Serbinski Accounting Firms

Your FICA taxes will be about 7%. Yes you must pay these regardless of whether ort not you will eventually use medicrae or Social security.

Your salary seems awfully low. Ok so in total I would be looking at 21% in total tax deduction for $30,000? Sorry for all the questions, I'd just rather be ...

I am to be an exclusive distributor for a product that is made in Canada to sell in the U.S. I'm looking to set up an office down there. Is there a way to obtain a visa for this kind of work? Just curious.

Carson wrote: The 2005 tax tables say about $4,200 ultimate tax for a single 1040 filer, not including FICA.

How much $$ will the FICA taxes be? Also why would I pay for medicare taxes, does that mean I receive medicare?? I am using Blue Cross to cover me when I go there.

Seems like Canadian income tax deducts more off your paycheck than say the US income tax?? dunno...

I am new to this US tax thing, so basically my net salary will be $25,800 USD, right? That being said, it's 14% in taxes deducted. So if I'm making $100/day gross, I'm taking home $86.00/day net, correct? Thanks in advance.

Anyone?

Nelsona, so basically what you're saying is that as soon as I step foot back into Canada I'm considered a 'resident' again and therefore must file my Canadian income taxes accordingly?

Why on earth would you feel the need to return every 6 months?! Doing so does make you appear that you want to live continuously in Canada -- and thus be continuosly taxed in Canada as well.

Most TNers simply live in US for the entire time, thus avoiding even the hint of Cdn residency. There s no ...

The residency requirements for maintaining your PR status have indeed changed.

One need only be physically in Canada 2 years in every 5 year period.

So you, or any other PR could leave Canada tomorrow, and come back on December 12, 2008, and mainatin your status (as long as you then stayed in ...

I'd like to know the answer to that too...

But, quickly, unless you actually LIVE in canada, you are not taxable ofn your non-Cdn income. This question has probably been answered a ton of times but here goes. I am a Canadian citizen who plans on residing in the U.S. for the next year for work. Do I have to pay Canadian income tax in ...

If I am making $30,000 USD salary in Florida, what kind of percentage of taxes will be taken off approximately? I have no dependents. Thanks in advance.