Tag: Accounting Services

Expat Filing Requirements | SDG Accountant

As of 2016, there were roughly nine million Americans living in foreign countries. These were individuals pursuing professional careers or personal objectives in areas far outside the nation’s borders. And... Read More

Foreign Earned Income Exclusion (FEIE) is explained in section 911 of the 26th title of the official United States Code. Although some legalese and specialized accounting terms may be tough... Read More

As one of the most complex tax situations that you could find yourself in, figuring out the way to report earnings as a non-resident alien of the United States can... Read More

FBAR stands for Report of Foreign Bank and Financial Accounts. It is a filing requirement for certain U.S. persons that meet two specific criterions. The first one is that they... Read More

Form 1116 foreign tax credit is a non-refundable credit based on the tax payable to foreign countries. Consider, for instance, a U.S. citizen abroad who never filed a tax return.... Read More

The Prime Minister, Justin Trudeau, announced that the federal government has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA)... Read More

As forward-thinking and beneficial as FATCA is, there are certainly some downsides to it. The first one is the fact that the IRS streamlined filing compliance procedures that it carries... Read More

Form 5471 and Corresponding Schedules

Form 5471 is an “Information Return of U.S. Persons with Respect to Certain Foreign Corporations.” In translation, it is a form that some taxpayers use to report the activities of... Read More

SDG Accountant is your trusted partner to provide your business with digital, virtual and cloud accounting and bookkeeping services. We have a thorough systematic process for onboarding our remote bookkeeping... Read More

Millions of Canadians were forced to work from home during the 2020 tax year and opted to use their bedrooms, kitchens, and living rooms to work remotely for their employers.... Read More