CAD corp to US corp (1099) question

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lhuang
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Joined: Thu Mar 15, 2007 12:29 pm

CAD corp to US corp (1099) question

Post by lhuang »

Currently, I have only US source income. That means US corporation pays me USD to my canadian corporate account since I am working as contractor in US. I have 3 canadian employees under my corporation. I need to pay CAD salaries my employees, then how much my personal income I need to file for US tax? All the expenses (salary, airflight, office...etc) need to deduct from my US Income, is it correct? Thanks for clarification.
lancehuang
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