How do you use the wage subsidy in Canada? {Updated March 23, 2020 at 9:30pm EST}  We know the wage subsidy is here and we’re able to hold back 10% of gross earnings up to $25,000 (up to $1,375 per person). But HOW exactly do you use this with your Canadian payroll system? Here are some things we’re tracking within the apps:  In-App Calculation = Automatic reduction in the system of federal/provincial taxes according to the guidelines set forth by the Government of Canada.  Company Reporting = A report that shows the calculation by person, by pay period showing YTD totals.  Retro Application ..read more

While the world faces one of the toughest medical crises we’ve seen in our generation, many of us are feeling the economic impact of the measures that need to be taken in order to stop the spread of COVID-19 (coronavirus). As the Canadian government scrambles into action, we may see more details each day which outline the steps that the Canadian government is going to take to help both Canadian individuals and businesses get through the crisis. As new developments unfold, we’ll continue to update this post. You can also view more details on the official site here. Below is a short summary of t ..read more

If you’re a Canadian SaaS or Technology company selling to US customers, you may have heard about economic nexus, essentially a way for state governments to capitalize on foreign businesses selling to customers residing in their state. If you charge Canadian sales tax (GST/HST) to your current customers, you may think that while another sales tax isn’t what you need on your plate right now, it can’t be that difficult… Unfortunately, the US sales tax system is far more complicated than its Canadian counterpart with ever-changing laws, heftier fines for non-compliance and state-specific rules. T ..read more

So you run a Canadian e-commerce business and selling into the US? You’re a Canadian tech company with US customers? Or maybe you’re like any one of the millions of foreign businesses looking to figure out just what you’re supposed to do if you do any kind of business with the US. For years it used to be that if you didn’t have an office or hire employees in the US, then you didn’t have to do much in the way of US tax filings. The Wayfair decision changed all that. Why is the Wayfair decision important? Nexus refers to whether or not you have a presence in a particular tax jurisdiction. The Wa ..read more

If you’re a Canadian business with a customer in the US you may have been asked to fill out a W8-BEN-E form. Before retaining a US tax specialist or planning your getaway from the IRS, there are a few things you should know about the form. When doing business with a foreign entity, certain rules apply on payments. For example, when paying a vendor outside of the country, at times the customer is required to withhold a percentage of the fee and remit it to the tax authorities. For example, suppose a US company requires graphic design services and retains a designer based in Vietnam. If the desi ..read more