Understanding US Tax Obligations for Canadians with Kevin Tippett (Ep. 23)

Want to move to Canada but unsure how it affects your US tax obligations? 

Frankie Loreto and Sarah Netley are joined by US tax expert Kevin Tippett, to dive into the intricacies of tax implications for US citizens living in Canada. Kevin, a tax partner at Baker Tilly’s Ottawa office, brings clarity to a topic that affects many cross-border individuals. They explore key differences between the Canadian and US tax systems and offer detailed insights into the challenges of dual tax obligations.

Kevin shares insights on:

• Differences in filing between Canada and the US [00:03:01]
• U.S. citizenship-based taxation challenges [00:04:32]
• Mechanisms to avoid double taxation [00:07:56]
• Importance of filing to avoid penalties [00:09:05]
• Navigating voluntary disclosure [00:11:16]

Resources:

• Report of Foreign Bank and Financial Accounts (FBAR)

Connect with Frankie Loreto and Sarah Netley: 

• Courtice.BakerTilly.ca
• LinkedIn: Baker Tilly Canada
• LinkedIn: Frankie Loreto
• LinkedIn: Sarah Netley
• Call: [phone]

Connect with Kevin Tippett:

• LinkedIn: Kevin Tippett, CPA
• BakerTilly: Kevin Tippett
• Call: [phone]
• Email: [e-mail]

About Our Guest: 

A proud Maritimer originally from Moncton, New Brunswick, Kevin graduated from Mount Allison University with a Bachelor of Commerce, majoring in Accounting. In 2009, he earned his U.S. CPA designation and has built over 20 years of experience specializing in personal cross-border tax, with a focus on Canada and the United States.

After relocating from Moncton to Ottawa, Kevin began his career at a Big Four accounting firm, spending eight years developing expertise in cross-border tax matters, particularly advising employees on temporary assignments between Canada and the United States. Named partner in 2025, Kevin assists with the oversight of the cross-border tax practice, specializing in personal, cross-border income tax compliance, and advisory services.