US INDIVIDUAL TAX
US Corporate Mobility Assignments
Wherever your work takes you, Trowbridge can take care of your tax needs based on your personal mobility assignment situation.
We offer a wide range of mobility services including:
Global payroll compliance
Global mobility consulting
Non-resident and cross-border taxes, and more.
We can also work to fulfill your tax needs through our US and UK partners in global mobility, Global Tax Network (GTN), if your situation requires such services.
US Cross-Border Tax
Not all Canadians and expats settling for long periods of time in the US are doing so for corporate assignments - many individuals have their own personal reasons for moving across borders. At Trowbridge, we can help you understand the ins and outs of cross-border US tax compliance, whether you are a Canadian snow-bird looking to retire in warmer weather, a US-settler needing tax advice for cross-border pensions and investments, or any other cross-border situation.
Contact us today to set up a no-obligation telephone consultation with one of our corporate tax professionals. Call us or send us an email at email@example.com.
Personal Tax Planning Strategy
For over 15 years, we have offered personalized tax consulting to our clients and followed up with expert-level service.
If you have a complex US tax situation or questions about international tax, investing, pensions, and more, we encourage you to contact us for a strategic tax planning consultation with one of our partners or experienced directors.
Schedule a consultation today at firstname.lastname@example.org or call 416-214-7833. We can accommodate in person appointments in our offices in Toronto, London UK, and Vancouver.
The parameters of what counts as "residency" status for tax purposes both in the US and abroad can be different from legal immigration residency status. For this reason, determining exactly how and when global travelers can be considered residents of the United States versus residents of a different country can be a tricky process.
The team of tax professionals at Trowbridge will not only help you understand your tax-based residency status, but also what implications that residency status will have on your international taxes and potential for immigration residency.
Individual Voluntary Disclosure Program
Since 2009, the IRS has offered several formal voluntary disclosure programmes or initiatives. These programmes have allowed qualifying US taxpayers (domestic and those living overseas) who were previously non-compliant with their tax filing and/or foreign bank account and asset reporting obligations, an opportunity to come forward and voluntarily comply with all their filing requirements in exchange for reduced penalty exposure and, in some instances, a promise that the IRS will not refer the taxpayers for criminal investigation.
This system is especially important for US citizens living abroad who may not have stayed compliant for all years abroad. The United States is one of only two countries in the world to levy tax based on an individual’s citizenship in addition to residency, thus also taxing dual citizens living abroad. A US person (US citizen or a lawful permanent resident or more popularly known as a green card holder) who lives outside the US continues to have annual US income tax filing and financial disclosure obligations regardless of the fact that they could also be a citizen of another country and are compliant with that country’s tax filing requirements.
If you are a US individual needing to file US taxes for previous tax periods, Trowbridge can assist you by assessing incomplete filing requirements and finding the Voluntary Disclosure Program that is right for your situation.