The WORST US Company Structure for Canadians (DO NOT DO THIS!)

I personally know Canadians who have been hit with a $25,000 IRS penalty simply because they chose the wrong U.S business structure. If you’re a Canadian Shopify seller, Amazon seller, consultant, service based business with US customers, this video is for you. Diagrams: https://drive.google.com/file/d/1OSvJ... Our Website: https://salaccounting.ca/toronto/cros... ________________________________________ RELATED VIDEOS 1120-F:    • Avoid IRS Penalties: How to File Form 1120...   W-8BEN-E:    • How to Fill W-8BEN-E Form for Canadian Cor...   Management Fee:    • Why Canadians ARE Starting US LLCs in 2026...   US Bank Accounts:    • Top 5 U.S. Bank Accounts for Canadians in ...   5472:    • File Form 5472 for a Canadian-owned US LLC...   ________________________________________ 💬 COMMENT BELOW: What U.S business structure are you currently using and do you think it is beneficial to your business? ________________________________________ NEED EXPERT TAX HELP? Book your FREE consultation with our cross-border tax experts: Contact - https://salaccounting.ca/contact-us/ ________________________________________ LET’S STAY CONNECTED • Subscribe: / @salaccountingcpa • Instagram: / salaccountingcpa • Facebook: https://www.facebook.com/profile.php?... • LinkedIn: / sal-cpa ________________________________________ ABOUT SAL ACCOUNTING SAL Accounting is a Toronto-based firm specializing in cross-border taxation for Canadian entrepreneurs. With 500+ clients and features in The Globe and Mail and Yahoo Finance, we simplify US-Canada tax compliance, accounting, and bookkeeping for LLC owners. • Website: https://salaccounting.ca/ ________________________________________ TIMESTAMPS 0:00 Intro 0:36 Canadian Corporation 5:55 S Corporation 6:38 C Corporation 8:36: LP GP Structure 10:54 My Verdict 11:12 Summary & Outro ________________________________________ DISCLOSURE: I am a CPA and financial advisor, but this video is for informational purposes only and does not constitute legal or financial advice. Consult a qualified attorney or financial professional for personalized guidance.