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I believe that the solution for you is to simply not incorporate as a business. Be an independent consultant and file taxes as you normally would (as an individual) rather than as a business. You won't get certain potential tax benefits that you'd get from filing as a business, but you avoid...

In another thread, someone is using remote.com as their PEO. This isn't an endorsement.

You don't want to be a W2 US employee while residing in Canada, and it may well be illegal. At best, you should pay the required Canadian taxes and attempt to "claw-back" taxes paid to the U.S. using the bilateral tax credit.

Jumping in late here. Should be fine if act as a consultant. There are potential issues if you remain an employee of your company in India (e.g., they'd need to adhere to Canadian labor laws, possibly pay Canadian taxes, etc.)

For me, I landed at Vancouver International airport, and at passport control I explained that I was doing a soft PR landing, and they sent me to immigration in the airport. I had the final documents within 2 hours (including giving them my sister's address to mail the PR card). Nothing...

For what it's worth, I was up-front with the immigration official when I first landed. I stated that this was a "soft" landing and that I would be officially moving at a later date. I also told them that given this, I was providing my sister's address to mail the PR card. They didn't raise...

Check out this link for more info about the personal effects list. https://arrivein.com/daily-life-in-canada/how-to-fill-forms-b4-and-b4a-bsf186-and-bsf186a-while-moving-to-canada/

I've been in a similar situation. When I landed with COPR docs, I made it clear to immigration that I was doing a soft landing, and that my move date would be later. I also provided a list of all items that I would be moving at a later date - it's important to provide such a list when you...

I'm not a CPA, so you would be wise to verify, but I suspect that your cost basis is the actual (or implied) cost to you (not necessarily the market stock price) in Canadian dollars at the time you moved to Canada. If you're like most people and conduct the ESPP purchase and sale at the same...

Understood. I recommend the payroll option. You'll essentially be an employee of the company with access to Human Resources and possibly some benefits. If you subcontract, then you're acting as your own company, with a need to make quarterly estimated tax payments, and possibly other...

If it were me, I'd start with something like TurboTax as this doesn't sound like a situation that is too unique/complicated. But be prepared to defer to a CPA if it proves otherwise.

Not too familiar with work permit situations, but why wouldn't you choose the payroll option as that should make it less complicated for you.

Is your employer a Canadian company or foreign (e.g., U.S.)?

I guess it's a question of whether you know how to report her scholarship $ for both her Canadian and U.S. taxes. For the U.S. taxes, she'd take a credit towards such taxes paid to Canada. There are some other matters, such as adjusting the Canadian personal exemption amount by the...

Perhaps you already know, but simply living outside of Canada doesn't automatically make you a non-resident of Canada for tax purposes. Have you looked closely at the following...

I'm not convinced that it works that way - i.e., your assumption that you already paid taxes to the IRS, so the IRS gets to keep it and you'll claim it as a credit on you Canadian taxes. Because you were a PR of Canada during that time, I believe that CRA will expect you to to pay all taxes...

I agree with the above - your best bet is to hire a CPA. That said, for your Canadian taxes you should report your world-wide income (U.S. and Canadian) since the time you moved to Canada as a PR. Ideally, you should not have been a W2 employee at that time, and should be paying into CPP...

Good to know. Here's why I believe that you were not a resident for tax purposes... https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/information-been-moved/determining-your-residency-status.html

Not sure I agree. If this is money earned before you moved to Canada, it seems to me that you don't even need to report such income to Canada.

I suspect that you don't have to file Canadian taxes as you were not a resident. Do you have Permanent Resident status? If so, you might jeopardize that by staying so long outside of Canada. You need to be a resident in Canada for 730 days (2 years) over 5 years too maintain that status...