fbpx

U.S. Corporate Tax

When are corporate taxes
due in USA?

Although there are various U.S. corporate tax returns that could be filed with the IRS, we will focus mainly on forms 1120 and 1120-S.
It is our recommendation to seek a professional advice from a U.S. CPA to ensure appropriate filing.

Form 1120 (C Corporation)

This form is due on the 15th day of the 4th month after the end of the corporation’s tax year. However, a corporation with a fiscal tax year ending on June 30th must file by the 15th day of the 3rd month after the end of its tax year.

Form 1120-S (S Corporation)

This form is due on the 15th day of the 3rd month after the end of the corporation’s tax year.
Additional information relating to due dates may be found in IRS Publication 509.

Can I file my U.S. corporate taxes
from Canada by myself?

You can file your own U.S. corporate taxes from Canada provided you are aware of which forms you need to file.

You can find the links to the PDF versions of forms 1120 and 1120-S below:

Form 1120: https://www.irs.gov/pub/irs-pdf/f1120.pdf
Form 1120-S: https://www.irs.gov/pub/irs-pdf/f1120s.pdf

However, we suggest to use a Canadian U.S tax accountant who specializes in cross border taxation to help complete your U.S. corporate tax filing requirements.

How to file American corporate
taxes from Canada?

In order to get the most benefits, avoid penalties and any delays while you file your U.S. corporate tax returns from Canada it is strongly recommended that you use the services of a U.S. CPA who specializes in cross border taxation.
Nonetheless, if you like to file your American corporate taxes by yourself you can use the above mentioned links to the PDF versions of forms 1120 and 1120-S to file your returns.

What is Canada – U.S. Tax Treaty?

U.S. – Canada Tax Treaty is an agreement made between the two countries, USA and Canada, that avoids the resident of one country from being taxed on the same income twice.
In other words, the U.S. – Canada Tax Treaty avoids double taxation.

What documents do I need
to file U.S. corporate taxes?

In order to file your U.S. corporate taxes, you will need your corporation’s  incorporation documents, the EIN number and completed bookkeeping (this entails details of any assets, liabilities, any loans provided or given to shareholders, income and expenses for the given year). Once you have these details you may fill out the appropriate PDF form (links above) and submit it to the IRS.

Having hard times filing your U.S. corporate taxes? RMI Professional Corporation in Calgary will help you get through the process of filing American corporate taxes smoothly and effortlessly.

What to expect when working
with RMI in regards of my
U.S. corporate taxes?

You can schedule a free consultation with a member of our team, from there we will go through all your paperwork and assist you in filing your American corporate tax return.

Simply call our office and ask to speak with a member of our U.S. tax team.

Simply call our office and ask to speak with a member of our Canadian tax team.