definitions of cryptocurrency transactions are as follows:If you are new to cryptocurrencies and are reading this piece, we recommend that you first read our easy Cryptocurrency primer to ensure that you understand the vast majority of the terms mentioned in this...

How to setup a corporation in Canada?

Determine whether or not you need to incorporate your company.People frequently incorporate their businesses without thoroughly examining all of the considerations involved. One of the various legal choices for conducting business is the incorporation of a company....

2020 U.S. Individual Income Tax Returns – Deadline extended by IRS

The deadline for submitting individual income tax returns in 2020 has been extended by the Internal Revenue Service. The Internal Revenue Service (IRS) has extended the deadline for filing Individual Income Tax Returns for 2020 for taxpayers in the United States....

Send a Message

Step 1 of 4

Contact Information

To clarify, you may complete all your accounting and tax services entirely online with us, eliminating the need for you to travel to our office or take time away from work, among other things. You can also contact us and we will be pleased to assist you with any of your accounting and tax needs.

Call: 780-667-5250
Fax: 780-851-2520
Email: info@bomcas.ca