Serbinski Accounting Firms

You can only work within the scope of your TN status, which, FYI, is not a VISA. As a Canadian, you are Visa exempt. No YouTube, apps, or setting up a business. I am curious why you would pay a Canadian "exit tax"? One of the conditions of the TN status is that you maintain ties to Canada,...

FYI, you only have to report your ex-situ assets - what you have outside the US. Also, if you are a US person, you should be filing a US return every year to declare you income.

Correct, the threshold for FATCA reporting is $400k for a couple filing jointly living abroad (it's lower if you live in the US). You also have FBAR reporting, which is only a $10k threshold for reporting. If you are a US Citizen or Green Card holder, all your worldwide income is reportable. RRSPs a...

nelsona wrote: > Hopefully NB told yoy this, or they are simply fishing for your money. Thanks for the reply, and confirmation that I can open another ROTH after returning to Canada. NB didn't remind me of the 5 year rule, but I am aware of it, and more than 5 years from retirement so OK with that.

nelsona wrote: > Hopefully NB told yoy this, or they are simply fishing for your money. Thanks for the reply, and confirmation that I can open another ROTH after returning to Canada. NB didn't remind me of the 5 year rule, but I am aware of it, and more than 5 years from retirement so OK with that.

nelsona wrote: > Hopefully NB told yoy this, or they are simply fishing for your money. Thanks for the reply, and confirmation that I can open another ROTH after returning to Canada. NB didn't remind me of the 5 year rule, but I am aware of it, and more than 5 years from retirement so OK with that.

I have returned to Canada after living in the US for many years and contributing to 401ks and IRAs. I have made the elections for the ROTH IRAs and not made any Canadian contributions. I would like to consolidate the accounts (currently with Schwab and Fidelity) at BMO, where they can be managed mor...