8 Signs it’s Time for a New CPA
Reading Time: 7 minutesIf your current CPA is disorganized, they miss deadlines, aren’t providing you with reports, and don’t have expertise in your industry, it might be time to switch
All of the information you need, right here, right now.
Reading Time: 7 minutesIf your current CPA is disorganized, they miss deadlines, aren’t providing you with reports, and don’t have expertise in your industry, it might be time to switch
Reading Time: 3 minutesLearn if you qualify for the foreign tax credit, how to calculate and claim, and carryover and carryback terms
Reading Time: 4 minutesWhat does dual status mean, how long must you occupy, and how does this complicate your taxes
Reading Time: < 1 minuteUnder the Fixing America’s Surface Transportation Act, Public Law 114-94, the IRS may revoke your passport if you do not pay your taxes
Reading Time: 5 minutesDeduct mortgage interest, home-equity loan interest, medically necessary home improvements, rental expenses, and more
Reading Time: 6 minutesLearn which training costs are tax deductible for self-employed and traditional employees, including tuition, conventions, etc.
Reading Time: 6 minutesLearn about CTC (Canada Training Credit), how to ensure your training is tax deductible, and where to file and claim it
Reading Time: 5 minutesLearn about standard mileage rate, actual expense method, and how to get the most out of vehicle tax deductions
Reading Time: 3 minutesWrite off travel, marketing, inventory, payroll, and claim deductions for your content creation career
Reading Time: 3 minutesImmigration rules and substantial presence test, IRS Form 8840, Closer Connection Exemption, and US Tax Residence Rules for Canadians
Reading Time: 3 minutesFTC eligibility, types of credits, forms to submit, and how to claim the Foreign Tax Credit
Reading Time: 2 minutesSteps, Forms (W7), and Documents you need to apply for an ITIN as a non-resident
Reading Time: 2 minutesAn ITIN can take anywhere from 6 weeks to 10+ weeks to be issued, depending on the season
Reading Time: 4 minutesKnow your tax bracket, mark your deadlines with the year’s due dates, develop your tax strategy early, and plan ahead
Reading Time: 2 minutes2022 tax brackets vs. 2021 tax brackets
Reading Time: 3 minutesWith new year, new taxes are upon us. In this post, we have discussed all the deadlines to file your tax returns on time. Filing
Reading Time: 2 minutesLearn how the IRS treats TFSA and reporting
Reading Time: 2 minutesCanadian estate inheritance death tax includes primary home, businesses, accounts, vacation homes, and investments
Reading Time: 6 minutesMoving to the US with Canadian Investments (real estate, rental property, mutual funds, ETFs, trusts, RRSP, TFSA, stocks, and more)
Reading Time: 2 minutes2021 vs 2020 tax brackets for single tax payers, married couples filing jointly, married couples filing separately, heads of households
Reading Time: 3 minutesFiling and paying your taxes on time in 2021 is way easier when you know the due dates and when you have a great CPA.
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