Income that crosses the border, filed once in each country.
Returns and reporting handled by a chartered accountant who works across Canada, the US and Israel, so the same income is not taxed twice and nothing is missed in any of them.
Every system you file in, one plan.
Treaty positions, foreign asset reporting such as T1135, and non-resident withholding, reviewed together rather than country by country.
Canada and the US are the usual pairing, and Canada and Israel are handled on the same basis where your income, property or family situation reaches there.
Where you have income, property or operations in more than one country, the structure is decided before a filing obligation appears rather than after.
Everything in the engagement.
Both countries, together
Canadian and US returns prepared side by side so treaty positions and credits line up rather than conflict.
Canada-US treaty positions
Applied to residency, employment income, pensions and business profits, and documented for the next year.
Foreign reporting
T1135 Foreign Income Verification and the related disclosures where your holdings require them.
Non-resident tax
Part XIII withholding, NR4 reporting and section 216 elections on Canadian rental income.
Where this usually applies.
Canadians with US income or property
Rental property, employment income or investments across the border.
US citizens living in Canada
Filing obligations in both countries every year, regardless of where the income is earned.
Businesses operating in both countries
Where a permanent establishment may have been created without anyone deciding to create one.
Three steps, no surprises.
Establish residency and exposure
We determine residency status and where you actually have a filing obligation.
Map the treaty position
Credits, exemptions and elections are chosen across both returns together.
File both sides
Returns and foreign reporting are filed, with the positions documented for the following year.
The ones we get asked most.
What is cross-border tax?
It is the tax treatment of income, property or business activity that touches more than one country. In practice it means filing in each of them, then using the relevant treaty and foreign tax credits so the same income is not taxed twice. For this firm that most often means Canada and the US, and Canada and Israel.
How do you avoid double taxation between Canada and the US?
Through foreign tax credits and the Canada-US tax treaty. Both returns have to be prepared together, because a credit claimed on one side depends on what was reported on the other.
Who needs to file a T1135?
Any Canadian resident whose specified foreign property cost more than $100,000 CAD at any point in the year. It is based on cost, not current value, and the penalties for missing it are significant.
How does the CRA know about foreign income?
Through information sharing agreements with foreign tax authorities, T1135 filings, and reporting by Canadian financial institutions.
What is non-resident withholding tax?
Part XIII tax withheld at source on Canadian income paid to non-residents, commonly rent, dividends, interest and pensions. The treaty often reduces the rate, but only if the paperwork is in place first.
Licensed, certified, and accountable for it.
The bodies that license this practice, and the certifications behind the day-to-day work.
CPA Ontario
The provincial body that regulates Chartered Professional Accountants in Ontario.
EFILE certified
Certified by the Canada Revenue Agency to file returns electronically on behalf of clients.
Intuit ProAdvisor
Intuit certification covering QuickBooks Online setup, reconciliation and reporting.
QuickBooks Payroll
Intuit certification for running payroll, deductions and remittances inside QuickBooks.
In their words.
Aaron has done my personal taxes for six years and he’s the best. My files are sometimes complicated and I was not always the most organized client, yet he handles all of it without ever making me feel bad about the mess. He’s fast, he explains everything in plain English, and he always finds credits I would have missed.Shmuel Neft
Working with Aaron and his team, especially Anna, has been fantastic for both our camp operations and Prime Coat Painters. From complex contractor billings to seasonal accounts and corporate taxes, they handle everything with real attention to detail. If you need a reliable, top-tier accounting team for your business, I can’t recommend Aaron Herman CPA highly enough!Tzadi Zlotnick, Prime Coat Painters Inc.
I use him for personal and business accounting. He is absolutely phenomenal with his work and expertise. Thorough, reliable, dependable, and punctual with due dates. I’ve worked with many accountants previously and Aaron surpassed them all in everything on my list.Elior Zipori, Zipori Landscapes & Design
We have been using Aaron Herman CPA for about four years now and we are very happy with their services. Anna is especially great to work with. She is on the ball, always up to date, and gets back to you right away with any questions or concerns.Reuven Durbach
Very happy with Aaron’s service. He is very knowledgeable and professional. Very patient with all my questions, ready to answer and be with the client within a short period of time. All the accounting service is done in a timely manner.Artem Artemov, Rimland
Aaron is excellent! He responds quickly, explains everything clearly, and makes the whole tax process easy and stress-free. He is very knowledgeable and always helps find the best way to get everything done properly.Mai Edry
Aaron is an amazing accountant! He is very supportive and great at explaining the ins and outs of what was needed when expanding my business. I highly recommend Aaron and his team!Leah Lomiansky, Speech Volumes Therapy
He is knowledgeable, thorough and effective. He is very responsive and takes great care of his clients. I highly recommend him and his services!Rachel Danzinger, Learning Pods
Absolutely love Aaron and Anna. They are fantastic to work with, go above and beyond, and their communication and dedication is unsurpassed.Fat Cat Cookie Co.
Two people. Trusted with your year.
Aaron Herman
CPA, CA · Founder and Managing Partner
Aaron planned and prepared tax in public practice, then led financial reporting inside large Canadian companies. He is the person who answers when you call.
My number one priority is a happy client.
Anna Herman
Director of Finance and Operations
Anna runs the machinery behind the work: cloud accounting, CRA compliance, payroll and client onboarding. If your year-end is uneventful, that is Anna.
Order creates opportunity.
Tell us where your year stands.
Send the form and Aaron will come back to you directly. If it is easier, call. Someone here answers.