Self employed working for Canadian Co in USA - international non-resident cross border income tax help estate family trust assis

Subject:        US Federal Income Tax
Expert:         taxman at centa.com
Date:           Saturday January 27, 2007
Time:           12:54 PM -0500
QUESTION:
Good morning,
I would appreciate your advice - We are US citizens and my husband works for
a company in Canada.  The owner does not take out Income Taxes.  He bean
this job in May 2006.  Up until that time he has always worked for a corp.
in the US.  We were advised to go self-employed, however, it is not working
out right because the owner pays all hte expenses, decides the jobs, provide
the equip., etc. as a typical employer would do for their employee, other
than the deducting of taxes.  Filing as self-employed as advised isn't
working because we really have no ligitimate tax deductions.  The company
also reimburses us for our health costs.  It is a gret job and is also
furnished with a company turck.  My husband did do one job under our company
name for a company here in the US that he used to work for.    We will be
receiving a W4 from his previous company, and a statement from the company
who contracted with him for a job.  However, Canada company is not doing an
I9.  Can you help me with some advice as to how to proceed.  CPA wants to do
self-employed, but most information about health insurance, etc. would not
be accurate and I do not feel comfortable with this at all.  Thank you for
your help.  Sincerely,
--------------------------------------------------------
david ingram replies:
I do not know the overall circumstances but there is nothing lost by going
self-employed for you.  Your husband has to pay both halves of Social
Security but it sounds like that has been dealt with in the contract.
You may not have expenses because they are all being paid but I assure you
that it is better to have 100% of the expenses paid for you then it is for
you to pay the expenses and only get 30% or so back as a tax refund.  i.e.
you are 70% ahead of the game.
I have 100 or so Canadians working for American companies in Canada doing
exactly the same thing and I am sure there are a dozen Americans working in
the US for Canadian companies that we do returns for.
---------------------------------------------
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Disclaimer:  This question has been answered without detailed information or
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