SDG Accountant is your trusted partner to provide your business with digital, virtual and cloud accounting and bookkeeping services. We have a thorough systematic process for onboarding our remote...
Brief Introduction The Government of Ontario has introduced new legislation as of October 01, 2020, bypassing Bill 45, Trust in Real Estate Act, 2020 which will bring in a...
When U.S. persons own shares or have controlling power over foreign corporations, they must file additional tax documents. Form 5471 is a perfect example and one of the most...
Form 14653 certifies an expat’s non-willfulness in case of under-reported income. It is a primary criterion of eligibility for the streamlined foreign offshore procedure. After the passage of the...
Streamlined filing compliance procedures help expats stay in compliance after making non-willful mistakes. Key concepts include timelines and proactiveness. When it comes to taxing people living abroad, the government...
The IRS offers a way for expats to avoid paying two levels of tax on the same income. Provisions that enable this are the foreign tax credit and certain...
Expats who have foreign financial accounts may need to look into FBAR requirements. If they meet the eligibility criteria, they must file an annual informational return. Failing to do...
It is a harsh reality that the impact of COVID-19 on small businesses is devasting. The small business owners due to the shortage of cash flow have been forced...
Canada is the land of multiculturalism, immigrants, and one of the most inclusive countries in the world. To greener pastures, as they say, welcome to Canada! Therefore, we decided...
If you are a U.S. national who is residing outside of the country, you may find yourself facing a tricky situation surrounding the taxes on your earnings. As per...