Search found 9 matches

by Fricenaz
Fri Mar 14, 2025 11:03 am
Forum: Canada / United States Tax & Accounting
Topic: Casino Marketing: How Casinos Attract Players and Build Their Brands
Replies: 10
Views: 29435

Re: Casino Marketing: How Casinos Attract Players and Build Their Brands

Casino marketing is exciting because there are so many ways casinos try to attract players. I’ve noticed a significant shift towards online promotions, especially with no-deposit bonuses and free spins that get players to try out games without risk. Loyalty programs are another strong strategy. If a...
by Fricenaz
Fri Aug 16, 2024 7:57 am
Forum: Canada / United States Tax & Accounting
Topic: Vape Pod Systems
Replies: 3
Views: 9270

Re: Vape Pod Systems

I've found POD systems incredibly effective for a quick nicotine fix!! Their convenience and efficiency are rlly unmatched, especially with high nicotine or salt nicotine liquids.
by Fricenaz
Mon Aug 12, 2024 7:35 pm
Forum: Canada / United States Tax & Accounting
Topic: Us citizen selling selling their home with CDN spouse
Replies: 16
Views: 131357

Re: Us citizen selling selling their home with CDN spouse

"For the tricky bits", like “Can I Force My Partner to Sell the House?” really consult a tax pro. They’ll make sure you navigate this with ease, avoiding any house-selling drama.😄
by Fricenaz
Fri Jul 05, 2024 10:38 am
Forum: Business & Personal Immigration to Canada
Topic: Business Tax Question American moving to Canada *web design
Replies: 5
Views: 36565

Re: Business Tax Question American moving to Canada *web design

Hey Nate, I went through a similar situation when I moved from the U.S. to Canada. I kept my business based in the States and continued to file U.S. taxes for it. You'll need to report your worldwide income to the CRA, but the U.S.-Canada tax treaty should help you avoid double taxation. When I move...
by Fricenaz
Fri Jul 05, 2024 10:35 am
Forum: Business & Personal Immigration to Canada
Topic: Import Car from US to Canada - Port of Entry and Tax
Replies: 3
Views: 27628

Re: Import Car from US to Canada - Port of Entry and Tax

I went through something similar when I moved to Alberta. The taxes are based on your final destination, not where you cross the border. I crossed through BC but registered my car in Alberta and only had to pay the 5% GST. Just make sure you have all your paperwork showing you're moving to Alberta. ...
by Fricenaz
Thu Jul 04, 2024 12:07 pm
Forum: Canada / United States Tax & Accounting
Topic: Calculating the amount on like 25600
Replies: 7
Views: 5484

Re: Calculating the amount on like 25600

I've been in a similar situation before. For line 25600, you calculate the amount based on the percentage of your total Canadian income, not just the net income. As for deductions like RRSP and union dues, you can definitely include those for the Canadian portion of your income. That’s what I did, a...
by Fricenaz
Thu Jul 04, 2024 12:04 pm
Forum: Canada / United States Tax & Accounting
Topic: HST credit?
Replies: 2
Views: 2276

Re: HST credit?

Hey! I’ve been in a similar situation before. You’ll report the full amount of your Canadian income on your US taxes, but you can use IRS Form 1116 to claim a credit for the HST you paid. It’s a bit of a process, but it helps prevent double taxation.
by Fricenaz
Thu Jul 04, 2024 5:05 am
Forum: Canada / United States Tax & Accounting
Topic: Moving back to Canada, tax implications
Replies: 3
Views: 4610

Re: Moving back to Canada, tax implications

We'll definitely need to be careful about the depreciation recapture for our Florida rental. Splitting the income 50/50 makes sense, but we'll reach out to a cross-border tax specialist to ensure we're handling everything correctly when we move back to Canada. I recently read an article about Cheap ...
by Fricenaz
Wed Jul 03, 2024 12:32 pm
Forum: Canada / United States Tax & Accounting
Topic: Income tax for Canadian working for US company
Replies: 12
Views: 7249

Re: Income tax for Canadian working for US company

Hey there! I'm also Canadian and I've worked as an independent contractor for a US company. You're right, they won't give you a 1099 since you're not based in the US. You don't need a W-2 either because that's for employees. What you do need is a W-8 BEN-E form to certify that you're a foreign entit...