U.S. Tax Services: The Full Compliance and Planning Stack
TYM Consulting's U.S. tax services combine compliance and planning under one roof. Our Miami and Toronto teams handle everything from Form 1120 and 1040-NR to state sales tax, PTET elections, and proactive year-end planning for cross-border clients. This is the full stack.
Corporate Tax: C-Corp, S-Corp, Partnership, LLC
We prepare Form 1120 (C-Corp), 1120-S (S-Corp), 1065 (partnership and LLC taxed as partnership), and the related state returns for every U.S. jurisdiction where the client has nexus. Information returns (5471, 5472, 8865, 8804/8805) coordinate with the primary return.
Corporate clients typically include a planning component: entity elections, reasonable compensation, retirement plan design, bonus depreciation and Section 179 planning, R&D credit claims, and PTET elections.
Personal Tax: Form 1040 and Multi-State
Form 1040 preparation for U.S. citizens, residents, and cross-border filers. Common situations include business owners with pass-through K-1s, equity compensation (RSU, ISO, NSO, ESPP), real estate investments, foreign accounts (Form 8938, FBAR coordinated), and multi-state residency questions.
We also prepare prior-year returns for late filers and amended returns to capture missed credits or deductions.
Non-Resident Tax: Form 1040-NR
Form 1040-NR for foreign investors, Canadian snowbirds, foreign partners, and non-resident sellers of U.S. real estate. We apply treaty positions (Form 8833), coordinate FIRPTA (Form 8288 series) for real estate, and manage ITIN applications (W-7) through our Certifying Acceptance Agent authority.
Non-resident clients often get a coordinated cross-border package: 1040-NR on the U.S. side and T1 on the Canadian side, with foreign tax credits claimed consistently.
State and Local Tax: Nexus, Apportionment, PTET
State corporate and individual returns in every jurisdiction where clients have filing obligations. Sales tax setup, registration, and monthly or quarterly filings through automation (Avalara, TaxJar, Anrok).
PTET (pass-through entity tax) elections for S-Corps, partnerships, and LLCs in 30+ states to work around the federal SALT cap. Franchise, margin, and gross receipts tax filings where required.
Foreign Reporting: FBAR, FATCA, Information Returns
FinCEN 114 (FBAR), Form 8938 (FATCA), Form 5471 (foreign corporations), Form 5472 (foreign-owned U.S. corporations), Form 8865 (foreign partnerships), Form 8858 (foreign disregarded entities), and Form 8621 (PFICs).
For past-year non-compliance, we prepare Streamlined Filing Compliance Procedures packages and Delinquent International Information Return Submissions.
Tax Planning Integration
Every compliance client has access to TYM's tax planning cadence: quarterly projections, estimated tax calculations, year-end planning calls, and transaction-specific planning. Compliance and planning are staffed by the same team so no hand-offs.
Planning is where the math is won. Compliance documents the math. We run them together.
Specialized Services
IRS representation (audit, examination, appeals, collections). Voluntary disclosure (IRS Streamlined, state VDAs). R&D tax credit studies (Section 41). Cost segregation studies (real estate). Section 1202 QSBS tracking. Section 174 R&E capitalization compliance.
These services are delivered as specialized engagements alongside the standard compliance work.
How We Work With Clients
New clients go through a 30-day onboarding: prior returns review, current-year planning, compliance calendar setup, client portal access, and responsible-person assignment. Ongoing work follows a defined cadence with monthly, quarterly, and annual touchpoints.
Engagement fees are quoted at scoping based on complexity. We prefer transparent scope documents over open-ended hourly billing.
Cross-Border Integration
TYM's U.S. and Canadian teams work as one. For cross-border clients, that means a single engagement covering U.S. federal and state, Canadian federal and provincial, and treaty coordination. Monthly and quarterly check-ins include both countries.
The integrated model eliminates the friction of coordinating two advisors who do not talk to each other.
How TYM Engagement Works in Practice
Every engagement begins with a scoping call to map your structure, jurisdictions, filing history, and immediate pressure points. We then deliver a written roadmap: which entities file where, which deadlines apply in the next 12 months, and which decisions (entity choice, residency, compensation mix, inventory location) carry the largest tax impact.
Execution runs on a shared workpaper platform so your team sees status, open items, and deliverables in real time. We assign a lead partner, a cross-border tax specialist, and a staff accountant to every file. The lead partner signs returns, reviews positions, and is the single point of escalation.
Clients typically engage us annually for compliance plus three or four planning touchpoints through the year: quarterly estimates, mid-year review, year-end tax planning, and post-filing debrief. This rhythm prevents surprises and captures planning opportunities while they are still actionable.
Why Clients Choose a Cross-Border CPA Firm
Generalist firms often handle either U.S. or Canadian tax but not both. When a U.S. shareholder opens a Canadian subsidiary or a Canadian founder relocates to Miami, the return preparer on one side assumes the other side is correct. Mismatches surface years later as penalties, double taxation, or lost treaty benefits.
TYM Consulting was built for clients who need both sides handled under one engagement. Our Toronto and Miami teams file the T1, T2, and GST/HST returns plus the 1040, 1120, and state returns in coordination, with transfer pricing, treaty positions, and foreign tax credits matched across both jurisdictions.
The investment in a coordinated approach typically pays for itself in the first year through avoided penalties, optimized withholding, and better credit utilization. In subsequent years the benefit compounds as structure and compensation decisions align with long-term goals.
Technology, Security, and Client Experience
We use SOC-2 compliant document portals, encrypted e-signature, and two-factor authentication across every client interaction. Source documents stay in your portal; we do not circulate files over email. Retention follows a seven-year schedule in both the U.S. and Canada.
Our workflow platform integrates with QuickBooks Online, Xero, Sage Intacct, and NetSuite. Trial balances and general ledgers flow through automated import, which reduces preparation time and keeps your bookkeeping system as the single source of truth.
Clients receive a year-end tax book summarizing every return filed, every election made, every credit claimed, and every carryforward preserved. This documentation is invaluable during financing, M&A diligence, and future IRS or CRA review.
Deadlines, Documentation, and the TYM Calendar
We maintain a rolling 18-month deadline calendar for every client. It tracks U.S. federal returns (1040, 1120, 1120-S, 1065), Canadian returns (T1, T2, GST/HST, T4, T5, T1135, NR4), state and provincial filings, foreign disclosure forms (5471, 5472, 8865, 8858, 8938, 3520, FBAR, T1135), and property and payroll filings.
Each deadline carries a T-minus notification: T-45 for data request, T-21 for draft review, T-10 for client approval, T-2 for e-filing. This rhythm eliminates missed deadlines and the penalty cascades that follow.
Documentation standards follow the stricter of U.S. and Canadian requirements. Transfer pricing memos, reasonable compensation analyses, and treaty position statements are maintained in a permanent file so that positions taken on one return are defensible on the other.
Do you serve individuals or only businesses?
Both. Many of our business clients also engage us personally because the two are connected.
Can you handle all 50 states?
Yes. We file in every U.S. state for corporate and individual clients.
Do you offer audit defense?
Yes. Our enrolled agents and CPAs represent clients through examination, appeals, and collections.
How do you integrate with our bookkeeper?
We work with client bookkeepers directly through shared access to QuickBooks, Xero, or other platforms, or we provide bookkeeping ourselves through the TYM accounting team.
Corporate Tax Compliance
Form 1040 U.S. Personal Tax
Cross-Border Tax Strategy
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