- TAX -

At McCarney Group we have an experienced tax team that will help you with a broad range of services.

Tax

At McCarney Group we have an experienced tax team that can provide you with a broad range of services to cover your Canadian and U.S. tax needs

We provide both corporate and personal tax services.

Corporate Tax Services

Canadian Corporate Tax

  • Preparation of corporate income tax and information returns, tax estimates and installments
  • Advice on benefits of tax deferral and filing positions
  • Preparation of amendment and objection filings with the Canada Revenue Agency
  • Tax planning and structuring to minimize taxes
  • Advice on tax implications of proposed transactions and reorganizations
  • Succession planning for owner-managed businesses

U.S. and Cross Border Corporate Tax

  • Preparation of U.S. federal and state corporate and partnership tax returns
  • Tax planning and structuring at the Federal and State levels
  • Cross-border tax services for Canadian companies operating in the U.S., including:
    • tax structuring and U.S. nexus studies
    • planning for repatriation of profits
  • Preparation of amendment and objection filings with the Internal Revenue Service
  • Preparation of U.S. withholding forms including sales of U.S. real estate and withholding tax issues
  • Foreign and cross border reporting
  • Cross-border tax services for Non-Canadian companies doing business in Canada
  • Expatriate tax advice for employers and their employees moving to or from Canada permanently or temporarily
  • Permanent establishment and nexus studies
  • U.S. acquisition planning and due diligence
  • Estate tax planning

Commodity Tax (GST/HST)

  • Preparation of information tax returns
  • Advice with respect to specific transactions and reorganizations
  • Preparation of amendment and objection filings with the Canada Revenue Agency

Personal Tax Services

Canadian Personal Tax

  • Personal, trust and partnership income tax and information returns
  • Personal tax planning
  • Owner-manager tax planning
  • Retirement planning
  • Preparation of amendment and objection filings with the Canada Revenue Agency
  • Repatriation of earnings

U.S. and Cross Border Personal Tax

  • Personal tax return preparation, including all required state returns for U.S. citizens living in Canada and Canadian citizens earning U.S. source income
  • Personal tax planning and advisory services
  • Preparation of voluntary disclosure Streamlined filings (for U.S. citizens who have never filed U.S. tax returns previously)
  • U.S. citizenship renunciation planning
  • Estate planning
  • Personal tax planning for individuals moving to / returning from the U.S.
  • Planning & compliance with respect to Canadians owning property in the U.S.
  • Repatriation of earnings

Trust and Estate Tax

  • Income tax planning for estates and individuals with trusts
  • Planning for use of trusts for income splitting
  • Structuring estate freezes
  • Post-mortem planning to reduce tax on death

U.S. and Cross-border Tax Services

  • The U.S. tax team at MG deals with U.S. tax planning and compliance for Canadian companies doing business in the US.

    U.S. Planning

    • Tax structuring of U.S. expansion
    • Repatriation of earnings
    • Permanent establishment and nexus studies
    • US acquisition planning and due diligence
    • Estate tax planning

    U.S. Compliance

    • Preparation of US federal and state tax returns (corporate and partnership)
    • Preparation of US Individual federal and state returns for Americans and Canadians
    • Preparation of US withholding forms including sales of US real estate and withholding tax issues
    • Foreign and cross-border reporting

Get in Touch

At McCarney Group we are always available to assist you.

If you have a question or would like to schedule a call or a meeting with one of our partners please contact us.