Content Creator Tax Deductions and Write-Offs
Reading Time: 4 minutesLearn essential tax deductions for content creators! Discover how to save money on home office, equipment, travel, and more.
December 18, 2024
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All of the information you need, right here, right now.
Reading Time: 4 minutesLearn essential tax deductions for content creators! Discover how to save money on home office, equipment, travel, and more.
Reading Time: 3 minutesLearn how the IRS evaluates tax deductions for content creators, including influencers, YouTubers, and streamers.
Reading Time: 2 minutesLearn the essential steps for your year-end bookkeeping checklist, including reports, payroll taxes, sales tax, budgeting, and finalizing financials. Maximize tax savings and plan effectively!
Reading Time: 2 minutesMaximizing Business Tax Deductions: A Guide to the Most Common Write-Offs Hello everyone, this is Mohammad Akif with Akif CPA! Today, we’re diving into a
Reading Time: 3 minutesLearn about U.S. tax requirements for Canadian e-commerce sellers, including ECI, PE, tax filing forms, and why U.S. LLCs pose double taxation issues for Canadians.
Reading Time: < 1 minuteLearn about the BOI report, a U.S. federal filing requirement for LLCs, corporations, and other entities. Understand deadlines, penalties, and how to stay compliant starting January 1, 2024.
Reading Time: 5 minutesSomething we get asked a lot is “What are the IRS tax forms that match the Canadian tax forms I’m used to”. To help, we’ve
Reading Time: 4 minutesA note: the FHSA is a relatively new account, and the IRS has yet to review, issue guidance, or challenge in anyway. So Canadians who
Reading Time: 3 minutesEmbarking on a new chapter in the United States brings a plethora of opportunities, but understanding the intricacies of the US tax system can be
Reading Time: 3 minutesT1161 and T1248 are critical forms for filing your final return (Canadian Departure Tax Return) before moving to the US
Reading Time: 3 minutesA look at how the American IRS views Canadian investments, retirement accounts, and properties, and how they are taxed.
Reading Time: 2 minutesWith Q4 on the horizon, it’s time to start thinking about large-scale, year-end accounting tasks. Depending on your business’s fiscal year structure, you may be
Reading Time: 2 minutesHow your Canadian investments, including RRSPs, TFSAs, RESPs, HBP, LLP, rental properties, and principal residences, are taxed by the Canada Revenue Agency (CRA) when you leave Canada.
Reading Time: 2 minutesThe average US-based or Canada-based CPA is not well-versed in the nuances of cross-border taxation
Reading Time: 5 minutesWithout proper guidance, Canadians moving to the US often encounter several tax pitfalls, like double taxation and taxation on TFSAs
Reading Time: 3 minutesCanadian departure tax—what it is, the types of assets it applies to, exemptions and how to calculate it.
Reading Time: 2 minutesThe case for delaying S Corp Election and When to Make the Switch
Reading Time: 2 minutesForm 1040, Form 114 FBAR, Form 3520, Form 3528, Form 1065, Form 1120, and Form 1120S
Reading Time: < 1 minuteCanadians in the US with a primary home in Canada do not get the same capital gain exemption as in Canada.
Reading Time: < 1 minuteTo all the small business owners out there facing challenges and uncertainties, know that you are not alone. The journey of entrepreneurship can be fraught
Reading Time: 2 minutesThis article delves into the tax implications of owning a Canadian home after moving to the US, focusing on the scenario of converting it into a second home.
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