U.S. Taxation

RMI LLP provides US and cross-border tax services for US citizens living in Canada, Canadians with US income or assets, and business owners operating on both sides of the border.

Our Calgary-based team handles everything from annual US federal and state tax returns to cross-border planning, FBAR compliance, and corporate structuring for businesses with operations in both countries.

Because moving to Canada doesn’t make your US tax obligations go away, we help our clients stay compliant, minimize their tax burden, and navigate the Canada-US tax treaty without the guesswork.

Our U.S. and cross-border accounting team provides a personalized approach to American tax planning and suggests legal practices to diminish your taxes.

U.S. taxes in Canada
Learn More about U.S. Personal Taxes
Learn More About U.S. Corporate Taxes

Our U.S. Taxation Services Include:

  • Filing Individual income tax returns (federal and state)
  • Cross-border taxation for U.S. citizens, Green Card holders, and temporary workers
  • Non-resident tax returns for real estate investments
  • SFOP (Streamlined Foreign Offshore Procedures) filings
  • Planning for acquisition of real estate in the U.S.A.
  • Maximization of foreign tax credit
  • Assistance with completion of ITIN application
  • Assistance with completion of various versions of Form W-8BEN
  • Filing corporate federal and state income tax returns
  • Tax planning for corporations, partnerships and LLC
  • U.S. tax minimization planning
  • U.S. capital structure planning

Frequently asked questions about US and Cross-border tax

How do I know if I need to file US taxes?

There are two main groups: US citizens and Green Card holders living in Canada (the US taxes its citizens on worldwide income, regardless of where they live), and Canadians with US ties – rental property, investments, business income, or financial accounts in the US. If either of those sounds like you, it’s worth a conversation.

You’re not alone, and there are legitimate paths to get caught up without facing the full weight of IRS penalties. The IRS Streamlined Foreign Offshore Procedures (SFOP) program was designed specifically for US citizens abroad who have fallen behind on their filing obligations.

We can assess your situation and walk you through the best approach.

FBAR (FinCEN 114) is a US Treasury report that requires anyone with foreign financial accounts, including Canadian bank accounts, totaling more than $10,000 USD at any point during the year to disclose those accounts to the US government. It is separate from your tax return, has its own deadline, and carries significant penalties for non-compliance.

Yes. Canadian residents with US-sourced income, including rental income, capital gains from US property, or dividends from US investments, have US tax filing obligations. The Canada-US tax treaty helps avoid double taxation, but it doesn’t eliminate the requirement to report.

Cross-border business structures come with tax obligations in both countries, including how your income is split between the two, where you’re required to file, and whether your structure is tax-efficient on both sides.

Getting this right from the start saves significant money and headaches later.

Not necessarily. The Canada-US tax treaty was specifically designed to prevent double taxation, and in most cases you can offset taxes paid in one country against your obligations in the other.

How this plays out depends on your specific income sources and residency situation, which is why personalized advice matters here.

Request a Free Consultation

Simply call our office and ask to speak with a member of our Canadian tax team.

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