Below, we outline typical questions we get from our clients and prospective clients. We also note some helpful considerations for choosing a qualified U.S. tax advisor. We hope that you find this page useful.
How do we work?
Once we gained an in depth understanding of the clients’ facts, we do our research to ensure proper U.S. tax treatment. We then review any planning opportunities and pro-actively discuss them with our clients.
With a team of experienced and qualified U.S. tax attorneys and CPAs, we have a prudent review process before any document is delivered to our clients or the tax authorities. When developing a tax position, we do tax research and always assume it would be audited by the tax authorities. That assumption allows us to be prepared for any challenges.
Who are our clients?
We regularly work with business owners and small to medium-size businesses by helping them with all aspects of U.S. and international tax compliance, consulting, and planning.
One of our focus areas is helping professional athletes and entertainers. We work with NHL, MLS, NBA players and coaches, UFC fighters, musicians and artists.
Why should I choose U.S. Tax IQ?
How does U.S. Tax IQ compare to other U.S. tax advisors/firms?
At U.S. Tax IQ, we invest in technical excellence and work hard on providing our clients with certainty to the extent possible. We also provide smart tax advice – striving to make it practical and relevant to our clients.
Is my information safe?
Do you offer free consultations?
If you do not retain us to help you after the initial consultation, the fee covers our time spent on meeting with you, reviewing your facts, and providing you initial guidance. Since we are paid based on the time we spent working on a particular project, it is only fair to pay for the service.
What payment methods do you accept?
However, our preference is for certified checks or money orders, e-mail or Interac e-transfers, and checks.
What are U.S. Tax IQ's hours of operation?
However, we are available to our clients 24/7, whether it is a weekend or a holiday.
Are you a Certified Acceptance Agent (CAA)?
If you would like to apply on your own, you can complete Form W-7 and send your original passport to the IRS. The process may take 6-8 weeks.
You can also obtain a certified passport copy from Canada Passport office and attach it to your ITIN application. Canada Passport office may take a few weeks to issue the certified passport copy. There may be a premium processing at some locations. There is also a small fee for that service. You should check with Canada Passport office to confirm the applicable procedures and fees.
Alternatively, you can apply for ITIN with an IRS Taxpayer Assistance Center (TAC) in the United States. You need to schedule an appointment and bring your passport and completed Form W-7 to TAC.
What if I have a quick question?
In our experience, U.S. tax issues often require some thought and analysis. A quick question in many cases may lead to a bigger project.
If you have a “quick question”, you can schedule a 15 minute initial consultation and we will help you or determine if next steps are necessary.
Where are you physically located?
We also have virtual offices in downtown Toronto, Washington, DC, and Irvine, CA. We use virtual office to meet with our clients and prospective clients in those locations, when needed.