US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Posts filed under ‘Consulting’


Consulting in the US – Planning in advance well worth it

Independent consultants in Canada will often incorporate their practice in order to offer some liability protection not otherwise achieved through a sole-proprietorship structure.   From a Canadian income tax perspective, the incorporated consultant will often make the choice between compensating himself by way of salary or receiving dividends from the corporation.  In addition, many year-end corporate accounting and reporting decisions are made relying on Canada Revenue Agency administrative positions. The moment the consulting activity enters the United States (or any other… Read More