US Tax Professionals

US Tax Professionals Provide Tips on Filing an Amended Tax Return

LogoCross-border taxes are a specialty for the team at US Tax Professionals in Vancouver. As a team of accountants, they work with both Canadians and Americans living and doing business cross border. With income tax season done, their latest blog addresses what to do if a mistake is discovered after filing is complete. And the answer is—don't panic, just file an amended return.

US Tax Professionals in Vancouver Address Identity Theft and Taxes

LogoAs a firm that manages cross-border taxes, the team at US Tax Professionals in Vancouver is well aware that tax-related identity theft continues to present challenges to individuals, businesses, organizations and government agencies—including the IRS. To help individuals avoid having their identities stolen, the team recently released a 10-point list of tips to help people avoid the various scams and schemes commonly used for data theft.

Vancouver-Based US Tax Accountants Discuss Making Tax Credits Work in New Online Article

LogoUnderstanding how taxes work can be difficult—it's the reason so many people opt to work with tax accountants. As a firm of US tax accountants in Vancouver, the team at US Tax Professionals wants people to understand that not all tax credits are created equal. Understanding the difference between refundable and non-refundable deductions, as well as tax credits and deductions, are important for those who want to minimize payments and maximize returns.

US Tax Professionals in Vancouver Publish 4 Tax Deductions That Disappeared in 2018

Logo2018 tax reform in the US eliminated a number of deductions that many US taxpayers counted on to reduce taxable income, warns a blog published by US Tax Professionals in Vancouver.

US Tax Accountants Share Seven Small Business Tax Myths

LogoRunning a small business is tough. As a group of US Tax Accountants, the team at US Tax Professionals knows the complexity of the tax code can generate a lot of potentially costly mistakes. A new article on the company website addresses seven common small business tax myths.

US Tax Accountants Remind Individual Filers Tax Season Begins January 28th

LogoOn January 28th, the IRS will begin accepting and processing individual tax returns for the 2019 tax return filing season (2018 tax returns). As usual, returns will be due to the IRS on April 15, or June 15 for taxpayers living abroad. For more, please visit: https://www.us-taxprofessionals.com/US-Citizen-Taxation.php

US Tax Accountant Publishes Recap of Business Tax Provisions for 2018

LogoAs the year draws to a close, the tax consultants at US Tax Professionals have published a blog recapping the tax provisions all businesses need to know about in 2018.

US Tax Accountants Offer Tips for Making Tax Smart Loans to Family and Friends

LogoAs a firm that specializes in cross-border taxation, the team at US Tax Professionals warns would-be lenders that without the right planning, unplanned generosity can result in extreme tax complications. To help avoid this, US Tax Accountants has published a new article about how to make tax-smart loans to friends and family. For more, go to: https://www.us-taxprofessionals.com/newsletter.php#4

US Tax Accountants in Vancouver Share 5 Ways to Minimize Tax Liability

LogoAs a company that specializes in cross-border taxation, US Tax Professionals knows that many businesses and taxpayers need practical tips to save during tax time. However, the best approach is to have a strategy to minimize the tax bill ahead of time. A newly published article shares some tax-saving strategies that can be implemented year round.

There Is Still Time! a New Extension Deadline for 2017 US Tax Returns and FBAR Statements for US Residents Living in Canada

LogoTime is running short for taxpayers who requested an extra six months to file their 2017 tax return. As a reminder, Monday, October 15, 2018, is the extension deadline for most taxpayers. This is also the final date to file an FBAR or Form FinCEN 114 without penalties.