Canadian Consultant Working in Canada but Servicing US Residents

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JimPellerin
Posts: 1
Joined: Sun May 16, 2021 4:43 pm

Canadian Consultant Working in Canada but Servicing US Residents

Post by JimPellerin »

Hi,

I just started a new business. I am a Property Advisory Consultant providing consulting services to businesses and individuals in the US. My company is a Canadian national corporation. What are my tax obligations to each country?

Also, would it make sense to set up an LLC (or some type of entity) in the US and link it to my Canadian corp? What about using trusts, etc. I guess I'm wanting to know if there is a better way to conduct my business from a tax and liability perspective. My consulting fees would average between $50K to $1M if that influences things.

Thanks,

Jim
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