Each individual and/or business entity’s tax situation is unique. Therefore, your tax return should not be treated as a product on the assembly line. We guarantee you will receive customized tax services integrating tax planning and compliance. You will always have direct access to us in regard of any income tax issues.
Tax Planning
Tax Compliance
Canadian International Income Tax Planning
- Immigration to & emigration from Canada
- Canadian expatriates returning to Canada
- Post-emigration expatriate issues
- Investment by non-residents in Canadian corporation and real estate
- Investment by Canadians in foreign corporation and real estate
- Non-residents carrying on business in Canada
- Canadians carrying on business in foreign countries
- Non-residents earn employment income in Canada
- Canadians earn employment income in foreign countries
- International assignment between Canada and other countries
Canadian Domestic Income Tax Planning
- Principal resident status
- Shareholder remuneration strategy
- Maximizing utilization of tax credits and losses
- Splitting income strategy
- Capital gain versus income determinations
- Property transfer strategy to minimize or defer tax on capital gains
- Business entity election
- Incorporation of unincorporated businesses
- Small business & start-up planning
- Tax services for professional practice
- Maximizing the use of the "small business deduction"
- Minimizing tax on the sale of shares of corporations by using the "capital gains exemption"
U.S. International Income Tax Planning
- U.S. citizens and green card holders living abroad
- Foreign persons residing in the U.S.
- U.S. expatriate tax
- Moving to the U.S.
- Investment by non-residents in U.S. corporation and real estate
- Investment by U.S. in foreign corporation and real estate
- Non-residents carrying on business in U.S.
- U.S. carrying on business in foreign countries.
- Non-residents earn employment income in the U.S.
- U.S. earn employment income in foreign countries
- International assignment between U.S. and other countries
U.S. Domestic Income Tax Planning
- Determining tax return filing status
- Sale of principal resident
- Compensation planning and deferral strategy
- Capital gain versus income determinations
- Maximizing utilization of tax credits and losses
- Splitting income strategy
- Maximizing itemized deductions
- Property transfer strategy to minimize or defer tax on capital gains
- Small business & start-up planning
- Tax services for professional practice
- Business entity election
- Incorporation of unincorporated businesses
- Maximizing corporate tax incentives
Canadian International Income Tax Compliance
- Canadian Individual Income Tax Return T1 for non-resident and part year resident
- Income Tax Return for Electing Under Section 216 - T1159
- Statement of Amounts Paid or Credited to Non-Residents of Canada - NR4
- Undertaking To File An Income Tax Return By A Non-Resident Receiving Rent From Real Property Or Receiving A Timber Royal - NR6
- Canadian foreign reportings - T1135, T1134, T1142
- Canadian departure tax - T1161, T1243 and T1244
- Unwinding a deemed disposition for returning resident
- Request by a Non-Resident of Canada for a Certificate of Compliance Related to the Disposition of Taxable Canadian Property - T2062
- Quebec Income Tax Return TP1 for non-resident and part year resident
- Notice of Disposition or Proposed Disposition of Taxable Québec Property, by an Individual or Corporation Not Resident in Canada - Form TP-1097 -V
- Hypothetical tax calculation and tax equalization calculation
- Negotiation with CRA and Revenue Quebec on behalf of clients
Canadian Domestic Income Tax Compliance
- Canadian Individual Income Tax Return -T1
- Canadian Corporation Income Tax Return - T2
- Canadian Trust Income Tax Return - T3
- Canadian Partnership Income Tax Return - T5013
- Quebec Individual Income Tax Return - TP1
- Quebec Corporation Income Tax Return - CO-17
- Negotiation with CRA and Revenue Quebec on behalf of clients
U.S. International Income Tax Compliance
- U.S. Non-resident Alien Income Tax Return - Form 1040NR
- U.S. Dual-Status Individual Income Tax Return - Form 1040/1040NR
- U.S. States Individual Income Tax Returns for non-resident and part year resident
- U.S. Income Tax Return of a Foreign Corporation - Form 1120-F
- U.S. States Corporation Income Tax Return for foreign corporation
- Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b) - Form 8833
- U.S. Foreign reportings - Form 2555, 3520, 5471, 8891, 8938, TD F 90.22-1
- Application for IRS Individual Taxpayer Identification Number (ITIN) - Form W-7
- Application for Employer Identification Number (EIN) - Form SS-4
- Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding - Form W-8BEN
- Certificate of Foreign Person’s Claim That Income Is Effectively Connected With the Conduct of a Trade or Business in the United States - Form W-8ECI
- U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests - Form 8288
- Application for Withholding Certificate for Dispositions by Foreign Persons of U.S. Real Property Interests - Form 8288-B
- Closer Connection Exception Statement for Aliens - Form 8840
- Hypothetical tax calculation and tax equalization calculation
- Negotiation with IRS and States Tax Authorities on behalf of clients
U.S. Domestic Income Tax compliance
- U.S. Individual Income Tax Return - Form 1040
- U.S. Corporation Income Tax Return - Form 1120
- U.S. Return of Partnership Income - Form 1065
- U.S. Income Tax Return for Estates and Trusts - Form 1041
- U.S. States Individual Income Tax Returns
- U.S. States Corporation Income Tax returns
- U.S. States Return of Partnership Income
- U.S. States Income Tax Return for Estates and Trusts
- Negotiation with IRS and States Tax Authorities on behalf of clients
©Yi Yang Canadian, U.S. and International Tax Services