Serbinski Accounting Firms

Ron.Henderson wrote: > It's a tax credit, which is not income. Tax credit against US taxes, not Canadian. > If you call it income and declare it, CRA will be happy to cash the cheque for taxes > owed. If you don't call it income and don't declare it, CRA won't notice. You're the kind who likes to ta...

When I realized last year I hadn't been compliant by reporting the TFSA and RESP in my name, I hired a very expensive accountant to re-do everything and go through the streamline process to get me up to date. He believed that once I saw how the forms were filled out I would be able to do it myself t...

It's been 23 years since I moved here, but unless things have changed, moving out of Canada would definitely jeopardize the PR. If you are considering dual citizenship at all in the future and you stay in Canada, be careful how often you go out of the country because you have to account for every tr...

Grad467_2 wrote: > Good afternoon one and all. Came across this forum after doing a number of > searches while getting information to file both my US and Canadian tax > return for 2019 and I am extremely happy to have found it since it's been > very helpful answering many of my Google questions. I j...

Bubba Gums wrote: > I know the stimulus check is not taxable in the US. Would it be taxable in > Canada? Seeing how Canada taxes on worldwide income, I would say technically, yes. However, I believe it's going to be up to the taxpayer to be honest about it as there won't be a paper trail on the Cana...