US Partnership – tax implication

LLP structure is one of the best entity for Canadian investors seeking legal liability as well as for avoiding double taxation whereas LLC is not recommended. More and more Canadians, realizing the real estate opportunity available in the US are turning to Partnership structure for their real estate investments. However, not many Canadians are fully … Continue reading US Partnership – tax implication

Tax Implications for US Citizens working in Canada

US citizens working in Canada have to file a Canadian tax return and pay Canadian tax. If you are a US Citizen working in Canada as an employee, you should be aware of what tax obligations are applicable to you or you could end up facing large penalties. Here are the tax-related responsibilities that you … Continue reading Tax Implications for US Citizens working in Canada

Employer Identification Number (EIN) for Canadian Companies

Learn why and when a Canadian business is required to have an Employer Identification Number from the US. An Employer Identification Number (EIN) is required for Canadian companies that do business in the US. If you are a Canadian company that is connected to the US, even in a small way, make sure that you … Continue reading Employer Identification Number (EIN) for Canadian Companies

US-Canada tax implications of Canadian company sending employees to work in the US

US-Canada tax experts reveal the most common pitfalls that Canadian companies face when sending employees to the US. What is an ITIN? Are you a Canadian corporation that’s sending one or more of your employees to work in the US? If yes, then be sure to avoid the following three most common mistakes made by … Continue reading US-Canada tax implications of Canadian company sending employees to work in the US

U.S. personal tax filing for Canadian expatriates working in the US

As a Canadian expatriate working in the U.S, you will be subject to U.S tax on the employment earned in the US. Are you employed by a Canadian business and working in the U.S? Are you aware that this type of cross border employment will trigger U.S. federal tax, state tax, and US filing requirements? … Continue reading U.S. personal tax filing for Canadian expatriates working in the US
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