BorderlessWealth CPA

About Us

Home > About Us

Who We Are

BorderlessWealth CPA is a licensed, boutique Chartered Professional Accounting (CPA) firm specializing in Canadian, US, and cross-border tax planning services for entrepreneurs and businesses of the digital economy who are looking to expand internationally as part of the next phase of their growth.

We are a virtual CPA firm licensed to provide tax and accounting services remotely for clients with presence in Canada and in the US (all states).

Our sector focus is in e-commerce (online retailers and service providers), and technology (SaaS, blockchain). Our typical client profile includes such businesses with a high growth mindset and is on the cutting edge of developing new technologies, products, or services.

Just like our clients, we also rely on new technologies and automation to deliver our services virtually. We are constantly looking for ways to improve processes so that the best possible customer experience can be delivered to all of our clients across the world.

Leveraging the technical expertise and vast experiences gained from working in “big four” accounting firms and multinational companies, we are well positioned to provide value-added, creative, and cost-effective tax strategies and accounting solutions for your cross-border business with the objective of minimizing cash tax liability, maximizing profitability, and delivering a positive ROI.

We take a pro-active approach and work with clients throughout the year to plan for the future because we understand the importance of providing timely advice. We take pride in being responsive to client communication and delivering services with technical excellence and acute attention to detail.

SERVICES

Why Choose Us

Cross-Border Tax Planning

Cross-Border Tax Planning is our premier niche service for delivering ROI to Canadian Technology start-ups contemplating setting up US operations, attracting capital from US investors, hiring US-based talent, re-locating IP, issuing equity to cross-border employees, etc. US Technology start-ups contemplating Canadian expansion, hiring Canadian talent, and accessing generous Canadian R&D tax credits. Canadian eCommerce business with growing sales into the US and internationally. Online entrepreneurs, digital nomads, and service-based businesses who are currently operating in a borderless environment.

 

Outsourced Accounting Services

We offer customized monthly fixed fee packages for the following services at a cost less than a part-time employee, but with us as your outsourced accounting and finance department so you can focus your time on the growth of your busines.

People Behind Our Success

Our Team

team2

Tony Piao, CPA, CPA (Illinois)

Founder and Managing Director of BorderlessWealth CPA
  • As the Founder of BorderlessWealth CPA, Tony acts as a strategic advisor to a portfolio of 100 clients, including digital entrepreneurs, tech start-ups, digital services businesses, and e-commerce businesses.
  • Prior to founding BorderlessWealth CPA, Tony was the in-house global tax manager for a $2bn NYSE-listed global asset management company with presence in over 10 countries, including Canada, US, UK, Hong Kong, and Singapore.
  • Tony worked in two of the “big four” accounting firms (PwC LLP and Ernst & Young LLP) for seven years, reaching the role of Manager of International Tax and Transaction Services.
  • Experience highlights:
    ◦ Designed and implemented a US sales and distribution structure for a leading Canadian e-commerce footwear company which is projected to generate $1.5m of cash savings in five years.
    ◦ Led a comprehensive business structure review of a TSX-listed client and identified/implemented $3m of cash saving opportunities; communicated financial reports and findings with C-suite executives/board of directors.
    ◦ Managed the tax structuring and implementation of a $25m “going public” reverse takeover transaction of a start-up in the resource sector by working closely with the client, its investors, stakeholders, and legal counsel.
    ◦ Advised clients on cashflow management and their treasury function (for e.g., structured the sale of a client’s foreign asset and advised on a tax-efficient strategy for the repatriation and redeployment of sale proceeds).
    ◦ Advised on the financial/tax impact of various clients’ international expansion transactions (total deal value of $7bn).
  • Tony is a licensed CPA (BC) and CPA (USA) and obtained the CPA In-Depth Tax Certification (Canada’s premier tax designation). He holds a Bachelor of Commerce from UBC’s Sauder School of Business.
  • Tony enjoys collaborating with businesses in the e-commerce space and is eager to help them add value by structuring their cross-border operations, mitigating risks, and maximizing after-tax cash flow.
team1

Stephen Beard (Qualified UK Accountant)

Senior Associate, Accounting and Tax
  • Stephen is a qualified UK accountant with a background and passion for eCommerce and start-up companies.
  • He was the Financial Director (Head of Finance, reporting directly to the CEO) for one of the UK’s largest online drinks retailers, helping them quadruple their revenue in his four years as a company director.
  • Having been through multiple equity raises Stephen brings a wealth of experience in the areas of financial modeling, budgeting, cash flow forecasting and business strategy. He has worked as a consultant for one of Scotland’s most exciting new distilleries, as well as having experience in transitioning clients to the latest cloud-based accounting technology.
  • Stephen completed his Chartered Management Accountant (CMA) certification under the Chartered Institute of Management Accountants, which is a global professional management accounting body based out of the UK.
  • Stephen’s career is characterized by a cross-disciplinary skill set that has seen him be heavily involved in the practical aspects of ecommerce logistics, robotics, software road mapping, and ERP system design and implementation. This breadth of experience allows him to offer meaningful advice above and beyond producing financial reports and models alone. Having relocated to Canada Stephen initially worked with the multinational company Northland Properties, and now brings his international experience and knowledge to BorderlessWealth CPA.