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Making an error when you file your tax return happens – especially when you’re unfamiliar with new tax laws or a change in your tax situation. Sometimes a form’s wording is confusing and people insert incorrect information or other times, someone makes a simple human error. In most cases, there are set steps you need Read More
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Arguably the biggest financial headlines, this week, all have to do with Apple. CEO Tim Cook has been forced to defend Apple’s tax practices and prove that they have been working strategically, but not illegally, to pay the least amount of taxes possible. As tax specialists who work with cross-border tax situations, we will be Read More
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Tax time is over! Now, along with the relief you feel after filing your taxes, you might be experiencing nervousness that you’ll be audited. Don’t worry! People and businesses are audited all the time. If you have filed an accurate and honest tax return, you have nothing to be concerned about. We know that telling Read More
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If you’re new to living in Canada and are a US citizen, you might not know the details of the Canada – US Tax Treaty. This doesn’t seem like a subject the average person needs to be well versed in, but if you’re a US citizen living in Canada, you should get familiar with the Read More
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Our American friends living in the US are generally used to dreading April 15. Yes, this is the tax deadline in the US, but we are happy to inform you that if you are a US citizen living abroad (like in Canada, for example), you have extra time! A Canadian resident filing US taxes has Read More
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Many of our clients are US citizens living in Canada, looking for help with their taxes and the complications that can come from living internationally. The most common situation that we run into is one where a US citizen living abroad is unaware of the extra forms they need to file to disclose certain information. Read More
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Part 2 – Tax Scams: Protecting Yourself Against The Dirty Dozen
As continued from our last post, we’re summarizing the IRS’s Dirty Dozen list of 2013 tax scams and providing you with ways to defend yourself against these cons. Please feel free to comment below if you have any questions about these scams or if you have a story to share. Part 2 of this list Read More
READ ARTICLE... Part 1 – Tax Scams: Protecting Yourself Against The Dirty Dozen
As always, around tax time, the IRS posts their “Dirty Dozen”, which is a list of scams they have become aware of for 2013. The list lets us know what cons we should all be watching out for and is posted around this season because there is an increase in scams around tax time. While Read More
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Hurry! The Healthcare tax could hurt your Streamlined Filing Procedure
Americans living in Canada who haven’t been filing taxes might have an added incentive to file in the near future thanks to Obamacare. As The Globe and Mail reported, earlier this year, US citizens living in Canada need to file their income tax in both countries, but usually don’t need to pay anything in the Read More
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A 3520 form lets the IRS know what money is moving between the US and other countries. If you are a US citizen and are transferring money to or from a foreign trust, you should be filing Form 3520. While transferring money between US and international trusts isn’t necessarily taxable, the IRS still requires you Read More
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May 2012
Our goal is to provide a value added service to our clients, by saving tax whenever possible. In designing tax planning arrangements, domestically and/or internationally, we strive to
create structures that are tax efficient while meeting the client's individual and business objectives.
Our team is made up of highly experienced accounting professionals and staff, specializing in Canadian and U.S. tax planning and preparation. They pride themselves and are committed to providing value to every client, large or small.
At AP Tax Group, we provide you with a range of customized
bookkeeping and accounting services to meet your specific needs.
Making sound business decisions means having a clear financial picture of your business. At AP Tax Group, we design simple, affordable bookkeeping solutions customized for you, which will require minimal effort on your part. With our simple solutions, you will save on office space, equipment, software, and employee salaries and benefits.
A sample solution that we have implemented for some of our clients:
We sort, organize, and enter your bills into accounting software and provide you with weekly / monthly reports, as well as on demand. Your bookkeeping records will be complete and up-to-date. At year end, your records will be accurate and organized, facilitating the preparation of accurate tax returns and financial statements.
Financial Statements: we compile and prepare financial statements in Notice-to-Reader format for privately held corporations.
At AP Tax Group, we provide friendly, helpful assistance with all your tax preparation and compliance needs. Our services are confidential, affordable, and in compliance with accounting industry standards and all applicable laws and regulations. We prepare and file all U.S. and Canadian tax returns and related tax filings. Corporate, individual, estate and trust- we have the professional knowledge in both the U.S. and Canadian tax areas to minimize liabilities and maximize refunds.
At AP Tax Group we serve a variety of individuals from self-employed, commissioned salespersons, sole proprietors, business partnership, and estates and trusts. We pride ourselves on our diverse customer base and have designed our personal tax services to ensure that the needs of each of our clients are met. We also prepare your statement of rental income, calculate capital gains/losses on your investment portfolio, and prepare allowable business investment losses (ABILs) calculations.
Additionally, if you or one of your parents is a U.S. citizen, but you do not have the proper U.S. identification to claim your eligible refunds, we will guide you through the process of obtaining the necessary identification.
Whether you are a U.S. or Canadian corporation, not-for-profit, professional corporation, personal services corporation, holding company, or partnership, we work to maximize your deductions and minimize your tax bill, no matter the size of your business.
SR&ED/R&D Tax Credits: If your company is developing a new product, improving an existing product, redesigning your production methods, or reducing the environmental impact of your manufacturing process, you may qualify for substantial tax credits.
Canadian and U.S. tax law is complex and continuously changing. Expert advice on the complete spectrum of tax concerns relevant to a proposed business structure, transaction, or investment is essential. We advise businesses to help them ensure they are structured in a tax efficient manner, as well as analyze the tax implications of business decisions, and select the best possible structure for proposed transactions and investments. A small sampling of tax planning areas where we regularly assist our clients:
We represent clients in tax disputes and advise clients and their professional advisors on the merits of potential tax positions. A small sampling of tax controversy areas where we regularly assist our clients:
Click on a section below to view links to other important web pages, as well as links to downloadable forms along with instructions on how to properly complete the forms.
The Business Number and Your Canada Revenue Agency Program Accounts Use this publication to learn which accounts you need to open with the CRA
RC1 request for a business number Use this form to request for a business number, HST, Payroll and import/export accounts
Business consent form use this form to authorize an individual or a business to represent your business before the CRA
Payroll Deductions Online Calculator Use this fantastic online tool to calculate how much to withhold from your employees
Employment Expenses Includes forms T777, TL2, T2200, and GST370 Use this guide to see if you are eligible to claim certain expenses to reduce your net income
Canada Child Tax Benefit/related provincial and territorial benefits calculator Use this online tool to calculate your CCTB benefits
GST/HST Credit Online Calculation Use this online tool to calculate your GST/HST credit
Authorize or cancel a representative use this form to authorize an individual or a business to represent you before the CRA
Form 3911 Taxpayer Statement Regarding Refund Use this form if your refund cheque was issued and you didn’t receive it
Us Citizens Living Abroad Use these publications to learn about the stringent filing requirements for US citizens living abroad
Statement of Specified Foreign Financial Assets
Information Return of U.S. Persons With Respect to Certain Foreign Corporations
Instructions for Form 3520 Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts
Consular Report of Birth Abroad Use this page to guide you through the process of reporting the birth of child born in a foreign Country to US parents
We are always proudest when our clients are completely satisfied. Below are some of the things our clients have said.
AP Tax Group has been a pleasure to work with. They have explained things clearly to me and have implemented all work in a professional, courteous and timely manner.
Faced with a multi-national complicated tax return, I was thorough in my due diligence before choosing Mr. Polatsek. I was completely satisfied with the service and expertise that Avner provided. He was precise, timely and understood the complex issues but was able to communicate them in a comprehensible manner. As a further bonus, when additional requests were needed Avner quickly responded and refused to charge additionally which would have been fully warranted.
I have done my personal taxes with AP Tax Group for the past three years. They are professional and thorough, always taking the time to give me personal attention and answer all of my questions. This past year my situation was complicated as I had moved in the middle of the year from Canada to the United States. They were attentive to every detail while providing me with a quick and easy tax filing process. I would recommend them to anyone looking for an accountant who is well versed in both Canadian and U.S. tax law.
My experience with AP Tax Group was wonderful. I found them to be personable and efficient.
Please complete the following online form to request services or more information
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