Thank you in advance to anyone who can help.
I am a Canadian citizen working/living in Canada. I am starting a business with a colleague who is a US citizen working/living in the US. We want to form a corporation or perhaps an LLC, but need advice on the smartest way to go for our situation. We are also curious as to how specific legal entities will tax each of us since we are both working for the same company but in different countries.
90% of the business is web-based service, while 10% is face-to-face in the US. My partner, the US citizen, will be doing all of the US face-to-face business, while I am managing all of the online services.
Thanks again!
Suggestions/Ideas For My Situation
Moderator: Mark T Serbinski CA CPA