The IRS may treat your LLC as a disregarded entity. The CRA treats every foreign-owned LLC as a corporation under subsection 95(1). That one mismatch decides how the income is characterised, which forms you file on both sides, and whether your foreign tax credit actually lands.

What a Canadian surety actually wants to see: a compilation engagement under CSRS 4200 with a basis of accounting note and a restricted use notice, plus the holdback, work-in-progress, aging and backlog schedules that make working capital, net worth and the debt-to-equity ratio credible.

Security company taxes in Canada: when monitoring revenue is earned, whether installed client-site equipment is an asset or a sale, and whether the guard is staff or a subcontractor. Plus T2 deadlines, GST/HST place of supply, capital cost allowance classes, CRA audits and the General Anti-Avoidance Rule.

Closing a corporation in Canada runs in a fixed order: approvals, articles of dissolution, a final T2 marked as final, payroll and GST/HST accounts settled and closed, a CRA clearance certificate, and only then the distribution. What each step involves and what happens if you get the order wrong.

$3,500 is the CPP basic exemption, not a filing threshold. A gift card and a prepaid package are taxed on different days. RC4110 is the worker status guide, not RC4022. What Canadian lash and brow studios actually owe, and when.

The GST/HST tax point is subsection 168(1), not section 165. The $30,000 threshold is section 148 and the billing agent election is 177(1.1). Licences bought for resale are inventory under 10(1), not a CCA class. And sales to schools and hospitals are taxable, with the buyer claiming a section 259 rebate.

A denturist’s supplies are zero-rated, not exempt — denturists are not on the practitioner list in Part II of Schedule V, so a denture clinic claims its input tax credits in full and never apportions. That one distinction decides whether you recover every dollar of GST/HST you pay or none of it.

Servers and switches are written off in full, the half-year rule does not apply, and NETFILE is for individuals. What Canadian cloud and hosting providers can actually deduct, with the Bill C-15 first-year rules set out in full.