Keeping track of finances is one of the biggest challenges for small business owners. The right bookkeeping software can save time, automate tax reporting, help you stay CRA-compliant, and make your GST/HST returns as easy as possible. So, what’s the…
If you’re a U.S. citizen or dual resident living in Canada, filing U.S. tax returns in Canada isn’t optional—it’s a requirement. The good news? While it may seem overwhelming, the process is straightforward when broken down into key steps. You’ll…
Understanding cross-border withholding taxes is key if you do business or earn income under the tax treaty between the United States and Canada. The U.S.-Canada tax treaty offers major tax benefits. It can lower or even remove withholding taxes on…
E-commerce is booming—by 2027, online sales will account for 25% of global retail. Yet, over 80% of e-commerce businesses struggle with financial mismanagement, leading to tax issues, cash flow problems, and thousands of dollars in lost revenue. Why? Many online…
Paying corporate taxes is vital for business owners in Canada, as it’s the CRA’s way of ensuring you comply with tax regulations and contribute to public service. In 2025, some significant changes are coming into effect, including changing the filing…
Earning income in Canada as a US citizen or green card holder seems challenging—reporting that income on your US tax return. But don’t worry. With the right steps, you can handle this process with confidence. This guide is here to…
If you’re a Canadian business owner earning income from foreign markets, you’re part of a thriving network of global entrepreneurs with huge growth opportunities. The latest data indicates that Canadian businesses hold over CAD$1.5 trillion in foreign direct investments, with…
The United States is a prime choice for many non-US citizens, like Canadians, to expand their businesses. Typically, because of its vast market, new opportunities, economic ties, etc., many consider buying a business in the US a very clever step…
Are you also a non-US resident considering opening a business in Florida? “The Sunshine State” is a choice for many business owners and has much to offer.According to the SBA (Small Business Administration), about 3.1 million small businesses operate in…
If you are considering opening an LLC in the US but live in Canada, you have come to the right place.Sure, it might seem daunting at first. Setting up a business is generally challenging, let alone in another country!But do…