Want to expand your Canadian business into the US market? You’ll need something called an EIN (Employer Identification Number) first. Think of it as a social security number for your business. It’s a unique nine-digit code that the Internal Revenue…
Expanding into the U.S. can help Canadian businesses grow. A U.S. Limited Liability Company (LLC) seems like an easy and flexible option, but can a Canadian corporation own a US LLC? More importantly, what are the tax and legal implications? …
Handling taxes can be overwhelming, especially for businesses juggling both domestic and cross-border transactions. Did you know that one of the most common reasons Canadian businesses face tax penalties is errors in GST/HST filings? If you run a business, understanding…
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…