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Reading Time: 3 minutesIs it a good idea or a bad idea to have an LLC if you are a Canadian doing business in the U.S? Be aware of double taxation, the Branch Profit Tax, and the fact that the IRS and CRA categorize LLC income differently.
Reading Time: 2 minutesThe U.S. has a tax treaty with Canada, so as a Canadian non-resident living in the U.S., you can enjoy the same tax-deferred benefit on both sides of the border (for certain accounts).
Reading Time: 2 minutesToday we are discussing Canadian retirement plans such as RRSP and LIRA, and what happens to them when you’re planning to leave Canada or you
Reading Time: 5 minutesOne question we often get from individuals living abroad and informal expats is whether a Roth IRA is still an option while living abroad. In
Reading Time: 4 minutesHow to make a 1040-E quarterly estimated tax payment
Reading Time: 7 minutesPlease note: these are general options you have for reducing your taxable income, and their appearance on this list does not necessarily mean it’s the
Reading Time: 3 minutesJust last week, the IRS announced that the agency would bring on two “private-sector experts” to assist with efforts in cryptocurrency and digital assets. The
Reading Time: 3 minutesIt’s important to download and gather all of your e-commerce tax documents, including 1099-ks, VAT, sales tax reports, and sales statements to bring to your
Reading Time: 4 minutesIn this article, we outline what a 1099-k is, how selling through online marketplaces and exchanging money through payment platforms impacts your taxes, and common
Reading Time: 2 minutesFebruary 2024 Most of the February chatter revolves around tax filing for 2023 and how to strategize for crypto tax in 2024, with the usual
Reading Time: 6 minutesRoughly 1,000 people turn to the internet each month to search for a crypto tax calculator. And, while there’s no way to know exactly what
Reading Time: 3 minutesIt’s tax time, and we are already working through client tax returns. The IRS is currently issuing resources, new information, and guides to ensure tax
Reading Time: 4 minutesYou’ve probably seen it before—articles announcing “7 Reasons Bookkeeping is Important for Your Business”, “15 Reasons Why Bookkeeping is Important”, and even “Definition, Types and
Reading Time: 2 minutesWith the IRS now accepting tax returns, you’re probably wondering when you can expect your tax refund. We’ve put together a helpful chart to help
Reading Time: 3 minutesThe IRS expects that over 128.7 million tax returns will be filed by this year’s deadline, but before we can do that, we need to
Reading Time: 5 minutesWe are nearly one month into 2024, and already the predictions for how accounting will change this year have come. This year hosts a number
Reading Time: 3 minutesWhile you might think the first step in filing your taxes is to reach out to and hire a CPA, you can make the process
Reading Time: 4 minutesWe’ve all been there—it’s the end of the year, and if the holidays weren’t stressful enough, you’re also realizing that you had an especially prosperous
Reading Time: 2 minutesThis year, we’ve put together a round up to help you get started with tax planning for 2023. Below you will find our roundup of
Reading Time: 2 minutesIn this portion of our 2023 Tax Planning series, we outline the details regarding Net Investment Income Tax and Alternative Minimum Tax. A Note from
Reading Time: < 1 minuteIn this portion of our 2023 Tax Planning series, we walk through two important notes for retirement planning and taxes. A Note from Us: At Akif
Our CPAs build an accounting process that is modern, efficient, and has the reporting capabilities you need.
Regular reports ensure you get the oversight you need to be comfortable, without being involved in the day-to-day.
Easily submit any documents remotely through our secure online portal, and we’ll take it from there.
We believe in building strong, long-term client relationships, holding ourselves to a high standard of accountability when it comes to client work, providing excellent communication, and receiving ongoing feedback from our clients.
With unparalleled guidance, cost-saving entity structures, and forecasting built on experience, you’ll get the benefit of CPAs that know the ins and outs of how your industry works.
Get 360° accounting services that offer full support and coverage of every aspect of your business.
We offer everything from granular, data-entry support to high level accounting strategy. Don’t see the service you need listed? Just ask!
Maintain a complete picture of your transaction history and financial health. Our team adheres to strict accounting standards, ensuring accurate and up-to-date books with a financial trail that is straightforward and easy to follow.
Our bookkeeping and accounting reports offer a detailed and accurate look at the complete financial health of your business. From regular reports to real-time insights, our approach to accounting is always data-driven
Unlock the full power of your accounting software with a fully-integrated software setup. Ensure regular and easy instant-generated reports with unquestionable accuracy in every line item
Regular tracking and management combined with inventory audits, evaluations, and reports help you optimize your inventory levels, track performance, and make critical decisions
Get paid on time and stay up to date with vendor payment with invoicing services focused on accuracy, timeliness, and strategy. Our team implements tools and approaches that ensure accounts payable and accounts receivable are in good health
Payroll services from the top down means your business gets the labor reports it needs while your employees and contractors are paid on time. Our team follows regulations and focuses on accuracy, offering well-rounded payroll services to the highest standard.
Get 360° accounting services that offer full support and coverage of every aspect of your business.
We offer everything from granular, data-entry support to high level accounting strategy. Don’t see the service you need listed? Just ask!
For assistance in planning and transferring your U.S. assets to Canada, please contact our colleague Phil Hogan, CPA, CA, CPA at (250) 661-9417 or phil@philhogan.com
