Imagine turning your Shopify side hustle into a strong Amazon business but then getting a CRA notice for unreported income. No Canadian e-commerce seller wants that. If you’re new, running things solo, freelancing with dropshipping, or going full-time, you need…
You are a Canadian with foreign investments, and this Form T1135 guide makes your 2025 foreign asset reporting straightforward. You can file right and stay in the CRA’s good books. Even if your foreign assets earned nothing, skipping this form…
Your WooCommerce shop needs a simple tax setup. And, we’re here to help you nail your WooCommerce Canada tax setup for GST, HST, and QST. You, as a small business owner or freelancer, can follow the steps in this guide…
You’re an online seller shipping across the U.S., and we’re here to simplify the sales tax nexus for you in 2025. More importantly, we want to save you from penalties for missing tax rules in states you’ve never visited. Surprisingly,…
Today, we aim to help small business owners, just like you, understand fair market value (FMV) and ease tax filing for asset sales or transfers. Above all, we want to prevent you from undervaluing assets to cut taxes, which risks…
The CRA T2 tax form helps Canadian businesses report income and taxes. In 2023, about 2.2 million T2 returns hit the CRA, with 85% filed online. New business owners often find this form tricky. Don’t worry. We at SAL Accounting…
Tax season doesn’t need to stress you out. Canada has 5.4 million small businesses. On the other side of the border, the U.S. has 33.3 million. Knowing small business tax deductions helps you save big. Scary fact: 30% of small…
Double taxation—paying tax twice on the same income—hurts Canadians earning abroad, expats, non-residents with Canadian income, and small business owners in cross-border trade. In 2025, avoiding this burden is essential. Did you know 70% of Canadian small businesses with foreign…
Every sale on your Shopify or e-commerce store feels like a win. Taxes, though, can complicate things. The US has over 12,000 tax zones. That’s tough to keep up with. Data shows 68% of online sellers faced use tax fines…
If you earn money from U.S. sources—like royalties, dividends, or scholarships—as a non-U.S. person or business, you likely have a Form 1042-S. This IRS form shows your U.S. income and any taxes taken out. It helps you follow U.S. tax…