Running a small business in Canada is exciting, but sorting out your finances can feel tricky. A bookkeeping checklist for small businesses in Canada helps you stay organized and calm. About 60% of owners say accounting trips them up, leading…
Are you a Canadian who wants to open a bank account in the US? Whether you visit the US often, own property there, or do business across the border—with $627 billion in Canadian investment flowing to the US in 2023—a…
If you run a US business as a non-US resident, IRS Form 5472 is something you need to handle. It’s not the most exciting part of owning a company, but it’s important for staying compliant with the IRS. This form…
More Canadians want to buy homes in the U.S. lately. Things like different weather, lively cities, and money-making chances drive this trend. Canadians made up 13% of foreign buyers of U.S. homes in 2024, snapping up 7,100 houses worth 5.5…
Remote work has created fun new ways to work for companies in other countries without leaving your house. It is alluring and has become an integral part of the traditional office environment after the break of COVID-19. A 2023 FlexJobs…
The Canada-U.S. border offers big real estate opportunities for investors. Stats say foreign buyers took 54,300 U.S. homes from April 2023 to March 2024. Canadians led with 13% of those deals. Both sides chase investment, retirement, or a new vibe.…
Residency matters a lot in Canada’s tax system. You live here or take off somewhere else, either way, a few big things pop up. Statistics Canada estimates around 4 million Canadian citizens lived abroad in 2023. Many of them still…
Selling on eBay in Canada? It’s a solid way to make cash. But taxes come with it, and you need to understand them. In 2025, eBay Canada will report sellers with over 30 transactions and CAD 2,800 (net sales) to…
Dropshipping feels like an easy win: no warehouse, low startup costs, and you can sell pretty much anything from anywhere. But then tax season comes up, and it’s not so simple anymore. If you’re running a dropshipping gig in the…
Amazon is one of the biggest online selling spots worldwide. But do Amazon sellers in Canada and the U.S. need to pay taxes? In 2024, the average Canadian seller made about $30,000 in profits. Top sellers even pulled in over…