Non-US 100% owners of US LLC’s Beware

Popularity of LLC’s in the U.S. In recent years, it is has become increasingly convenient for online entrepreneurs who are non-U.S. citizens or residents to form a U.S. limited liability company (“LLC”) virtually through popular platforms such as Stripe Atlas and StartPack.  The formation of the LLC provides for the foreign entrepreneur the ability to […]

How Tax Planning Can Increase Your Cross-Border E-Commerce Sales Margin By 2.8%

Growth of Cross-Border e-Commerce With the digitization of the global economy, cross-border buying and selling has never been easier.  According to BigCommerce, online merchants who sell to international consumers can boost sales by up to 15%.  Furthermore, a study by SimilarWeb has shown that international e-commerce web traffic grew 33% year-on-year in 2020, which is […]

3 Reasons to Hire a US and Canada Cross-Border Tax Accountant

Cross-border businesses and their owners often find taxation to be one of the most frustrating and complex aspects of doing business especially with the growth and prevalence of internet-based cross-border buying, selling, and remote collaboration in the digital economy. This new age business model has led to the growth of “mini-multinationals” where, as an example, […]