Serbinski Accounting Firms

thanks Nelsona for posting your thoughts. No problem, I will file PFIC forms for my Canadian ETFs, but curious if there are any benefits at all for moving my taxable account from a Canadian brokerage firm to an American one. Are there any special form filing requirements that will go away?

Hi, I have some Canadian listed ETFs with a Canadian broker. I have become an American resident recently. So, to avoid dealing with PFIC requirements, wondering if I can transfer those positions to a taxable brokerage account in the US. I heard from Interactive Brokers that they would allow me to op...

makes sense! Thanks a lot, nelsona for your replies, you are awesome!

thanks for your reply, nelsona, I appreciate it very much. Yes, I got the Greencard through my family sponsorship. Just one more question if you don't mind. I am kind of struggling with the long commute so trying to get a satellite place to stay for 2 or 3 weeknights in Canada to reduce the number o...

I am a longtime Canadian resident and citizen but just last month received my US Greencard. Moved to the US border town on June 1st, got the American Drivers License and started commuting to my work in Canada. Did I lose my Canadian tax residency on this day or am I still a resident of Canada along ...