Starting a business in Canada feels exciting. Choosing a structure brings tax implications of business structures into focus. This choice shapes your taxes, risks, and growth path. It’s not just paperwork. Freelancers work solo. Startup founders chase big plans. Small…
You’re a Canadian business owner looking at the U.S. market—exciting, isn’t it? More customers and sales are within reach. But then, U.S. subsidiary of Canadian company taxes come up, and you might wonder where to begin. Don’t worry—I’m here to…
Thinking about opening a US LLC from Canada? Or maybe you already have one? While US LLCs are popular for their easy setup and liability protection, they can create serious tax headaches for Canadian business owners. The biggest issue? You…
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…
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…