Canadian Employee working for US Company
Moderator: Mark T Serbinski CA CPA
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- Posts: 1
- Joined: Thu Sep 27, 2007 5:18 pm
Canadian Employee working for US Company
I have an opportunity to work for a US Company. I will be telecommuting from Canada and not travelling to the US. For various reasons, I need to become an employee of the US Company instead of working as a contractor. They are not setup to deal with a Canadian payroll. If they get a business number and payroll account from the CRA, can I handle the deductions and do the remittances to the CRA on their behalf?
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- Posts: 16
- Joined: Thu Apr 19, 2007 9:20 pm
- Location: North America
I'm not sure if this question fits here or not. I plan on moving to Canada and keeping my job in the US. As a dual citizen and Canadian resident I have some questions regarding travel expenses and per diem. It is my understanding that contractors can write off all expenses for travel,parking,hotels,meals etc,etc. Is this true for ONLY contractors or can employees of companies in the US do this as well?
Employees can *sometimes* deduct expenses on their 1040. However, Cdns can't on there Cdn return (certainly not the ones you listed), so you would not benefit from such US deductions, since your Cdn tax burden will be larger.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best