Serbinski Accounting Firms

Thnx.
So MAT leave is ok regardless of being on TD status?
Employer is currently running me on Full Time payroll, no scope to make it as a contractor. Is being contractor a solid requirement ?

Hi All and thanks Nelsona for helping 2years back when we went to US and came back due to family reasons- learned a lot about taxes during that time. This time, I have another offer to join Dec 1st and evaluating how to take care of following. 1. Spouse will be ON Mat leave so will be getting EI - S...

thanks! So from what I read I will need to send W7 along with the return. I cannot get ITIN online or have time now to receive it and then apply.

Old thread : but have the similar quesiton;

1. When filing in the US as jointly
- Does my wife need to apply for a ITIN?
- does she need to file FBAR and FATCA etc - she is only on TD and does not work.

Thanks DaveM. Yes, was told verbally by a tax accounting firm that deals in international taxes - that as the primary form 3520 is due with regular taxes / April. The attachment would follow the same. I did refer them to the info given on the taxmans website- but they repeated that its an attachment...

1. I am having a tough time finding - if a QUESTRADE TFSA - stock trading account is a Trust or not. Chatted with their online support and they had no idea if was considered as a trust. Kept asking me if submitted any documents to authorize it as a trust setup :roll: Anyone here have a TFSA trading ...

Answer # 2
http://www.justanswer.com/tax/8c9vs-tax ... rking.html

Well i haven't made any contribution in past 2 years and its at loss. Do I still report and file?

Sorry above posting was meant for another thread. :(

Read this exact verbiage on another forum "Form 3520 is to report distributions and withdrawals from the trust - if there were no contributions or distributions - that form is not required " I haven't put in or pulled out anything in my LOSS making TFSA account. I don't have any RRSP inves...

And is March15th hard deadline for any of these forms ? appreciate your replies thanks !

Thanks. For the TFSA when everyone here recommends to closing it - is it because of the filling/paperwork burden or the tax on any interest earned. In my situation my TFSA is actually at a loss of close to 50% , would I be still taxed on it. I was hoping to keep it in the account for the long-run as...

Hi there, thanks to all in advance for all the useful info. I am a total noob on taxes and recently moved to Florida on TN permit. The whole idea was for a new experience and not about salary -in fact took a salary cut. Never realized that all these fillings would be such a burden. As days go by I a...