Venture-backed or self-funded · US and Canada
We keep monthly books for your board, file Form 1120 and Delaware franchise tax, and plan each founder's 83(b), including founders in Canada, Taiwan, mainland China or Hong Kong. New subsidiaries and suppliers too. English, Mandarin or Cantonese. Free 10-minute call.
Monthly financials for your board and investors, Form 1120, Delaware franchise tax, and planning for founder stock, SAFEs and GPU purchases. For GPU clouds and neoclouds, AI chip and AI hardware, liquid cooling, power technology and data center software companies.
A Delaware C corporation run from abroad: Form 5472 when it applies, paying founders who live outside the US, and the US tax on dividends or interest sent to Taiwan.
Each founder's Canadian filings for US shares; paying a co-founder in Canada, and whether the company must then file there; and after a flip, the Canadian T2, the parent's Form 1120 with Form 5471, and the company's status as a Canadian-controlled private corporation (CCPC).
GPU rental, inference, colocation and hosting businesses, including miners moving to GPU hosting, and software firms: choosing a C corporation, S corporation or LLC, and the returns due even with no revenue. Year-end returns only, if that's all you need.
Switchgear, transformer, UPS, cooling, server and cable makers with a parent in Taiwan, mainland China, Hong Kong or Canada: US company setup, monthly books for your parent, the first Form 1120 with Form 5472 or a Canadian T2, and state reports. Mandarin or Cantonese with your parent's finance team.
Manufacturers, distributors, resellers and rack integrators: exemption certificates and direct pay permits from data center buyers, sales tax in new states, GST/HST in Canada, and inventory books. Alongside your current accountant on just the new states or Canada, or taking over.
US electricians and technicians on Canadian data centre sites, and engineers sent from Taiwan, mainland China or Canada to US sites: withholding planned before day one, the 15% a Canadian client holds back, and each worker's US and Canadian returns.
A developer wants to buy, lease or option your land, or a utility wants a power line easement. We work out the tax on each offer before you sign, even if you live across the border.
Your quote lists every company, country, year and form before any work starts.
One filing, such as a Delaware annual report; year-end returns only; or monthly books and payroll too. Quoted after your free call from the companies, countries, years and filings you need. You see the fee before any work starts.
Book a consultationTen minutes by phone. One of our CPAs asks what is happening and when, and tells you what has to be filed.
Every company, country, year and form listed, with the fee, before any work starts.
Upload them to the secure client portal, never by email.
We walk you through each return and file it once you approve.
Bring what you have. Missing records can be part of the conversation.
Short answers here. For your own situation, ask at a consultation.
Book a consultationYes, from pre-seed to Series B, and self-funded startups too: GPU clouds and neoclouds, AI chip and AI hardware makers, liquid cooling and power technology companies, and data center software. We keep the monthly books, file the federal, state, Delaware and Canadian returns, and plan the tax on founder stock, research costs, GPU purchases and new hires, with founders in the US, Canada, Taiwan, mainland China or Hong Kong. If you have a finance lead or an outside CFO, we work alongside them.
It may not be. Delaware's notice uses the authorized shares method: 10,000,000 authorized shares come to $85,165. The other method, assumed par value capital, uses your issued shares and total gross assets. With 9,000,000 of those shares issued at a small par value and $500,000 of assets, it gives the $400 minimum. You pay the lower of the two once your annual report gives those figures. A new round or an equipment loan raises gross assets, so we work out both methods each year and file the report, with its $50 fee, by March 1. Filing late costs $200 plus 1.5% interest a month.
Form 1120 every year, even with no revenue, due April 15 for a calendar year. If one foreign person owns 25% or more, it adds a Form 5472 for each related party it dealt with, such as a founder who lent it money; not filing one on time costs $25,000. Then the Delaware report and franchise tax by March 1, and returns in states where the company does business. Founders living in Canada may also file Form T1134 or T1135 there, and we prepare those too.
Once a non-resident corporation, such as a Delaware parent run from the US, controls your Canadian company, it is no longer a Canadian-controlled private corporation (CCPC). It loses the small business deduction on its first $500,000 of active business income, and the enhanced SR&ED credit: most CCPCs get 35% on up to $6 million of spending, refunded in cash on day-to-day costs, while other companies get 15%, used only against tax they owe. The change can also end its tax year early, adding a T2. Your lawyer makes the change; we work out the tax on both sides first. Then we file the Canadian company's T2 and any T106, the parent's Form 1120 with Form 5471 (missing one costs $10,000 a year) and its Delaware report, and the founders' Canadian returns.
Yes, if they qualify. In the US, servers acquired and placed in service after January 19, 2025 can take 100% bonus depreciation, or Section 179 instead. In a loss year, though, bonus depreciation only grows your net operating loss, which later offsets just 80% of taxable income, and funding rounds that shift more than half the ownership within three years can cap its yearly use. Section 179 can't exceed your business income; the rest carries to next year. Electing out of bonus depreciation spreads the deduction over later years. In Canada, the same servers usually go in capital cost allowance Class 50, at 55%. We plan it with you before year-end.
They can, if the company meets the tests in section 1202. Among them, it must be a US C corporation with gross assets of $75 million or less at all times before and right after the issue, and use at least 80% of its assets in an active business. For stock issued after July 4, 2025, 50% of the gain is excluded after 3 years, 75% after 4 and 100% after 5, up to the greater of $15 million or 10 times basis. Older stock needs more than 5 years, a $50 million asset test and a limit of the greater of $10 million or 10 times basis. We keep the records each share issue needs.
Within 30 days after receiving stock that can still be forfeited, such as founder shares that vest over time. The founder, not the company, mails Form 15620 or a signed statement to the IRS and gives the company a copy. It can't be revoked without IRS consent, and it isn't available for stock options. We plan it with founders, including those in Canada or abroad, before the shares are issued.
It depends on the state and on exactly what you sell. Texas taxes data processing, with 20% of the charge exempt, while New York found one company's cloud computing product nontaxable. Once your sales into a state pass its threshold, you may have to register and collect there with no office: in Texas, past $500,000 of revenue in the last 12 months. In Canada, GST/HST can apply when you sell to Canadian customers. We check each state where your customers are, register where you need to and file the returns.
No. We don't do financial statement audits or reviews, SOC 2 reports, 409A valuations, R&D credit or SR&ED claim studies, cost segregation studies or transfer pricing documentation, and we don't give legal, immigration, customs, export-control, CFIUS, investment or fundraising advice. When you need one of these, the firm you hire does it, and we use its results in your books and returns. We do put the R&D credit from your study on your Form 1120, including the election to use up to $500,000 a year of it against payroll tax. That election is open to a company with under $5 million of gross receipts whose first receipts came within the last five tax years, and only on a return filed on time. When investors or a parent company require an audit, we keep the books and give the auditor the year-end figures and schedules it asks for.
Before the first contract or wire, we help you pick a corporation or LLC and a state, get the EIN and register where you will work. A US corporation files Form 1120, due April 15 for a calendar year, with a Form 5472 for each related party it dealt with if it is 25% foreign-owned. In Texas, the first franchise tax report is due May 15 of the following year. The parent's country matters too: the US has no income tax treaty with Taiwan, so interest and dividends paid to a Taiwan parent are generally withheld at 30%.
Yes. Our CPAs prepare both sides. For a Canadian parent with a US company: the US company's Form 1120 with Form 5472 and state returns, and the parent's T2 and Form T1134, its report on foreign affiliates. For a Delaware parent with a Canadian company, the reverse: the parent's Form 1120 with Form 5471, and the Canadian company's T2 and any T106. We match intercompany balances on both sides.
Not always. Under the Canada–US tax treaty, a Canadian company owes US federal tax on its business profits only through a permanent establishment there, such as an office, an installation project lasting more than 12 months, or services provided in the US for 183 days or more in any 12-month period on the same or a connected project for US customers. US customers may still ask for Form W-8BEN-E, the Form 1120-F instructions call for a protective return when you rely on the treaty, and some states require sales tax registration once your sales there pass a threshold. We check your facts before the first US contract and set up a US company if one makes sense.
Yes, for every filing or only the ones your accountant doesn't cover, such as Canada or Form 5472. Send your last returns, your books and any IRS, CRA or state letters. We check what was filed for each company, country and year, and prepare anything missing. If the IRS hasn't contacted you about a late Form 5472 and isn't examining you, we file it, usually with an amended return, and a statement of reasonable cause. The penalty for not filing one on time is $25,000, and the IRS may assess it before reading that statement, so we can't promise relief.
A CRA payroll account, and a plan for withholding. Your company must withhold Canadian tax on all pay for work in Canada, with no minimum number of days, unless the CRA certifies it as a non-resident employer (Form RC473) for treaty-exempt workers on short stays, or waives withholding worker by worker. Send either request at least 30 days ahead. Certification removes income tax withholding only; CPP and EI may still apply. Tax withheld before approval may come back through each worker's non-resident return.
Before you sign. A sale, a ground lease and an easement are each taxed differently. In the US, land held over a year usually gives a long-term capital gain; an installment sale reports it as payments arrive, and a 1031 exchange into other US business or investment real estate, set up before closing, can defer it. In Canada, a resident selling qualified farm property may use the lifetime capital gains exemption, and a reserve can spread the gain over up to five years when payments come later. If you live in the other country, the buyer may withhold part of the price.
Yes. Our CPAs work in English, Mandarin or Cantonese, on calls and in writing, so founders, a parent's finance team and your US or Canadian staff can each use their own language.
We price by scope: the companies, countries, years and filings you need, from one filing to year-end returns only, or monthly books and payroll too. On the free 10-minute call, one of our CPAs asks what is happening and when, and tells you what has to be filed. You get a quote before any work starts. Payroll and sales tax filings are separate lines on that quote.
Use these for background; they do not replace advice on your situation. Links checked .
