Looking for accounting/tax/corporate advice on starting a company that "manufactures and sells" in the US
I invented a product, and I want to discover its' viability by way of a kickstarter or indiegogo. I figured it would be easiest if I made it in the US (injection moulding), and did fulfillment there as well since the US is the big market and shipping over the border is insanely expensive.
I am becoming aware that a significant operation with a "business presence" in the US is going to have to at least register with the IRS and maybe create US corporation. But what about a kickstarter raising say $15,000 USD to pay a company to make 1000 units that get blasted out to backers by a fulfillment company and which ultimately delivers it's inventor a $2000 profit if all goes well?
I want to figure out how to "do this small" but still legit enough to scale up without having major headaches if it turns out that people like my product. I don't want the IRS issuing me $10,000 fines for failing to fill out some bit of paperwork. It seems that tax authorities generally want to go easy on small startups but all I see online are warnings about not screwing around when running a "manufacturing business" in the US.
I have found some resources for Canadians doing US Fulfillment By Amazon type businesses, but they are all bringing in their product from China rather than making it onshore.
Can anyone recommend:
- Canadian accounting firms that deal very specifically with my kind of scenario
Somewhat related, can anyone point me to resources about advantages/disadvantages of incorporating in Canada federally vs Provincially?
Thanks for any advice.
I'm in Calgary BTW