Frequently asked questions

Yes. We prepare Canadian personal and corporate returns, and US individual returns for clients with US filing obligations. Cross-border situations where both apply are our main focus.

As a Certifying Acceptance Agent authorized by the IRS, we can verify your identity documents for an ITIN application in person or by video, so you do not need to mail your passport to the IRS.

We confirm your eligibility, verify your identity documents as a Certifying Acceptance Agent, prepare your Form W-7, and submit it with the return or documentation the IRS requires — without you mailing original passports.

Yes. This is a core part of our practice. We coordinate your US and Canadian filings, handle FBAR/FATCA reporting, and apply treaty positions to help avoid double taxation.

Often, yes — US income, US real property, or certain business activity can create a US filing obligation. We'll assess your situation and handle both sides if a US return is required.

They are US foreign-account reporting requirements. FBAR (FinCEN 114) and FATCA (Form 8938) apply to certain non-US financial accounts and assets. We determine what applies to you and prepare the filings.

When you cease Canadian residency, Canada generally treats certain property as sold at fair market value (a deemed disposition). We plan for and report this, ideally before the move.

FIRPTA is US withholding that applies when a non-US person sells US real estate. We handle the withholding, reporting, and, where eligible, applications to reduce over-withholding.

Yes — Canadian personal (T1) and corporate (T2) returns, plus US individual returns where required. Corporate advisory and owner compensation planning are available as advisory engagements.

Individuals and businesses with connections on both sides of the Canada–US border — US citizens living in Canada, Canadians with US income or property, dual citizens, and people relocating between the two countries.

After an initial consultation we set out a defined scope and a fixed fee in writing, so you know the cost before any work begins.

Book a consultation through our contact page or by phone. We'll discuss your situation, confirm scope and fee in writing, and send a document checklist.

Most work is handled remotely through secure document sharing and video calls, with in-person meetings available in Toronto when helpful.

We serve clients from Toronto, and work with people across North America by phone and video.

Yes. Our bilingual team can work with clients in English and Russian across our US and international engagements.

Yes. We collect only what we need, share documents through secure channels, and handle personal information in line with our Privacy Policy and applicable privacy law.

No. We focus on tax and advisory only, and do not provide audit, review, or other assurance engagements.

TYM Professional Corporation is a CPA-led advisory firm in Ontario, led by Elena Serebryany, CPA, CA (Ontario) and US CPA (Florida).

Yes. We regularly help clients bring prior-year Canadian and US filings up to date and understand the options for doing so correctly.

Both. Beyond seasonal filings, our advisory engagements support decisions throughout the year, particularly for cross-border moves and business changes.