Should a US Company Selling into Canada Use a US-Based CPA?
Reading Time: 6 minutesLearn about the tax implications of selling products in Canada, how to avoid tax errors and penalties, and more
August 28, 2022
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All of the information you need, right here, right now.
Reading Time: 6 minutesLearn about the tax implications of selling products in Canada, how to avoid tax errors and penalties, and more
Reading Time: 3 minutesFor those Canadian businesses wishing to expand their operations into the United States, there are several challenges they will need to work through during the
Reading Time: 5 minutesU.S taxpayers are required to report and pay taxes on their worldwide income. If you are a U.S. expat and living/working abroad, FBAR, FinCEN 114,
Reading Time: 3 minutesIf you are an American citizen or a U.S. expat, and meet a certain income threshold, then you are supposed to report your foreign bank
Reading Time: 2 minutesAs apparent by the name, “International taxation” refers to the taxes applied on the income that businesses and companies earn by selling their product and
Reading Time: 2 minutesTax Forms and Deadline for
Canadians Selling Products in the U.S., including IRS forms vs. CRA forms and categories
Reading Time: 3 minutesImmigration rules and substantial presence test, IRS Form 8840, Closer Connection Exemption, and US Tax Residence Rules for Canadians
Reading Time: 4 minutesDealing with cross-border taxes can often be confusing. Since you deal with the regulations of two countries, you may need to put in some extra
Reading Time: 4 minutesOur Canadian cryptocurrency guide includes CRA rules, business, capital gains, and more
Reading Time: 3 minutesA helpful table outlining conditions and requirements for Form 8939 and FBAR
Reading Time: 3 minutesHow much foreign tax credit are you eligible for?
Reading Time: 3 minutesYour Individual Taxpayer Identification Number (ITIN) is similar to a SSN for people who are non-residents, cannot get an SSN, or resident spouses
Reading Time: 6 minutesImportant international tax advice for individuals
Reading Time: 2 minutesDual citizen tax issues across borders, including reporting obligations
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: 3 minutesdifference between a 401(k) and Canadian RRSP
Reading Time: 3 minutesTraditional IRA and Canadian RRSP: equivalents and differences
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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