Canadian and U.S. income tax returns
We prepare and coordinate Canadian and U.S. income tax filings to ensure full compliance on both sides of the border while minimizing double taxation.
Target clientele:
- U.S. citizens residing in Canada
- Canadians with U.S.-source income and/or assets (e.g., employment, real estate in the U.S.)
- Americans with Canadian-source income and/or assets (e.g., employment, real estate in Canada)
Our services include:
- Preparation of U.S. tax forms 1040, 1040NR, FBAR, 3520–3520A, 8621, 5471, 8938, 8833, 8840, and others.
- Filing of state income tax returns, including New York, California, Illinois, and more.
- Assistance with various U.S. tax forms such as W-7, W-8, W-9, 1042-S, and others.
Voluntary Disclosures / Streamlined Foreign Offshore
We assist clients in regularizing their tax situation with the CRA and IRS through Canadian voluntary disclosure programs or the U.S. Streamlined Foreign Offshore procedure.
Cross-Border Tax Consultations
Our specialists provide personalized consultations to analyze your situation, optimize your tax structure, and guide your financial decisions across jurisdictions.
Other services
Real Estate Sales in Canada or the United States
Effisca handles the tax compliance related to real estate sales across the border, including Canadian disposition certificates (T2062, Section 116) and the corresponding U.S. filings.
Expatriation and Mobility (Canada ↔ U.S.)
We provide tax planning for moves between Canada and the U.S., including departure and arrival filings, residency status, foreign tax credits, and transition strategies.
Renunciation of U.S. Citizenship
We guide clients through the complex process of U.S. citizenship renunciation, managing the tax implications of the Final Expatriation Return and related IRS obligations.