Tax guides
Plain-English answers to US, Canadian and cross-border tax questions. Each guide states who it applies to, the rule, the figures with their sources, and when the answer changes.
How US business owners can rebuild overdue books, document income and expenses, reconcile accounts, and decide what needs review before filing.
United States · Bookkeeping · Self-employed · Partnerships · Corporations
When a US small business can keep its own books, what records the IRS needs, and when payroll, inventory or business returns call for help.
United States · Bookkeeping · Self-employed · Partnerships · Corporations
Which returns, current statements, transcripts, and CPA letters can document self-employed income for a lender, and who may prepare them.
United States · Bookkeeping · Self-employed · Partnerships · Corporations
How US businesses match sales to payment deposits and Form 1099-K while recording fees, refunds, sales tax, reserves, and year-end timing.
United States · Bookkeeping · Self-employed · Partnerships · Corporations
See when changing a sole proprietorship or LLC creates federal tax, which returns and EIN rules apply, and what state filings to check.
United States · Business structure · Self-employed · Partnerships · Corporations
How an LLC can request an earlier C corporation tax effective date after filing Form 8832 late, including eligibility, signatures, returns, and IRS follow-up.
United States · Business structure · Self-employed · Partnerships · Corporations
Find out whether Form 2553 took effect, how to replace an acceptance letter, and when a corporation or LLC can request late S election relief.
United States · Business structure · Self-employed · Partnerships · Corporations
Compare LLC and C corporation taxes, owner withdrawals, early losses, state fees, and the stock-sale exclusion before forming a US business.
United States · Business structure · Self-employed · Partnerships · Corporations
For US resident owners, see how an LLC affects rental reporting, property transfers, home sale gain, state taxes, and ownership with others.
United States · Business structure · Individuals · Partnerships
Compare a second brand in one company with a new LLC or holding company, including who owns each venture and which federal returns they file.
United States · Business structure · Self-employed · Partnerships · Corporations
How an S corporation election can cut self-employment tax, who can elect, how to file Form 2553 on time, and the costs that can erase the saving.
United States · Business structure · Self-employed · Partnerships · Corporations
When a spouse- or family-owned LLC files Form 1065, when community property allows disregarded reporting, and why an LLC cannot elect qualified joint venture status.
United States · Business structure · Individuals · Self-employed · Partnerships
When an existing C corporation can elect S status, and how old earnings, appreciated assets, distributions, and losses affect the tax cost.
United States · Business structure · Corporations
Find when out-of-state sales, workers, inventory or owners can trigger business income or franchise tax returns and nonresident owner filings.
United States · Business tax · Self-employed · Partnerships · Corporations
When a US business loss can reduce wages or a spouse's income, which limits apply, and how unused losses carry forward.
United States · Business tax · Individuals · Self-employed · Partnerships · Corporations
For US business buyers: compare asset and stock purchases, purchase-price deductions, Form 8594, seller tax debts, and the first return after closing.
United States · Business tax · Self-employed · Partnerships · Corporations
How a partnership or S corporation buyout is taxed for the departing and remaining owners, and what the business reports on its return and K-1s.
United States · Business tax · Partnerships · Corporations
When California LLCs and corporations owe the annual minimum tax, including inactive and out-of-state entities, plus LLC fees, deadlines and closing steps.
United States · Business tax · Self-employed · Partnerships · Corporations
How an LLC, partnership or corporation identifies missing US returns, files them in a workable order and handles payroll, state filings and unpaid tax.
United States · Business tax · Self-employed · Partnerships · Corporations
How partnerships and S corporations correct filed returns and K-1s, and when partners or shareholders must change their own returns.
United States · Business tax · Partnerships · Corporations
When a US corporation pays developers abroad, learn which software costs must be spread over 15 years and how US work is treated differently.
United States · Business tax · Corporations
Learn why a Delaware corporation's franchise tax notice can be high, how to compare calculation methods, and what LLCs and partnerships owe.
United States · Business tax · Corporations · Partnerships
How US C corporations pay federal tax, pay owners, use losses, file Form 1120, make estimated payments, and face state taxes.
United States · Business tax · Corporations
How federal tax treats a single-member or multi-member LLC, when owners report profit, how elections work, and why state taxes may differ.
United States · Business tax · Self-employed · Partnerships · Corporations
How a US partnership or multi-member LLC reports income, gives partners Schedule K-1, and handles distributions, basis, self-employment tax, and audits.
United States · Business tax · Partnerships
How S corporation profit, distributions, and shareholder basis are taxed; what Form 1120-S reports; and when federal or state tax applies.
United States · Business tax · Corporations
Federal late-filing and late-payment penalties for partnerships, S corporations and C corporations, plus extensions, notices and relief options.
United States · Business tax · Partnerships · Corporations
How US online sellers report sales, Form 1099-K, fees, inventory and shipping; when self-employment, estimated and state income taxes may apply.
United States · Business tax · Individuals · Self-employed · Partnerships
When a partnership or S corporation may benefit from a state pass-through entity tax election, and which owner, credit and deadline rules can change the result.
United States · Business tax · Partnerships · Corporations
How US business owners estimate tax on an asset, stock, or partnership-interest sale, allocate the price, and prepare records before accepting an offer.
United States · Business tax · Self-employed · Partnerships · Corporations
Find out whether a Texas LLC or corporation owes franchise tax, which information report is still due below the threshold, and how to clear missed filings.
United States · Business tax · Self-employed · Partnerships · Corporations
Form 5471 categories, CFC income, related elections and filing deadlines for US citizens and residents who own a business abroad.
United States · Business tax · Individuals · Corporations
Find the federal and state returns for a sole proprietor, LLC, partnership, S corporation, or C corporation, including filing rules for a quiet year.
United States · Business tax · Self-employed · Partnerships · Corporations
A first-year filing checklist for US sole proprietors, partnerships, and corporations: deadlines, start-up costs, records, elections, and e-filing.
United States · Business tax · Self-employed · Partnerships · Corporations
How to close a US LLC or corporation, file final federal and state returns, handle payroll and leftover assets, and deactivate its EIN.
United States · Compliance and closing · Self-employed · Partnerships · Corporations
Compare keeping, converting, or replacing an LLC or corporation after a move, including EINs, S elections, state filings, and payroll.
United States · Compliance and closing · Self-employed · Partnerships · Corporations
How to identify why a US LLC or corporation lost good standing, restore its state status, and check the tax filings and elections still due.
United States · Compliance and closing · Self-employed · Partnerships · Corporations
Compare personal and business ownership of a car or truck, the heavy-vehicle write-off rules, and what mixed use means for an LLC or S corporation.
United States · Deductions and credits · Self-employed · Partnerships · Corporations
How S corporation shareholders, partners, and LLC owners pay, report, and deduct their health insurance premiums, including W-2 and Marketplace rules.
United States · Deductions and credits · Self-employed · Partnerships · Corporations
A practical order for US business owners to check expenses, equipment, qualified business income, retirement plans, credits, and state elections.
United States · Deductions and credits · Self-employed · Partnerships · Corporations
Why an S corporation owner's salary can shrink the QBI deduction, when wages can help, and which K-1 figures belong on the owner's return.
United States · Deductions and credits · Corporations · Partnerships
How an S corporation can repay an owner for home office, phone, internet and car costs under an accountable plan, with records and payroll rules.
United States · Deductions and credits · Partnerships · Corporations
Compare an LLC and a C corporation when one owner lives abroad: US returns, partner withholding, dividends, and the filings each owner may need.
United States · Foreign owners · Partnerships · Corporations
For foreign-owned US C corporations, see when Form 1120 and Form 5472 are due after Form 7004, when tax was due, and what late filing can cost.
United States · Foreign owners · Corporations
How a foreign-based officer signs and files a US C corporation's Form 1120 with Form 5472, chooses e-file or mail, and pays from abroad.
United States · Foreign owners · Corporations
How a foreign-owned US C corporation reports its first short year, pre-launch costs and losses on Form 1120 when it has no sales.
United States · Foreign owners · Corporations
When a foreign corporation selling to US customers or owning a US LLC files Form 1120-F, how treaties affect filing, and what changes the answer.
United States · Foreign owners · Corporations
Annual Form 1120, Form 5472, withholding, and state filing rules for a US C corporation with a foreign owner, including years with no income.
United States · Foreign owners · Corporations
What a US single-member LLC owned by one foreign person files for any year it deals with its owner: pro forma Form 1120, Form 5472, deadlines and penalties.
United States · Foreign owners · Self-employed · Corporations
Federal withholding and forms for a US partnership or multi-member LLC with a foreign partner, including payments, partner credits, sales, and state rules.
United States · Foreign owners · Partnerships
Can a nonresident own a US LLC or corporation? Compare federal filings, S corporation limits, state taxes, EINs, and ITINs before choosing a structure.
United States · Foreign owners · Self-employed · Partnerships · Corporations
How a foreign owner catches up on a missed Form 5472, responds to a CP215 notice, and asks the IRS to remove a penalty.
United States · Foreign owners · Self-employed · Corporations
How nonresident owners of US rental property handle federal withholding, the net-rent election, Form 1040-NR, missed returns, and state tax.
United States · Foreign owners · Individuals · Corporations
How a nonresident owner reports US business income on Form 1040-NR, claims expenses and withholding, and checks estimated and state tax.
United States · Foreign owners · Individuals · Self-employed
How a foreign owner takes money from a US LLC or C corporation, including draws, dividends, pay for work, loans, withholding and forms.
United States · Foreign owners · Self-employed · Corporations
How a foreign owner funds a US C corporation, records personal payments, and handles Form 5472 and interest withholding.
United States · Foreign owners · Corporations
For owners abroad: which address to give a US registered agent, the IRS and a bank, what identity records to prepare, and whether remote opening is possible.
United States · Foreign owners · Self-employed · Partnerships · Corporations
A Delaware C corporation managed abroad still faces US tax on worldwide income. Learn when Delaware, another state, or a foreign country may also tax it.
United States · Foreign owners · Corporations
What a US C corporation with a foreign operating subsidiary files each year, when subsidiary income enters its US return, and how foreign owners affect Form 5472.
United States · Foreign owners · Corporations
What a foreign-owned US C corporation files, how it reports parent-company charges, and when it needs withholding and pricing records.
United States · Foreign owners · Corporations
What a foreign-owned US C corporation should send for Form 1120 and Form 5472, what raises the preparation scope, and what to confirm in a quote.
United States · Foreign owners · Corporations
When a non-resident or foreign company owes US tax on business income: US trade or business, where work is done, treaties, and how the entity changes it.
United States · Foreign owners · Self-employed · Partnerships · Corporations
What US employers should file after missed payroll deposits or returns, how to check an IRS penalty, and when someone can face personal liability.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
Learn when regular US workers belong on payroll, what cash or transfer payments change, and how to review past employment tax filings and relief options.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
Which state gets payroll withholding and unemployment tax when an employee works remotely or across state lines, and when an employer must register.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
When a US business can deduct a child's wages, which family payroll tax exceptions apply, and what records, filings, and labor rules matter.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
How a US business files late contractor 1099s or employee W-2s, responds to Notice 972CG, and requests information-return penalty relief.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
For US businesses paying foreign contractors: when to collect a W-8, skip Form 1099-NEC, withhold US tax, or file Forms 1042 and 1042-S.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
How single- and multi-member LLC owners take draws, distributions, or guaranteed payments, and how profit and self-employment tax are reported.
United States · Owner pay and payroll · Self-employed · Partnerships
See when an S corporation owner pays personal estimates, uses extra wage withholding, or must make a separate company or state payment.
United States · Owner pay and payroll · Corporations · Individuals
How a working S corporation owner sets reasonable W-2 pay, handles payroll, and corrects years when the corporation paid only distributions.
United States · Owner pay and payroll · Corporations
A first-paycheck checklist for US employers: tax accounts, hiring forms, withholding, deposits, returns, and owner payroll rules.
United States · Owner pay and payroll · Self-employed · Partnerships · Corporations
How a US resident can correct missed FBARs and Forms 8938, 3520 or 5471, choose the right IRS procedure, and address penalty notices.
United States · Personal tax · Individuals
Find which past US individual returns are due, get missing records, handle IRS notices, check refund deadlines, and estimate tax and penalties.
United States · Personal tax · Individuals · Self-employed
Learn when renouncing US citizenship or surrendering a long-held green card triggers exit tax, and which returns and notices you must file.
United States · Personal tax · Individuals
How visa holders correct a Form 1040 filed instead of Form 1040-NR, review credits, and recover Social Security and Medicare tax withheld in error.
United States · Personal tax · Individuals · Self-employed
When US citizens and green card holders abroad must file, how foreign pay is taxed, and when exclusions, credits, housing and self-employment rules apply.
United States · Personal tax · Individuals · Self-employed
How a new US tax resident finds the residency start date, splits a dual-status return, and handles foreign income, accounts, and property.
United States · Personal tax · Individuals
Who must report foreign bank accounts and assets to the US: FBAR and Form 8938 thresholds, what counts, where to file, due dates and penalties.
United States · Personal tax · Individuals · Self-employed
How US residents report foreign wages, pensions and interest, convert currency, claim a foreign tax credit and check treaty exceptions.
United States · Personal tax · Individuals
How individuals report foreign funds and bank wealth products on a US return, including PFIC status, Form 8621, elections, sales and missed filings.
United States · Personal tax · Individuals
When a US person receives money or property from family abroad, learn when it is taxable, when Form 3520 is required, and what records to keep.
United States · Personal tax · Individuals
US reporting and tax rules for foreign life and savings policies, including FBAR, Form 8938, premiums, withdrawals, and death benefits.
United States · Personal tax · Individuals
For visa holders and green card holders leaving the US: when tax residency ends, which return to file, and what happens to retirement and bank accounts.
United States · Personal tax · Individuals
When a US citizen or resident can file jointly with a spouse abroad, and how joint or separate filing changes tax and reporting.
United States · Personal tax · Individuals
How US citizens and residents report rent and home sales abroad, convert currency, depreciate rentals, and handle foreign tax.
United States · Personal tax · Individuals
US rental tax rules for individual landlords: income, expenses, depreciation, rental losses, short stays, personal use, and sales.
United States · Personal tax · Individuals
What to check when a citizenship or green card sponsorship case involves missing US returns, tax debt, nonresident filing, or foreign income.
United States · Personal tax · Individuals
How a US resident reports wages from a foreign employer, handles foreign withholding, and checks payroll and social security coverage.
United States · Personal tax · Individuals
How a US seller can correct missed state sales tax collection, check voluntary disclosure, handle marketplace sales, and prepare the records needed to file.
United States · Sales tax · Self-employed · Partnerships · Corporations
How registered US sellers find filing deadlines, report direct and marketplace sales, file zero or late returns, and close sales tax permits.
United States · Sales tax · Self-employed · Partnerships · Corporations
When Canadian and other foreign businesses must collect US state sales tax, how marketplace sales count, and whether they need US identification or a company.
United States · Sales tax · Self-employed · Partnerships · Corporations
Learn when physical presence or sales into a state require sales tax collection, how economic nexus works, and what to check before registering.
United States · Sales tax · Self-employed · Partnerships · Corporations
A new US LLC or corporation needs its state record checked, an EIN when required, owner records, state follow-up filings, and tax accounts before activity starts.
United States · Starting a business · Self-employed · Partnerships · Corporations
When an LLC or corporation formed elsewhere must register in a US state, how to apply, and what to check if registration is late.
United States · Starting a business · Self-employed · Partnerships · Corporations
How two LLC members can divide capital, future profits, cash, and control when one contributes money and the other contributes work.
United States · Starting a business · Partnerships · Corporations
How an F-1, H-1B or H-4 visa holder's US tax residency, number of LLC owners and tax elections determine federal filing for a business or rental.
United States · Starting a business · Individuals · Self-employed · Partnerships · Corporations
Compare your home state, Delaware and Wyoming for an LLC or corporation, including extra registrations, annual costs, tax and privacy.
United States · Starting a business · Self-employed · Partnerships · Corporations
How Canadian owners record personal-card business costs, get repaid, handle GST/HST, and separate corporate and self-employed home office costs.
Canada · Bookkeeping · Self-employed · Partnerships · Corporations
How Canadian businesses rebuild overdue books, check missing receipts and tax balances, and prepare records for a T2125, partnership report or T2.
Canada · Bookkeeping · Self-employed · Partnerships · Corporations
When Canadian sole proprietors, partnerships and corporations can keep their own books, what records the CRA needs, and when to get help.
Canada · Bookkeeping · Self-employed · Partnerships · Corporations
How Canadian corporation owners can document dividend income for a mortgage, get CRA income records, and handle a new company or recent salary switch.
Canada · Bookkeeping · Corporations · Self-employed
How Canadian sellers record US-dollar sales, marketplace fees, refunds, held funds and exchange differences, then report them on a T2125 or T2.
Canada · Bookkeeping · Self-employed · Partnerships · Corporations
What a small Canadian corporation needs for its T2: statements, GIFI codes, accountant reports, audit waivers, first-year rules and record retention.
Canada · Bookkeeping · Corporations
How a Canadian holding company receives dividends, how corporate investments affect the small business limit, and when a rental needs separate review.
Canada · Business structure · Corporations
How Canadian sole proprietors and partners transfer business assets to a corporation, use a section 85 election, and handle receivables, GST/HST and filings.
Canada · Business structure · Self-employed · Partnerships · Corporations
How two Canadian business owners choose between separate sole proprietorships, a partnership and a corporation, and report their income.
Canada · Business structure · Self-employed · Partnerships · Corporations
When Canadian doctors, dentists, lawyers, realtors and other licensed professionals can incorporate, who may own shares, and what changes for liability and tax.
Canada · Business structure · Self-employed · Corporations
Compare a Canadian sole proprietorship with a corporation, including tax deferral, costs, losses, liability, and the factors behind the income decision.
Canada · Business structure · Self-employed · Corporations
Can a Canadian sole proprietor or corporation add a second business? Compare names, GST/HST accounts, tax returns, shared limits, and later transfers.
Canada · Business structure · Self-employed · Corporations
How a Canadian corporation adds or buys out an owner, when share transfers create gains or dividends, and when control changes its tax filings.
Canada · Business tax · Corporations · Partnerships
When a Canadian business loss can reduce other income, how individuals and corporations carry unused losses, and what proof the CRA may ask for.
Canada · Business tax · Self-employed · Partnerships · Corporations
How a Canadian corporation catches up on missing T2, GST/HST and payroll filings, including CRA demands, frozen accounts, records and director risk.
Canada · Business tax · Corporations
How a Canadian corporation chooses its first tax year-end, when CRA approval is needed to change it, and what a short year does to T2 and GST/HST periods.
Canada · Business tax · Corporations
How to prepare and file a Canadian corporation's T2 return, including deadlines, electronic filing, GIFI, nil returns, and provincial filings.
Canada · Business tax · Corporations
When Canadian residents, businesses and partnerships must file T1135, T1134, T1141, T1142 or T106, what triggers each form, due dates and penalties.
Canada · Business tax · Individuals · Self-employed · Partnerships · Corporations
See how Canadian corporate tax rates depend on CCPC status, active or investment income, province, and dividends paid to owners.
Canada · Business tax · Corporations
How Canadian sole proprietors report profit, pay CPP or QPP, plan for income tax and instalments, and handle platform income and T4A slips.
Canada · Business tax · Self-employed
Find out when work in another province changes corporate income tax, registration and payroll, and why incorporation location alone does not decide tax.
Canada · Business tax · Corporations · Self-employed · Partnerships
When Canada taxes profit and dividends from a company you own abroad, how foreign-affiliate rules and T1134 may apply, and what changes for family ownership.
Canada · Business tax · Individuals · Corporations
How CRA penalties and interest work for personal tax, corporate tax, GST/HST and payroll, and when you can ask to have charges cancelled.
Canada · Business tax · Individuals · Self-employed · Partnerships · Corporations
Learn when a Canadian contractor corporation is a personal services business, how the CRA tests the relationship, and what tax and deductions apply.
Canada · Business tax · Corporations
How to respond to a CRA review or audit letter, gather records, meet deadlines, dispute changes, and assess voluntary disclosure after contact.
Canada · Business tax · Individuals · Self-employed · Partnerships · Corporations
Compare tax on a Canadian corporation's share sale and asset sale, including the capital gains exemption, asset allocation, GST/HST and deferred payments.
Canada · Business tax · Corporations · Individuals
How a Canadian business changes accountants, transfers tax records, updates CRA access, and checks open filings, balances, and remittances.
Canada · Business tax · Self-employed · Partnerships · Corporations
How a Canadian private corporation owner's shares are taxed at death, what the estate and corporation file, and when an estate loss may reduce double tax.
Canada · Business tax · Corporations · Individuals
See which income, sales tax, payroll and information returns Canadian sole proprietors, partnerships and corporations file, including years with no sales.
Canada · Business tax · Self-employed · Partnerships · Corporations
A practical order for winding up a solvent Canadian corporation, distributing cash or property, filing final returns and closing tax accounts.
Canada · Compliance and closing · Corporations
How to check a dissolved corporation's status, decide whether to revive it, recover property or a CRA refund, and address missing tax returns.
Canada · Compliance and closing · Corporations
Compare a company car with personal ownership, including Canadian deductions, taxable benefits, kilometre allowances and GST/HST.
Canada · Deductions and credits · Corporations · Self-employed
How Canadian businesses and landlords claim CCA on equipment, vehicles and buildings, including first-year deductions and sale rules.
Canada · Deductions and credits · Individuals · Self-employed · Partnerships · Corporations
How a non-resident individual handles Canadian rental withholding, Form NR6, a section 216 return, rental expenses, refunds and missed years.
Canada · Foreign owners · Individuals
When an owner moves abroad, how to test a Canadian corporation's residence and CCPC status, withhold on dividends, and report payments to the owner.
Canada · Foreign owners · Corporations
What non-resident individual sellers file with the CRA, how the buyer's holdback differs from certificate payment, and how to recover excess tax.
Canada · Foreign owners · Individuals
How a Canadian corporation declares and pays an owner dividend, records monthly payments, and files the owner's T5 and Quebec RL-3 slips.
Canada · Owner pay and payroll · Corporations
When a Canadian corporation's dividend goes on your T5 and personal return, and what declaring or paying it after year-end changes.
Canada · Owner pay and payroll · Corporations
Left a job to contract through a Canadian corporation? Plan salary, dividends, tax reserves and instalments before your first personal tax bill.
Canada · Owner pay and payroll · Corporations
Can a Canadian corporation buy a home for its owner or family? Learn how shareholder benefits, deductions, transfer taxes and a later sale work.
Canada · Owner pay and payroll · Corporations
The tax-free dividend amount for a Canadian corporation owner depends on dividend type, province, salary, and family-shareholder rules.
Canada · Owner pay and payroll · Corporations · Individuals
Choose how much to withdraw from a Canadian corporation, when to leave profits inside, and how personal brackets and passive income change the answer.
Canada · Owner pay and payroll · Corporations
When a Canadian business can deduct family wages, how payroll applies, and when tax on split income affects dividends to a spouse or child.
Canada · Owner pay and payroll · Self-employed · Partnerships · Corporations
What Canadian employers should do when the CRA examines payroll, reclassifies a contractor, or sends a PIER or PD4R notice, including liability and appeals.
Canada · Owner pay and payroll · Self-employed · Partnerships · Corporations
When Canadian businesses report freelancer and subcontractor payments on T4A, T5018 or T4A-NR slips, and how to catch up on missed returns.
Canada · Owner pay and payroll · Self-employed · Partnerships · Corporations
How Canadian employers classify workers, calculate payroll deductions, remit to the CRA, file T4s, and handle Quebec and provincial rules.
Canada · Owner pay and payroll · Self-employed · Partnerships · Corporations
Find the salary a Canadian corporate owner needs for maximum new RRSP room or CPP, the employer cost, and the timing and Quebec rules.
Canada · Owner pay and payroll · Corporations
Salary or dividends from a Canadian corporation: total tax, CPP, RRSP room and instalments for owners, with a BC worked example.
Canada · Owner pay and payroll · Corporations
Find out when money taken from a Canadian corporation is a taxable shareholder loan, how the one-year rule works, and how to clear the balance.
Canada · Owner pay and payroll · Corporations
Estimate personal tax on dividends from your Canadian corporation by province, and choose a sensible amount to set aside from each payment.
Canada · Owner pay and payroll · Corporations · Individuals
How Canadian tax residence works when your home, family, work or time spans countries, including the 183-day rule and treaty tie-breakers.
Canada · Personal tax · Individuals
How to file missed Canadian personal tax returns, find old slips, handle CRA demands, and check whether refunds, benefits or GST/HST returns are at stake.
Canada · Personal tax · Individuals · Self-employed
Learn what to report on your first Canadian return after moving: arrival date, foreign income and property, credits, benefits, and filing.
Canada · Personal tax · Individuals
How Canadian residents report foreign wages, investments and pensions, convert currencies, and claim foreign tax credits without assuming every tax is recoverable.
Canada · Personal tax · Individuals · Self-employed
What Canadian residents should send when the CRA reviews or denies a foreign tax credit, including US tax proof, translations and objection deadlines.
Canada · Personal tax · Individuals · Self-employed
How Canadian tax residency ends, which assets face departure tax, what forms and returns emigrants file, and how Canadian income is taxed afterward.
Canada · Personal tax · Individuals
When a non-resident with Canadian pension or RRSP income can elect under section 217, claim withheld tax, and file a separate OAS return.
Canada · Personal tax · Individuals
Why dividends from your Canadian corporation can leave a large personal tax bill, and what to do if you cannot pay the CRA by April 30.
Canada · Personal tax · Individuals · Corporations
When a Canadian home, condo or cottage sale qualifies for the principal residence exemption, how to choose designation years and report the sale.
Canada · Personal tax · Individuals
When a Canadian home sale or presale assignment is business income, how the federal flipping rule works, and when BC adds a separate tax.
Canada · Personal tax · Individuals · Self-employed
Learn how a Canadian resident reports rent or a sale of property abroad, converts amounts to Canadian dollars, and claims relief for foreign tax.
Canada · Personal tax · Individuals
Where Canadian residents report pay from employers or clients abroad, when foreign tax can be credited, and how payroll, CPP, EI and instalments apply.
Canada · Personal tax · Individuals · Self-employed
How Canadian residents report rental income, deduct property costs, split shared-home expenses and co-owned rent, and handle losses and short-term stays.
Canada · Personal tax · Individuals
For Canadian residents selling a rental property: calculate the gain, building CCA recapture or terminal loss, land allocation, reserves and return forms.
Canada · Personal tax · Individuals
When a CRA instalment reminder requires payment, how to choose an amount, and what to do after missing September 15, including Quebec rules.
Canada · Personal tax · Individuals · Self-employed · Corporations
What an executor files when a parent dies owning a home or rental in Canada, who reports the gains and rent, and when to request tax clearance.
Canada · Personal tax · Individuals
How to calculate TFSA excess and non-resident contribution tax, correct the account, file Form RC243, and request CRA relief or object.
Canada · Personal tax · Individuals
Canadian tax rules when you gift a home or rental to a child or spouse, sell below market value, or add a family member to the title.
Canada · Personal tax · Individuals
Canadian tax rules when you rent out your home or move into a rental: deemed sales, principal residence elections, CCA, reporting, and records.
Canada · Personal tax · Individuals
How individuals and self-employed people can correct unreported income or foreign property on a filed Canadian return, including CRA voluntary disclosure.
Canada · Personal tax · Individuals · Self-employed
Learn when you can file your own Canadian personal tax return, when professional judgment helps, and what to prepare if you use an accountant.
Canada · Personal tax · Individuals · Self-employed
How a Canadian business corrects an out-of-province GST/HST invoice, refunds excess tax, collects a shortfall, and adjusts filed returns.
Canada · Sales tax · Self-employed · Partnerships · Corporations
When a Canadian business charges GST/HST on goods or services sold to US customers, what proves an export, and when input tax credits still apply.
Canada · Sales tax · Corporations · Self-employed
Find out when Québec clients or a remote worker trigger QST, Québec payroll deductions, or enterprise registration for an out-of-province business.
Canada · Sales tax · Self-employed · Partnerships · Corporations
How Canadian businesses file GST/HST returns, report sales and tax, support input tax credits, and meet filing and payment deadlines.
Canada · Sales tax · Self-employed · Partnerships · Corporations
Learn when Canadian commercial property sales and rent attract GST/HST, when buyers self-assess, and how mixed-use buildings affect credits.
Canada · Sales tax · Individuals · Partnerships · Corporations
When Canadian home buyers, landlords and sellers pay GST/HST, qualify for housing rebates, or must account for tax on an assignment or rental property.
Canada · Sales tax · Individuals · Corporations
What to send when the CRA reviews a GST/HST refund, input tax credits or rental rebate, and how return reviews differ from audits.
Canada · Sales tax · Individuals · Self-employed · Partnerships · Corporations
When a US or other non-Canadian business must register for GST/HST, normal or simplified, which rate applies, and Quebec, BC, Saskatchewan and Manitoba rules.
Canada · Sales tax · Self-employed · Partnerships · Corporations
Find out when a Canadian business must register for provincial sales tax in BC, Saskatchewan or Manitoba, and when QST or HST applies instead.
Canada · Sales tax · Self-employed · Partnerships · Corporations
When Canadian businesses must register for GST/HST, which sales count, when to start charging, and how to correct a missed registration.
Canada · Sales tax · Self-employed · Partnerships · Corporations
Which CRA business number, corporate tax, GST/HST and payroll accounts a new Canadian corporation needs, and how to correct registration or access errors.
Canada · Starting a business · Corporations
Compare shares, assets and partnership interests when buying a Canadian business, then check the price allocation, GST/HST election and CRA accounts.
Canada · Starting a business · Self-employed · Partnerships · Corporations
Can a newcomer or non-resident incorporate in Canada, serve as sole director, and claim the small business rate? Federal, Ontario, and BC rules explained.
Canada · Starting a business · Corporations · Self-employed
Compare direct US sales, a branch, a US corporation and an LLC for a Canadian corporation, including tax, annual filings and moving an existing business.
Canada and the US · Business structure · Corporations
Compare personal, joint, LLC and corporate ownership of US property for a Canadian resident, including income tax, estate tax and later transfers.
Canada and the US · Business structure · Individuals · Corporations
When a Canadian corporation needs state authority, what Canadian documents to gather, and what happens if it operates without registering.
Canada and the US · Business structure · Corporations
Compare a Canadian branch and subsidiary for a US business: permanent establishment, Canadian and US tax, profit transfers, registrations and returns.
Canada and the US · Business structure · Partnerships · Corporations
Canadian corporation, US C corporation or US LLC for a Canadian resident selling to the US: tax in both countries, yearly filings, getting money out.
Canada and the US · Business structure · Self-employed · Corporations
How US citizens in Canada report a Canadian corporation's retained profits, salary, dividends and investment income to the CRA and IRS.
Canada and the US · Business tax · Individuals · Corporations
When a Canadian corporation selling to US customers must file Form 1120-F, claim treaty protection, give Form W-8BEN-E, and address missed years.
Canada and the US · Business tax · Corporations
When a Canadian founder sells shares in a US C corporation, see when the US can tax the gain, whether section 1202 helps, and what Canada taxes.
Canada and the US · Business tax · Individuals · Corporations
What a Canadian sole proprietor paid by US clients reports in Canada, when US filings arise, and how GST/HST, QST and payer forms work.
Canada and the US · Business tax · Self-employed
What a Canadian owner of a US C corporation files in both countries, and how Canadian management, dividends and foreign-affiliate rules affect tax.
Canada and the US · Business tax · Corporations · Individuals
What a Canadian resident who owns a single-member US LLC files with the IRS and the CRA, why each country sees the LLC differently, and where double tax arises.
Canada and the US · Business tax · Self-employed · Corporations
Why a Canadian partner receives a K-1 and Form 8805, how to claim US withholding, and when an LLC interest produces different Canadian filings.
Canada and the US · Business tax · Individuals · Partnerships · Corporations
How a Canadian corporation claims US federal, state, and withheld income tax on its T2, including credit limits, carryovers, and refunds of excess withholding.
Canada and the US · Business tax · Corporations
Missed Form 1120-F filings? Learn when a Canadian corporation can still protect US deductions, disclose a treaty claim, and catch up by year.
Canada and the US · Business tax · Corporations
Compare keeping, paying out, or closing a Canadian or US company when its owner moves across the border, including departure tax and later filings.
Canada and the US · Business tax · Individuals · Self-employed · Corporations
How related Canadian and US corporations price services, software and goods, document their charges, report transactions and handle withholding.
Canada and the US · Business tax · Corporations
How Canadian sellers handle US import duties, broker fees, T2 costs, importer status, US income tax and GST/HST on parcels shipped to customers.
Canada and the US · Business tax · Corporations · Self-employed
A Canadian corporation can hold a US bank account without a US company. Learn when the account affects T1135, US returns, FBAR and exchange gains.
Canada and the US · Business tax · Corporations
A Canadian guide to Form 1042-S, correcting excess US withholding, filing for an IRS refund, and deciding what can count for a Canadian foreign tax credit.
Canada and the US · Business tax · Individuals · Self-employed · Corporations
Line-by-line W-8BEN-E instructions for a Canadian corporation, including FATCA status, business number, treaty claims, W-9 requests and mistaken 1099-NECs.
Canada and the US · Business tax · Corporations
Payroll accounts, deductions and filings when a Canadian business hires a US worker or a US business hires a Canadian worker.
Canada and the US · Owner pay and payroll · Self-employed · Partnerships · Corporations
Which US and Canadian forms, withholding rules, and records apply when a Canadian corporation pays a US contractor or sales agent.
Canada and the US · Owner pay and payroll · Corporations
How Canada taxes salary, dividends, LLC withdrawals, loans and payments through a Canadian company when you own a US business.
Canada and the US · Owner pay and payroll · Self-employed · Corporations
When US assignments make Canadian employees' wages or their corporation's profits taxable, and which payroll and state rules to check.
Canada and the US · Owner pay and payroll · Corporations
When Canadian payers withhold from a US business's service fees, how Regulation 105 waivers work, and what the business must file afterward.
Canada and the US · Owner pay and payroll · Self-employed · Partnerships · Corporations
What US citizens and green card holders living in Canada file each year: both returns, how double tax is avoided, due dates and the reporting forms.
Canada and the US · Personal tax · Individuals · Self-employed
How US citizens and residents report Canadian RRSPs, RRIFs, TFSAs, FHSAs, RESPs and RDSPs: tax on income inside, FBAR, Form 8938, Form 3520 and PFICs.
Canada and the US · Personal tax · Individuals
For Canadian residents selling personally owned US real estate: closing withholding, the US refund return, Canadian reporting, and foreign tax credits.
Canada and the US · Personal tax · Individuals
What a Canadian resident who owns US rental property directly files in both countries, when US rent is withheld, and how losses and foreign tax credits work.
Canada and the US · Personal tax · Individuals
For US citizens and green card holders in Canada who never filed US returns or FBARs: which IRS procedure fits, what to file, and what it costs.
Canada and the US · Personal tax · Individuals · Self-employed
What to file and decide when moving from Canada to the US: residency dates, departure tax, Canadian accounts, a home, and pensions.
Canada and the US · Personal tax · Individuals
What to file in the year you move from the US to Canada, when Canadian tax begins, and how US status, investments, retirement accounts and a home affect the plan.
Canada and the US · Personal tax · Individuals
What an executor files when a Canadian dies owning US shares or property, how the treaty affects estate tax, and how to request an IRS transfer certificate.
Canada and the US · Personal tax · Individuals
How Canadian snowbirds count US days, and when Form 8840 or the Canada–US tax treaty can keep a winter visitor a US nonresident for income tax.
Canada and the US · Personal tax · Individuals
Where to report RSUs, options, bonuses and final pay after a Canada–US move, how to allocate workdays and recover excess withholding.
Canada and the US · Personal tax · Individuals
How Canada may tax a US HSA or 529 plan after a move, which withdrawals qualify under US rules, and what to check before keeping or cashing out.
Canada and the US · Personal tax · Individuals
How Canada and the US tax 401(k), traditional IRA and Roth IRA accounts when you live in Canada, including withdrawals, withholding and RRSP transfers.
Canada and the US · Personal tax · Individuals
When you can file US and Canadian personal tax returns yourself, when the two returns need joint planning, and what to check before hiring help.
Canada and the US · Personal tax · Individuals · Self-employed
How a Canadian resident's pay from a US employer is taxed when working remotely or commuting, with the returns, payroll rules and credits to check.
Canada and the US · Personal tax · Individuals
How US warehouse stock affects sales tax, state business taxes, treaty protection and Canadian tax credits for Canadian sellers.
Canada and the US · Sales tax · Self-employed · Corporations
When a Canadian corporation selling SaaS or software to US customers must register, collect state sales tax, and handle users in several states.
Canada and the US · Sales tax · Corporations
Canadian tax accounts, import GST, and income tax filing for US sellers who store goods in Canada or use a Canadian supplier or warehouse.
Canada and the US · Sales tax · Self-employed · Partnerships · Corporations
Not sure which rules apply?