Serbinski Accounting Firms

I want to move US for a few years as it provided better job opportunities on TN visa. But at the same time I also want to purchase a house somewhere in Canada for retirement purposes. If I purchase a house on my name there can be complications with resident vs non-resident thing I believe. Also if I...

I worked for a Canadian employer in past and I am a Canadian resident, because the employer had corporate offices in US they provided me stock options through a US broker. Now that I am trying to exercise the options and sell the shares but they are asking to handover withholding tax and the broker ...

Hi, I am doing a permanent job in Ontario and my marginal tax rate is 43.41%. Now I am planning to start a side business and was wondering if I draw income from that business how much tax would be applied. Because my income bracket already has 43.41% would income generated by my side business be als...

[quote="nelsona"]Just to correct your analysis, dividend income is not tax-free, it is taxed at lower rate due to the dividend tax credit, which could result -- IF ONE HAS NO OTHER INCOME -- in dividend income of 40-50K with no tax. light but important distinction. US residents would have ...

Hi, I have a few questions related to incorpurations in Ontario. -In Ontario 25% of company directors should be canadian residents. In our case if we have 2 canadian residents I can name 6 non residents in articles of incorpuration form. Is this correct? - Directors who are in Canada can get dividen...

[quote="nelsona"]As a contarctor, you are entitled to many expaense regardless if yopu incorporate or not, so that should not be your deciding factor. Liability would be a greater one.[/quote] Thankyou for the reply. Does this mean that with sole proprietor also I can send some part of sal...

I am a Canadian permanent resident and I am negotiating with a company in USA for a remote job. I can work from my home remotely here in Ontario only for them, they plan to pay me by bank cheques every month or bi weekly. Note that I am not a US citizen, I hold a passport from an asian country and h...