Notes from Canadian founders
Practical notes on forming, banking, and taxing a U.S. business from Canada.
- Tax & ComplianceTax & ComplianceMay 1, 2026· 8 min read
CRA vs IRS LLC Mismatch: A Canadian Owner Decision Guide
Canadian residents who own a U.S. LLC face a tax classification mismatch. Four fixes compared (8832 election, Canadian Corp, ULC, do nothing) with decision matrix.
Read more → - Tax & ComplianceTax & ComplianceApr 30, 2026· 6 min read
T1135 Reporting for Canadians Who Own a U.S. LLC
Canadian residents must file T1135 if specified foreign property exceeds $100K CAD. LLC interests count, and forgetting it stacks penalties retroactively.
Read more → - OperationsOperationsApr 28, 2026· 7 min read
Registered Agent vs Virtual Office: Do You Need Both?
A registered agent and virtual office solve different problems. Here's what each one does, where they overlap, and why most LLC owners need both.
Read more → - FinanceFinanceApr 27, 2026· 7 min read
How Much Does It Cost to Keep Your U.S. LLC Active Each Year?
Annual report fees and franchise taxes vary by state. Real costs for Delaware, Wyoming, California, Texas, and what Canadian LLC owners often miss.
Read more → - LegalLegalApr 24, 2026· 7 min read
Do Single-Member LLCs Need an Operating Agreement?
If you run a single-member U.S. LLC as a Canadian, an Operating Agreement is optional in most states but useful everywhere. Why, and what to put in it.
Read more → - BankingBankingApr 23, 2026· 7 min read
When Your U.S. Bank Asks for a Real Physical Address
Bank refused your Registered Agent or P.O. Box and demanded a real address? Here's what works, what fails, and how to fix it without losing the account.
Read more → - BankingBankingApr 23, 2026· 6 min read
Mercury vs Relay vs Wise: Best Bank for a Canadian LLC
Three fintechs cover U.S. banking for Canadian LLC owners in 2026. Here's how Mercury, Relay, and Wise compare, and which one fits your business.
Read more → - FormationFormationApr 22, 2026· 11 min read
Delaware vs Wyoming vs New Mexico for Canadian LLC Owners (2026)
Five-year cost, banking, privacy comparison across three states Canadian founders shortlist. Why Nevada drops off, where New Mexico anonymity is limited.
Read more → - Tax & ComplianceTax & ComplianceApr 22, 2026· 11 min read
Form 5472 + Pro Forma 1120 for Canadian-Owned LLCs
Form 5472: the filing most Canadian SMLLC owners miss until the $25,000 penalty arrives. Reportable transactions, CRA mapping, late-filing relief paths.
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