Branching Out: Tax Implications for Contractors Opening a Branch Office
- May 27
- cware
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A client asked about Branch Offices. Figured I would adapt an email I wrote to a more blog-friendly format: Understanding the Landscape: Setting up
Tip: Self-Employment Tax (US)
- March 29
- cware
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So here’s a quick comment on something that I see often: As a US citizen, you have to declare 100% of your worldwide income. This
Coming Back To Canada? = Cost Base Adjustment
- March 23
- cware
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When a person moves out of Canada and becomes a non-resident, Canada’s Income Tax Act has a rule that comes into play, known as the
Form 8938 Basics
- March 10
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Form 8938 is a form that you might need to fill out if you have certain financial assets located outside of the United States. If
FBARs/FinCEN 114 Crash Course
- February 18
- cware
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FBAR stands for Foreign Bank Account Report, and it’s a form that U.S. taxpayers may need to file if they have certain foreign financial accounts.
“But CRA Said…”
- February 01
- cware
- Uncategorized
So this is a fun one. Well I called CRA and they said… I know this might be a shocker, but CRA is known to