Serbinski Accounting Firms

I dont think my line of work qualifies as a contractor. The US regulations are very strict on the definition.
what are the costs/legalities associated with setting up a canadian payroll?

This is probably impossible, but what if I stay as employee and cover the EI and CPP myself? (including company's contributions), do they still need a canadian payroll?

Or again, just drive across the canadian border for work....

I am an employee. But if I switch to independent contractor, I wouldn't need to pay EI, correct?
The other two solutions would be to put on a canadian payroll (but how? They are not in canada nor do they conduct business here. Would this cost them a lot?)
Or, to drive 3-4times a week to US border ...

Thanks for your reply.
I applied for a re-entry permit and got "permission" to be away from the US for 2 years. I am also maintaining significant ties and a residence in the US. According to USCIS as long as I don't show intent to renounce my green card and return in due time while paying my taxes I ...

Thanks for your insight!
So what happens now with all the wages I have earned so far and the taxes I have paid to the US? I WANT to be paying US Social security, not CPP, as I fully intend to move back and retire in the US. I also worry that being a contractor may be an issue as a green card holder ...

Hmm I doubt they can do a Cdn payroll. They are US based and have no clients in Canada. All my clients are in the US.
Switching from W2 to contractor will probably be a huge deal for them...
I am required to travel to the US, but not a weekly basis, more on a "seasonal" basis.... hmmmm

Dear nelsona,
So upon reading a bit more I became aware of the "source of income" issue.
I am a full time exempt employee for a US based company. I get paid in the US (US bank account, etc). I do 90% of my work from home (Canada), but all my employment information is based on my US residence. I also ...

Yeah, I have been reading some and I'm super overwhelmed!
So does this mean that I will most likely have to end up paying a tax in Canada? Is it pretty much them seeing how many taxes I paid in the US vs how many I would pay in Canada for the same income and then I pay the difference after tax ...

By the way, do I need to file for Canadian taxes as well? Do I qualify for anything similar to the 1116/2555 in Canada so as to not get double taxed?
Thanks!

Sorry about the quote! I noticed it when I posted the reply.

Not really. I haven't even been told to switch at all, and I still have my US residence, job, bills, and plenty of ties in the US as to not get my GC revoked on that end. The only reason was because I was afraid that filing for an ...

[quote="nelsona"]

1. What income would you be considering eligible for 2555?
Only my husband's. My income is 100% US based.

2. Of course. Almost all US citizens use 2555 while living abroad. No eefct on you.
3. Does your son have healthcare? In any event, foreign residents are absolved of that ...

Hello!
1- Can a commuter green card (GC) holder file form 2555 without fear of having their GC revoked? I currently have a re-entry permit and I am considering applying for a commuter GC just to easy our tax situation (I have a US job with seasonal commuting)

2- Also, can my husband, a US citizen ...